TY  - BOOK
AU  - Kopp,P.E.
AU  - Malczak,Jan
AU  - Zastawniak,Tomasz
TI  - Probability for finance 
T2  - Mastering mathematical finance
SN  - 9780521175579
PY  - 2014///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Business mathematics
KW  - Probabilities
KW  - Finance
N1  - Includes index
N2  - Students and instructors alike will benefit from this rigorous, unfussy text, which keeps a clear focus on the basic probabilistic concepts required for an understanding of financial market models, including independence and conditioning. Assuming only some calculus and linear algebra, the text develops key results of measure and integration, which are applied to probability spaces and random variables, culminating in central limit theory. Consequently it provides essential prerequisites to graduate-level study of modern finance and, more generally, to the study of stochastic processes. Results are proved carefully and the key concepts are motivated by concrete examples drawn from financial market models. Students can test their understanding through the large number of exercises and worked examples that are integral to the text
ER  -