QuoteOriginally posted by: AntonioWithout being rude, does anyone need another math finance book? There are already so many. I can understand when it's on a very specific topic (Malliavin calculus, the book by Lewis, the one by Labordere, some on numerical computations, like Joshi's...). But for general math finance Shreve+Wilmott+Hull (I don't have any shares in any of these books) cover all the "general math finance". According to Merriam-Webster, "Primer" means "a small introductory book on a subject". Could someone clearly explain to me the need for such a book? (I haven't read it, just browsed through the table of contents, so that is a honest question).The aim of the book is to make the review of mathematical topics for the goal of studying financial mathematics efficient. It is assumed the the reader has taken an advanced calculus before. The book reviews (in more depth than a usual course) specific topics that are used in quantitative finance, with financial applications. The reader should be able to use the book for self study, and having a Solutions Manual should further facilitate that.The book can be used as a companion to any more advanced quantitative finance book, and was originally intended for the benefit of students preparing for financial engineering programs. It should also makes a good reference book for mathematical topics that are frequently assumed to be known in other texts, such as Taylor expansions, Lagrange multipliers, finite difference approximations, and numerical methods for solving nonlinear equations.The topics covered reflect the aim of the book:Mathematical topics:- numerical integration methods- Lagrange multipliers- convergence of Taylor series expansions- finite difference approximations- Stirling's formula- polar coordinates transformations- Newton's method for higher dimensional problemsFinancial topics:- bond duration and convexity- Put-Call parity- Black-Scholes formula- numerical estimation of the Greeks- implied volatility- bootstrapping for finding interest rate curves
Last edited by dstefan
on February 10th, 2009, 11:00 pm, edited 1 time in total.