Financial theory with Python: a gentle introduction
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Beijing ; Boston ; Farnham ; Sebastopol ; Tokyo
O'Reilly
October 2021
|
| Ausgabe: | First edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | xiii, 185 Seiten Illustrationen, Diagramme |
| ISBN: | 9781098104351 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV047889348 | ||
| 003 | DE-604 | ||
| 005 | 20220425 | ||
| 007 | t | ||
| 008 | 220321s2021 a||| |||| 00||| eng d | ||
| 020 | |a 9781098104351 |c pbk |9 978-1-09-810435-1 | ||
| 035 | |a (OCoLC)1312704075 | ||
| 035 | |a (DE-599)BVBBV047889348 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-739 | ||
| 084 | |a QH 110 |0 (DE-625)141531: |2 rvk | ||
| 100 | 1 | |a Hilpisch, Yves |e Verfasser |0 (DE-588)122757831 |4 aut | |
| 245 | 1 | 0 | |a Financial theory with Python |b a gentle introduction |c Yves Hilpisch |
| 250 | |a First edition | ||
| 264 | 1 | |a Beijing ; Boston ; Farnham ; Sebastopol ; Tokyo |b O'Reilly |c October 2021 | |
| 300 | |a xiii, 185 Seiten |b Illustrationen, Diagramme | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 0 | 7 | |a Python |g Programmiersprache |0 (DE-588)4434275-5 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Finanztheorie |0 (DE-588)4154425-0 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Finanztheorie |0 (DE-588)4154425-0 |D s |
| 689 | 0 | 1 | |a Python |g Programmiersprache |0 (DE-588)4434275-5 |D s |
| 689 | 0 | |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-1-09-810430-6 |
| 856 | 4 | 2 | |m Digitalisierung UB Passau - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033271504&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-033271504 | ||
Datensatz im Suchindex
| _version_ | 1804183493447516160 |
|---|---|
| adam_text | Table of Contents Preface.................................................................... ..................................vii 1. Finance and Python............................................... ................................... 1 A Brief History of Finance Major Trends in Finance A Four-Languages World The Approach of This Book Getting Started with Python Conclusions References 2. Two-State Economy............................................... ................................ Economy Real Assets Agents Time Money Cash Flow Return Interest Present Value Net Present Value Uncertainty Financial Assets Risk Probability Measure Expectation Expected Return 2 3 4 5 8 15 16 17 18 18 18 19 20 21 23 23 24 25 26 28 29 29 31 32
Volatility Contingent Claims Replication Arbitrage Pricing Market Completeness Arrow-Debreu Securities Martingale Pricing First Fundamental Theorem of Asset Pricing Pricing by Expectation Second Fundamental Theorem of Asset Pricing Mean-Variance Portfolios Conclusions Further Resources 33 35 37 40 42 47 49 50 51 51 52 57 57 Three-State Economy............................................................................ ......................... 59 Uncertainty Financial Assets Attainable Contingent Claims Martingale Pricing Martingale Measures Risk-Neutral Pricing Super-Replication Approximate Replication Capital Market Line Capital Asset Pricing Model Conclusions Further Resources 60 60 61 64 64 67 67 71 73 75 80 81 Optimality and Equilibrium................................................................... ......................... 83 Utility Maximization Indifference Curves Appropriate Utility Functions Logarithmic Utility Time-Additive Utility Expected Utility Optimal Investment Portfolio Time-Additive Expected Utility Pricing in Complete Markets Arbitrage Pricing Martingale Pricing Risk-Less Interest Rate A Numerical Example (I) iv I Table of Contents 84 86 88 89 90 93 95 98 99 101 102 102 103
