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Quantum Finance

Name: Quantum Finance
Brand: Cambridge University Press
SKU: 02041264
Price: 88.6 EUR
Availability: InStock
Author: Belal E. Baaquie
ISBN: 9780521714785

Path Integrals and Hamiltonians for Options and Interest Rates

Belal E. Baaquie

Jazyk

Angličtina

Kniha Brožovaná

Libristo kód: 02041264

Nakladateľstvo Cambridge University Press, júl 2007

This book applies the mathematics and concepts of quantum mechanics and quantum field theory to the... Celý popis

Libristo kód: 02041264

214 b

88.60 €

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This book applies the mathematics and concepts of quantum mechanics and quantum field theory to the modelling of interest rates and the theory of options. Particular emphasis is placed on path integrals and Hamiltonians. