Abstract
Asset pricing involves the prediction of future events and as such relies very heavily on the mathematical theory of probability. In this chapter, we begin a discussion of basic probability. This discussion will continue in later chapters, as the need for more information arises in connection with subsequent topics to be covered in the book.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2004 Steven Roman
About this chapter
Cite this chapter
Roman, S. (2004). Probability I: An Introduction to Discrete Probability. In: Introduction to the Mathematics of Finance. Undergraduate Texts in Mathematics. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-9005-1_2
Download citation
DOI: https://doi.org/10.1007/978-1-4419-9005-1_2
Publisher Name: Springer, New York, NY
Print ISBN: 978-0-387-21364-4
Online ISBN: 978-1-4419-9005-1
eBook Packages: Springer Book Archive