Pricing in Incomplete Markets Martingale Measures Equilibrium Pricing A Numerical Example (II) Conclusions Further Resources 106 108 109 111 115 116 Static Economy...................................................................... ............. 117 Uncertainty Random Variables Numerical Examples Financial Assets Contingent Claims Market Completeness Fundamental Theorems of Asset Pricing Black-Scholes-Merton Option Pricing Completeness of Black-Scholes-Merton Merton Jump-Diffusion Option Pricing Representative Agent Pricing Conclusions Further Resources 118 119 120 122 124 125 129 133 137 138 143 144 145 Dynamic Economy................................................................... .............. 147 Binomial Option Pricing Simulation and Valuation Based on Python Loops Simulation and Valuation Based on Vectorized Code Speed Comparison Black-Scholes-Merton Option Pricing Monte Carlo Simulation of Stock Price Paths Monte Carlo Valuation of the European Put Option Monte Carlo Valuation of the American Put Option Conclusions Further Resources 148 151 154 157 159 159 163 164 166 166 Whereto Gofrom Here?............................................................ .............. 169 Mathematics Financial Theory Python Programming Python for Finance Financial Data Science Algorithmic Trading Computational Finance 169 170 173 173 174 174 175 Table of Contents | v
Artificial Intelligence Other Resources Final Words 176 176 177 Index........................................................................................................ 179 vi I Table of Contents
|
| adam_txt |
Table of Contents Preface. .vii 1. Finance and Python. . 1 A Brief History of Finance Major Trends in Finance A Four-Languages World The Approach of This Book Getting Started with Python Conclusions References 2. Two-State Economy. . Economy Real Assets Agents Time Money Cash Flow Return Interest Present Value Net Present Value Uncertainty Financial Assets Risk Probability Measure Expectation Expected Return 2 3 4 5 8 15 16 17 18 18 18 19 20 21 23 23 24 25 26 28 29 29 31 32
Volatility Contingent Claims Replication Arbitrage Pricing Market Completeness Arrow-Debreu Securities Martingale Pricing First Fundamental Theorem of Asset Pricing Pricing by Expectation Second Fundamental Theorem of Asset Pricing Mean-Variance Portfolios Conclusions Further Resources 33 35 37 40 42 47 49 50 51 51 52 57 57 Three-State Economy. . 59 Uncertainty Financial Assets Attainable Contingent Claims Martingale Pricing Martingale Measures Risk-Neutral Pricing Super-Replication Approximate Replication Capital Market Line Capital Asset Pricing Model Conclusions Further Resources 60 60 61 64 64 67 67 71 73 75 80 81 Optimality and Equilibrium. . 83 Utility Maximization Indifference Curves Appropriate Utility Functions Logarithmic Utility Time-Additive Utility Expected Utility Optimal Investment Portfolio Time-Additive Expected Utility Pricing in Complete Markets Arbitrage Pricing Martingale Pricing Risk-Less Interest Rate A Numerical Example (I) iv I Table of Contents 84 86 88 89 90 93 95 98 99 101 102 102 103
Pricing in Incomplete Markets Martingale Measures Equilibrium Pricing A Numerical Example (II) Conclusions Further Resources 106 108 109 111 115 116 Static Economy. . 117 Uncertainty Random Variables Numerical Examples Financial Assets Contingent Claims Market Completeness Fundamental Theorems of Asset Pricing Black-Scholes-Merton Option Pricing Completeness of Black-Scholes-Merton Merton Jump-Diffusion Option Pricing Representative Agent Pricing Conclusions Further Resources 118 119 120 122 124 125 129 133 137 138 143 144 145 Dynamic Economy. . 147 Binomial Option Pricing Simulation and Valuation Based on Python Loops Simulation and Valuation Based on Vectorized Code Speed Comparison Black-Scholes-Merton Option Pricing Monte Carlo Simulation of Stock Price Paths Monte Carlo Valuation of the European Put Option Monte Carlo Valuation of the American Put Option Conclusions Further Resources 148 151 154 157 159 159 163 164 166 166 Whereto Gofrom Here?. . 169 Mathematics Financial Theory Python Programming Python for Finance Financial Data Science Algorithmic Trading Computational Finance 169 170 173 173 174 174 175 Table of Contents | v
Artificial Intelligence Other Resources Final Words 176 176 177 Index. 179 vi I Table of Contents |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| author | Hilpisch, Yves |
| author_GND | (DE-588)122757831 |
| author_facet | Hilpisch, Yves |
| author_role | aut |
| author_sort | Hilpisch, Yves |
| author_variant | y h yh |
| building | Verbundindex |
| bvnumber | BV047889348 |
| classification_rvk | QH 110 |
