Stochastic Calculus and Financial Applications (Stochastic Modelling and Applied Probability)

Stochastic calculus has important applications to mathematical finance. This book will appeal to practitioners and students who want an elementary introduction to these areas.

From the reviews: "As the preface says, This is a text with an attitude, and it is designed to reflect, wherever possible and appropriate, a prejudice for the concrete over the abstract . This is also reflected in the style of writing which is unusually lively for a mathematics book." --ZENTRALBLATT MATH