An Elementary Introduction to Mathematical Finance (3 Ed.)
This textbook on the basics of option pricing is accessible to readers with limited mathematical training. It is for both professional traders and undergraduates studying the basics of finance. Assuming no prior knowledge of probability, Sheldon M. Ross offers clear, simple explanations of arbitrage, the Black-Scholes option pricing formula, and other topics such as utility functions, optimal portfolio selections, and the capital assets pricing model.
A world-renowned mathematician takes a lighthearted look at the philosophy, form, and recreations of mathematics in this fascinating book. In lucid and witty language, he discusses and illustrates the charm of mathematics as well as the science's vast practical utility and its vital significance to our cultural history. 1958 edition.
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