--- product_id: 5890949 title: "Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance)" price: "£52.36" currency: GBP in_stock: true reviews_count: 13 url: https://www.desertcart.co.uk/products/5890949-stochastic-calculus-for-finance-i-the-binomial-asset-pricing-model store_origin: GB region: United Kingdom --- # Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) **Price:** £52.36 **Availability:** ✅ In Stock ## Quick Answers - **What is this?** Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) - **How much does it cost?** £52.36 with free shipping - **Is it available?** Yes, in stock and ready to ship - **Where can I buy it?** [www.desertcart.co.uk](https://www.desertcart.co.uk/products/5890949-stochastic-calculus-for-finance-i-the-binomial-asset-pricing-model) ## Best For - Customers looking for quality international products ## Why This Product - Free international shipping included - Worldwide delivery with tracking - 15-day hassle-free returns ## Description Buy Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) on desertcart.com ✓ FREE SHIPPING on qualified orders Review: One of the best! - It would be hard to overstate my enthusiasm for this text and its companion volume. In field that is too frequently represented by poorly thought out drafts rushed to market or by advanced mathematical treatments that are not easily understood by individuals more focused on practice, Shreve's texts stand out by being both rigorous and accessible with well thought out examples and exercises. This particular volume, covering binomial models, covers advanced concepts in a discrete setting. For some it will represent a waste of time and those individuals are best advised to skip to Volume II. However, many intelligent students who are not so comfortable with abstract mathematics will find this a simple and concrete exposition that can serve as a bridge to more advanced theory. Review: Very fun - I went to Carnegie Mellon and met with Dr.Shreve multiple times (although I doubt he remembers me). This book was used as the guide for a course called discrete time finance. Book is great, Dr.Shreve is great. I sometimes read parts of this book when I want a little dose of isolated, pure and not overly complex quantitative finance. Its the book that keeps giving....Practically, however in real world of quantitative trading you almost never use these concepts. ## Technical Specifications | Specification | Value | |---------------|-------| | Best Sellers Rank | #92,297 in Books ( See Top 100 in Books ) #4 in Statistics (Books) #45 in Calculus (Books) #60 in Probability & Statistics (Books) | | Customer Reviews | 4.5 4.5 out of 5 stars (137) | | Dimensions | 6 x 0.25 x 9 inches | | Edition | 2004th | | ISBN-10 | 0387249680 | | ISBN-13 | 978-0387249681 | | Item Weight | 10.4 ounces | | Language | English | | Part of series | Springer Finance | | Print length | 202 pages | | Publication date | June 28, 2005 | | Publisher | Springer | ## Images ![Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) - Image 1](https://m.media-amazon.com/images/I/617X-p-NlkL.jpg) ## Customer Reviews ### ⭐⭐⭐⭐⭐ One of the best! *by R***Y on December 3, 2004* It would be hard to overstate my enthusiasm for this text and its companion volume. In field that is too frequently represented by poorly thought out drafts rushed to market or by advanced mathematical treatments that are not easily understood by individuals more focused on practice, Shreve's texts stand out by being both rigorous and accessible with well thought out examples and exercises. This particular volume, covering binomial models, covers advanced concepts in a discrete setting. For some it will represent a waste of time and those individuals are best advised to skip to Volume II. However, many intelligent students who are not so comfortable with abstract mathematics will find this a simple and concrete exposition that can serve as a bridge to more advanced theory. ### ⭐⭐⭐⭐⭐ Very fun *by E***K on February 27, 2024* I went to Carnegie Mellon and met with Dr.Shreve multiple times (although I doubt he remembers me). This book was used as the guide for a course called discrete time finance. Book is great, Dr.Shreve is great. I sometimes read parts of this book when I want a little dose of isolated, pure and not overly complex quantitative finance. Its the book that keeps giving....Practically, however in real world of quantitative trading you almost never use these concepts. ### ⭐⭐⭐⭐⭐ Excellent introduction to option pricing *by J***. on July 6, 2009* Shreve's book is an excellent introduction to basic options pricing. He not only deals with plain vanilla options, but also shows how the binomial model can be used to to value exotic options. Each chapter has exercises which not only apply what is taught but force you to think and ensure that you really understand it. Little more than basic algebra is required to understand the text, making it very accessible. His expositions of topics such as martingales, markov processes, etc. are very good. The text can be dense, though--there's a great deal of information. In short, if you want an introduction of how options can be priced without the partial differential equations in the Black-Scholes model, this is an excellent choice. ## Frequently Bought Together - Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) - Stochastic Calculus for Finance II: Continuous-Time Models (Springer Finance Textbooks) - A Primer For The Mathematics Of Financial Engineering, Second Edition (Financial Engineering Advanced Background Series) --- ## Why Shop on Desertcart? - 🛒 **Trusted by 1.3+ Million Shoppers** — Serving international shoppers since 2016 - 🌍 **Shop Globally** — Access 737+ million products across 21 categories - 💰 **No Hidden Fees** — All customs, duties, and taxes included in the price - 🔄 **15-Day Free Returns** — Hassle-free returns (30 days for PRO members) - 🔒 **Secure Payments** — Trusted payment options with buyer protection - ⭐ **TrustPilot Rated 4.5/5** — Based on 8,000+ happy customer reviews **Shop now:** [https://www.desertcart.co.uk/products/5890949-stochastic-calculus-for-finance-i-the-binomial-asset-pricing-model](https://www.desertcart.co.uk/products/5890949-stochastic-calculus-for-finance-i-the-binomial-asset-pricing-model) --- *Product available on Desertcart United Kingdom* *Store origin: GB* *Last updated: 2026-05-26*