《Derivative Securities, Financial Markets, and Risk Management》作者：Robert A·Jarrow等【PDF】

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内容简介：

Written by two of the most distinguished finance scholars in the industry, this introductory textbook on derivatives and risk management is highly accessible in terms of the concepts as well as the mathematics.
With its economics perspective, this rewritten and streamlined second edition textbook, is closely connected to real markets, and:

Shows how macroeconomic forces have shaped the markets
Explains the major derivative pricing models using algebra and introductory calculus
Shows students how to implement these models using basic statistics and elementary Excel spreadsheet skills
Discusses the uses of derivatives while warning against their abuses
Presents hard-to-teach interest rate derivatives in an intuitive manner
Presents the Heath Jarrow Morton model, which is the most advanced derivatives pricing model, in an accessible manner by presenting it side-by-side with classical option pricing theory Beginning at a level that is comfortable to lower division college students, the book gradually develops the content so that its lessons can be profitably used by business majors, arts, science, and engineering graduates as well as MBAs who would work in the finance industry. Supplementary materials are available to instructors who adopt this textbook for their courses. These include:
Solutions Manual with detailed solutions to nearly 500 end-of-chapter questions and problems
PowerPoint slides and a Test Bank for adopters
PRICED! In line with current teaching trends, we have woven spreadsheet applications throughout the text. Our aim is for students to achieve self-sufficiency so that they can generate all the models and graphs in this book via a spreadsheet software, Priced!

作者简介：

Robert A. Jarrow, he Ronald P. and Susan E. Lynch Professor of Investment Management and Professor of Finance and Economics at the Johnson Graduate School of Management. He is a member of the graduate field of Operations Research. Professor Jarrow joined the Cornell faculty in 1979. In 1990 he was a Barclays de Zoete Wedd Visiting Professor at the Australian Graduate School of Management, University of New South Wales in Australia. He is the managing editor of Mathematical Finance, a coeditor of The Journal of Derivatives and an associate editor for numerous other finance journals. He was a Mobil scholar in 1993 and a member of the Merrill Lynch Academic Advisory Council in 1994-95. His research has won numerous awards. In 1997 he was named IAFE Financial Engineer of the Year in recognition of his many contributions to the field. He is currently an IAFE senior fellow. He also serves on various corporate board of directors and advisory boards. He is co-director of Cornell University’s Certificate in Financial Engineering program.

Arka Chatterjea works primarily in the fields of economics of higher education and financial economics. He earned his B.Sc. (Mathematics) from St. Xaviers College, M.A. (Economics) from Tufts University, and M.A.-Ph.D. (Economics) from Cornell. He was a professor at the Indian Institute of Management Calcutta, and he has held full-time professorial positions at CU Boulder, IU Bloomington, and UNC Chapel Hill. In addition, he was a short-term visitor at Cornell, the Helsinki School, Hong Kong UST, and IIM Ahmedabad, and he is a Research Fellow at UNC’s Kenan-Flagler Business School.