Quantum Finance: Path Integrals and Hamiltonians for Options and Interest Rates - Softcover

Baaquie, Belal E.

 
9780521714785: Quantum Finance: Path Integrals and Hamiltonians for Options and Interest Rates

Synopsis

Financial mathematics is currently almost completely dominated by stochastic calculus. Presenting a completely independent approach, this book applies the mathematical and conceptual formalism of quantum mechanics and quantum field theory (with particular emphasis on the path integral) to the theory of options and to the modeling of interest rates. Many new results, accordingly, emerge from the author's perspective.

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About the Author

BELAL BAAQUIE earned his PhD in Theoretical Physics from Cornell University. He has published over fifty papers in leading international journals on quantum field theory and related topics, and since 1997 has regularly published papers on applying quantum field theory to both the theoretical and empirical aspects of finance. He helped to launch the International Journal of Theoretical and Applied Finance in 1998 and continues to be one of the Managing Editors.

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Other Popular Editions of the Same Title

9780521840453: Quantum Finance: Path Integrals and Hamiltonians for Options and Interest Rates

Featured Edition

ISBN 10:  0521840457 ISBN 13:  9780521840453
Publisher: Cambridge University Press, 2004
Hardcover