INTRODUCTION TO DERIVATIVE SECURITIES, FINANCIAL MARKETS, AND RISK MANAGEMENT, AN (SECOND EDITION)

Robert A Jarrow is the Ronald P and Susan E Lynch Professor of Investment Management at the Samuel Curtis Johnson Graduate School of Management, Cornell SC Johnson College of Business. He is among the most distinguished finance scholars of his generation. Jarrow has done research in nearly all areas of derivatives pricing. He is the co-developer of two widely used pricing models in finance, the Heath Jarrow Morton (HJM) model for pricing interest-rate derivatives and the reduced form model for pricing securities with credit risk. He is the author of more than 200 academic publications, seven books including Option Pricing (with Andrew Rudd, 1983), Modelling Fixed Income Securities and Interest Rate Options (1996), and Derivative Securities (with Stuart Turnbull, 2000), and several edited volumes.

Arkadev Chatterjea is a Visiting Professor of Finance, Kelley School of Business, Indiana University Bloomington. He is also a Research Fellow at UNC Chapel Hill and a Visiting Fellow at CHERI, Cornell University. He did his PhD at Cornell, where he was a student of Jarrow. Earlier, he was a Professor of Finance at the Indian Institute of Management Calcutta. A winner of research and teaching awards in the USA, Chatterjea has taught derivatives at the above universities and at other institutions including CU Boulder, the Helsinki School, Hong Kong UST, and IIM Ahmedabad.