Introduction to the Economics and Mathematics of Financial Marketsby Jaksa Cvitanic, Fernando ZapateroHardcover: 494 pages Publisher: MIT Press; (March 1, 2004) ISBN: 026203320Table of Contents Preface I The Setting: Markets, Models, Interest Rates, Utility Maximization, Risk 1 1 Financial Markets 3 2 Interest Rates 31 3 Models of Securities Prices in Financial Markets 53 4 Optimal Consumption/Portfolio Strategies 103 5 Risk 153 II Pricing and Hedging of Derivative Securities 177 6 Arbitrage and Risk-Neutral Pricing 179 7 Option Pricing 217 8 Fixed-Income Market Models and Derivatives 275 9 Hedging 313 10 Bond Hedging 341 11 Numerical Methods 355 III Equilibrium Models 381 12 Equilibrium Fundamentals 383 13 CAPM 409 14 Multifactor Models 433 15 Other Pure Exchange Equilibria 447 16 Appendix: Probability Theory Essentials 469 References 479 Index 487 FinMath.com

ChuckchiThanks for alerting us to this new book. I have added it to the Wilmott Bookshop:Introduction to the Economics and Mathematics of Financial MarketsPhilip

Has anybody read this book? Any comments?

sm345:I will be using this book in an upcoming course. Frankly, I'm a little pissed about it becausethe prof is making us use it because the authors are his buddies. Does anyoneknow if either Cvitanic or Zapatero have much of a reputation? I would have ratherused something a little more established like Neftci or PWOQF, to name a few. I'venever heard of these guys before. Does anyone know anything about the book? I'll post later in the term with my thoughtson the book.r

>> I will be using this book in an upcoming course. Frankly, I'm a little pissed about it because>> the prof is making us use it because the authors are his buddiesHave you ever done a course where this was NOT the case? We nearly always used the profs own book - or one by someone else in the dept.