Daigar The real value of this book lies in how successfully it motivates each of the pieces of theoretical machinery used in risk-neutral asset pricing: One strength of Financial Calculus is that, while it is rigorous and the approach is quite abstract — it assumes familiarity with calculus and a general competence with formal mathematics — concrete worked examples are used to anchor the theory and assist intuition. Mijrelax rated it it was amazing Jan 26, John rated it really liked it Aug 15, Jan 31, Neal Groothuis rated it it was amazing. Financial Calculus by Martin Baxter This is concise without being terse, clear, and comprehensive. Return to Book Page.
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