Investment Science
Description
'Good thorough
introduction to financial planning.' Cormal Lucas, Lecturer, Brunel University
'"Options and
continuous-time finance are important enough to warrant a whole course in MBA programs.
David Luenberger's book makes continuous time finance accessible to any student who has
mastered elementrary calculus and probability theory, and motivates the subject by using
it to solve a broad range of option-type problems relating to stock, bond, and commodity
markets."' Jack Treynor, President, Treynor Capital Management, Inc.
'"This textbook take
a refreshing approach to the science of investing. It is extremely well-written. Financial
principles and ideas are laid out clearly and in an orderly fashion. The proofs to
theorems are elegant yet intuitive."' Joseph Cherian, Department of Finance,
School of Management, Boston University
'Relatively difficult
concepts are treated in a rigorous yet user- friendly, accessible way.' Dr.J.
Cooper Glasgow Caledonian university
'David Luenberger has a
lucid style which takes readers from basic principles to advanced concepts with surprising
ease and restraint. The book is an extensive treatment of investment and finance. It
develops practical computational applications, with a firm grip on theory. This is an
excellent, coherent and reader-friendly book.' Berc Rustem, Imperial College of
Science, Technology & Medicine
Designed for those
individuals interested in the current state of development in the field of investment
science, this book emphasizes the fundamental principles and how they can be mastered and
transformed into solutions of important and interesting investment problems. The book
examines what the essential ideas are behind investment science, how they are represented,
and how they can be used in actualome investment practice.
Readership: Undergraduate (business and economics), MBA, and engineering
economics/operations research courses in investments or investment management
494 pages