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Probability for Finance
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  • Title Probability for Finance
  • Author(s) Patrick Roger
  • Publisher: bookboon.com (May 2010)
  • ebook PDF, 115 pages
  • Language: English
  • ISBN-10: N/A
  • ISBN-13: 978-87-7681-589-9
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Book Description

This book provides technical support for students in finance. It reviews the main probabilistic tools used in financial models in a pedagogical way, starting from simple concepts like random variables and tribes and going to more sophisticated ones like conditional expectations and limit theorems. Many illustrations are given, taken from the financial literature. The book is also a prerequisite for Stochastic Processes for Finance published in the same collection.

  • A strong philosophical approach with practical applications.
  • Presents in-depth coverage of classical probability theory as well as new theory.
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