Are the solutions / answers available for the end of chapter exercises in this book?Thanks in advance.

bhuvi6dl,only for lecturers!P

Thanks so much for your reply Paul.I understand that solutions should be for the lecturers, but if just the final answers are available for students, it'll be a different experience attempting to solve those problems. Personally, I found the problems to very well designed vis - a - vis the material covered in the respective chapter, but there is no way to see if u're attempt to solve them is correct or not.Best regards,

Sorry! That would still defeat the purpose of the exercises.P

Lecturers don't need an answer book for if they did they should not be teaching; but us poor students encountering new concepts for the first time need a reference point to know thatwe are on the right track. Just my 2 cents

Completely agree with youDon't even feel like trying to attempt the exercises if I dont get to know in the end, whether my attempt was correct or not.Reduces the learning derived from the text.bhuvi6dl

There is a solution manual of that wonderful book!Pier

QuoteOriginally posted by: aneswardLecturers don't need an answer book for if they did they should not be teaching; but us poor students encountering new concepts for the first time need a reference point to know thatwe are on the right track. Just my 2 centsand I completely agree with you! Unfortunately I am not the publisher, merely the author!P

QuoteOriginally posted by: pceruttiThere is a solution manual of that wonderful book!PierWhere is it available? I guess the Derivatives book is replaced by the two volume set "Paul Wilmott on Quantitative Finance" right? So, are solutions for the "Derivatives" book available.

Do you have a private email address?

I cannot see why people like this book.They must complete beginners in the field of mathematical finance.The style although informal is the only good thing about this book.Reading chapters and even doing the exercises still leave you with that uneasy feeling that you still really haven't mastered the topics concerned and so you are not in a position to apply the material in 'practice' as the title of the book would have you believe.The chapter on stochastic calculus is the worst I have read about this topic in any of all the othe finance books out there and I have read about forty.I t will leave you feeling confused and frustrated if you didn't already have exposure to this material from elsewhere.This book was published at a time when there was a need for an introductory book for mathematical finance,but many topics are skimmed across to the extent that you'll be forced to read the same topics from other sources.To date there are far better books that cover the bulk of the same material in a more clearer and effective and thorough manner.Not to denegrate Wimott's knowledge on the subject - but he clearly is not a gifted teacher of the subject, rather a self-appointed expert on the subject who through effective marketing has garnered favorable reviews from individuals for this publication.I guarantee you'll be looking at other books for clarification most of the time and might give up using this book altogether as I did.

QuoteOriginally posted by: ppauperWhether you like this book possibly depends on your background-- those people trained initially in the hard sciences (fluid mechanics, E&M, etc) like it a lot.I did physics and then engineering at uni,but found this book leaving more questions in my mind than that having been answered.Luckily there were a couple of other books around at the time of publication that also discussed the applied mathematics aspects (e.g.,pde approach) that were a whole lot better.

I have the following question: can anyone who read "Paul Wilmott on Quantitative Finance" estimate how much new information is contained in these two volumes in comparison to his older "Derivatives" book? Or, to put it in another way, does it make any sense to buy PWQF already having the "Derivatives"?