| ctrlnum | (OCoLC)1312704075 (DE-599)BVBBV047889348 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| edition | First edition |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01515nam a2200361 c 4500</leader><controlfield tag="001">BV047889348</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20220425 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">220321s2021 a||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781098104351</subfield><subfield code="c">pbk</subfield><subfield code="9">978-1-09-810435-1</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312704075</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047889348</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-739</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QH 110</subfield><subfield code="0">(DE-625)141531:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Hilpisch, Yves</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)122757831</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Financial theory with Python</subfield><subfield code="b">a gentle introduction</subfield><subfield code="c">Yves Hilpisch</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">First edition</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Beijing ; Boston ; Farnham ; Sebastopol ; Tokyo</subfield><subfield code="b">O'Reilly</subfield><subfield code="c">October 2021</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xiii, 185 Seiten</subfield><subfield code="b">Illustrationen, Diagramme</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Python</subfield><subfield code="g">Programmiersprache</subfield><subfield code="0">(DE-588)4434275-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Finanztheorie</subfield><subfield code="0">(DE-588)4154425-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Finanztheorie</subfield><subfield code="0">(DE-588)4154425-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Python</subfield><subfield code="g">Programmiersprache</subfield><subfield code="0">(DE-588)4434275-5</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-1-09-810430-6</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Passau - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033271504&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033271504</subfield></datafield></record></collection> |
| id | DE-604.BV047889348 |
| illustrated | Illustrated |
| index_date | 2024-07-03T19:25:32Z |
| indexdate | 2024-07-10T09:24:19Z |
| institution | BVB |
| isbn | 9781098104351 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033271504 |
| oclc_num | 1312704075 |
| open_access_boolean | |
| owner | DE-739 |
| owner_facet | DE-739 |
| physical | xiii, 185 Seiten Illustrationen, Diagramme |
| publishDate | 2021 |
| publishDateSearch | 2021 |
| publishDateSort | 2021 |
| publisher | O'Reilly |
| record_format | marc |
| spelling | Hilpisch, Yves Verfasser (DE-588)122757831 aut Financial theory with Python a gentle introduction Yves Hilpisch First edition Beijing ; Boston ; Farnham ; Sebastopol ; Tokyo O'Reilly October 2021 xiii, 185 Seiten Illustrationen, Diagramme txt rdacontent n rdamedia nc rdacarrier Python Programmiersprache (DE-588)4434275-5 gnd rswk-swf Finanztheorie (DE-588)4154425-0 gnd rswk-swf Finanztheorie (DE-588)4154425-0 s Python Programmiersprache (DE-588)4434275-5 s DE-604 Erscheint auch als Online-Ausgabe 978-1-09-810430-6 Digitalisierung UB Passau - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033271504&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Hilpisch, Yves Financial theory with Python a gentle introduction Python Programmiersprache (DE-588)4434275-5 gnd Finanztheorie (DE-588)4154425-0 gnd |
| subject_GND | (DE-588)4434275-5 (DE-588)4154425-0 |
| title | Financial theory with Python a gentle introduction |
| title_auth | Financial theory with Python a gentle introduction |
| title_exact_search | Financial theory with Python a gentle introduction |
| title_exact_search_txtP | Financial theory with Python a gentle introduction |
| title_full | Financial theory with Python a gentle introduction Yves Hilpisch |
| title_fullStr | Financial theory with Python a gentle introduction Yves Hilpisch |
| title_full_unstemmed | Financial theory with Python a gentle introduction Yves Hilpisch |
| title_short | Financial theory with Python |
| title_sort | financial theory with python a gentle introduction |
| title_sub | a gentle introduction |
| topic | Python Programmiersprache (DE-588)4434275-5 gnd Finanztheorie (DE-588)4154425-0 gnd |
| topic_facet | Python Programmiersprache Finanztheorie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033271504&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT hilpischyves financialtheorywithpythonagentleintroduction |