---
product_id: 5890949
title: "Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance)"
brand: "steven shreve"
price: "€ 109.55"
currency: EUR
in_stock: true
reviews_count: 8
url: https://www.desertcart.fi/products/5890949-stochastic-calculus-for-finance-i-the-binomial-asset-pricing-model
store_origin: FI
region: Finland
---

# Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance)

**Brand:** steven shreve
**Price:** € 109.55
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) by steven shreve
- **How much does it cost?** € 109.55 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.fi](https://www.desertcart.fi/products/5890949-stochastic-calculus-for-finance-i-the-binomial-asset-pricing-model)

## Best For

- steven shreve enthusiasts

## Why This Product

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## Description

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## Images

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## Customer Reviews

### ⭐⭐⭐⭐⭐ 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.

### ⭐⭐⭐⭐⭐ Best SC book ever
*by L***E on April 5, 2008*

I have the 1st version (pdf), so I hesitated before I make the purchase. Now it turns out that the book is worthy every buck.1. Use coin tossing space consistently as working sample. Very intuitive, never get the idea lost in abstract concepts.2. Detailed workout of examples. Very good for self study.3. Plenty of hands-on homeworks. Not necessarily very challenging. But provide good amount of extra examples.If anything the book can add, I hope it can supply implementations, in Matlab or C++. Well, it may be far stretching for a math book.

## 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)

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*Product available on Desertcart Finland*
*Store origin: FI*
*Last updated: 2026-02-21*