Mathematics of Finance

The textbook "Mathematics of Finance" offers a comprehensive introduction to the mathematical world of finance, where both concepts and intuition play a central role. The author, Donald G. Saari, equips readers with the ability to understand and navigate financial interactions characterized by a multitude of data and uncertainties. By exploring the conceptual foundations of options pricing, readers are empowered to critically select appropriate techniques and adapt to new challenges. The book covers fundamental financial techniques such as puts, calls, hedging, and arbitrage, and introduces key topics like the Black-Scholes model, focusing on the analysis of derivatives and solutions. The author's engaging, dialogical writing style promotes critical thinking and highlights the relevance of mathematical tools in context.