Author(s): Marek Capinski, Tomasz ZastawniakDifference between 2nd and 1st editions Side by side comparison of table of contents helps to figure out the most significant changes. |

**Key differences between 2nd and 1st editions**

- Time lapse between current and previous publications: 7 years (2010 vs 2003).
- In Second edition the material has been thoroughly revised and rearranged.
- Each chapter begins with acase study -- a real-life situation motivating the development of theoretical tools. A detailed discussion of the case study at the end of each chapter.
- New chapter 6 "Binomial Model" dicsusses:
- Definition of the Model
- Option Pricing
- American Claims
- Martingale Property
- Hedging
- New chapter 8 "Continuous Time Model" presents the following fresh topics:
- Shortcomings of Discrete Models
- Continuous Time Limit
- Overview of Stochastic Calculus
- Options in Black-Scholes Model
- Risk Management

Mathematics for Finance: An Introduction to Financial Engineering

Published by: Springer, November 25, 2010

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$21.18 |
From: $13.43 | ||

From: $32.86 |
$22.50 due: Dec 21 $20.25 due: Aug 03 $18.00 due: Jul 09 |

Mathematics for Finance: An Introduction to Financial Engineering

Published by: Springer, July 06, 2003

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$25.00 |
From: $1.79 |

**Saving advice**

- The new 2nd edition costs
**$7.75**more then used book. - 1st edition is
**$11.64**cheaper then the 2nd edition.