"The Volatility Smile presents a unified treatment of the Black-Scholes-Merton model and the more advanced models that have replaced it. It is also a book about the principles of financial valuation and how to apply them."

Intro -- The Volatility Smile -- Contents -- Preface -- Acknowledgments -- About the Authors -- 1 Overview -- Introduction -- The Black-Scholes-Merton Model and Its Discontents -- A Quick Look at the Implied Volatility Smile -- No-Nonsense Financial Modeling -- About Theorems and Laws -- On...