Quantitative finance:

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 fle...

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Bibliographic Details
Main Author: James, Jessica 1968- (Author)
Format: Electronic eBook
Language:English
Published: Bristol IOP Publishing 2017
Series:Physics world discovery
Subjects:
Online Access:Volltext
Summary: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.
Item Description:Titelzusatz auf dem Umschlag: Jessica James describes the development of the mathematics of finance and the contributions that physicists have made to it
Physical Description:1 Online Ressource (x, 17 Seiten) Illustrationen
ISBN:9780750313681
DOI:10.1088/978-0-7503-1368-1