Quantitative finance

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Tác giả: Jessica James

Ngôn ngữ: eng

ISBN-13: 978-0750313681

Ký hiệu phân loại: 332.015195 Financial economics

Thông tin xuất bản: Bristol [England] (Temple Circus, Temple Way, Bristol BS1 6HG, UK) : IOP Publishing, 2017

Mô tả vật lý: 1 online resource (x, 17 pages) : , color illustrations.

Bộ sưu tập: Tài liệu truy cập mở

ID: 160807

Quantitative finance is a field that has risen to prominence over the last few decades. It encompasses the complex models and calculations that value financial contracts, particularly those which reference events in the future, and apply probabilities to these events. While adding greatly to the flexibility of the market available to corporations and investors, it has also been blamed for worsening the impact of financial crises. But what exactly does quantitative finance encompass, and where did these ideas and models originate? We show that the mathematics behind finance and behind games of chance have tracked each other closely over the centuries and that many well-known physicists and mathematicians have contributed to the field.
Includes bibliographical references (pages 16-17).
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