Aspects of Mathematical Finance

Language: English

Published by Springer, Springer Okt 2010, 2010

364209452X / 9783642094521

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This item is printed on demand - Print on Demand Titel. Neuware -Considering the stupendous gain in importance, in the banking and insurance industries since the early 1990¿s, of mathematical methodology, especially probabilistic methodology, it was a very natural idea for the French 'Académie des Sciences' to propose a series of public lectures, accessible to an educated audience, to promote a wider understanding for some of the fundamental ideas, techniques and new tools of the financial industries.These lectures were given at the 'Académie des Sciences' in Paris by internationally renowned experts in mathematical finance, and later written up for this volume which develops, in simple yet rigorous terms, some challenging topics such as risk measures, the notion of arbitrage, dynamic models involving fundamental stochastic processes like Brownian motion and Lévy processes.The Ariadne¿s thread leads the reader from Louis Bachelier¿s thesis 1900 to the famous Black-Scholes formula of 1973 and to most recent work close to Malliavin¿s stochastic calculus of variations. The book also features a description of the trainings of French financial analysts which will help them to become experts in these fast evolving mathematical techniques.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 88 pp. Englisch.

Seller Inventory # 9783642094521

Title
Aspects of Mathematical Finance
Author
Marc Yor
Publisher
Springer, Springer Okt 2010
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
364209452X
ISBN 13
9783642094521
Item weight
149 grams
Dimensions
235x155x6 mm

buchversandmimpf2000

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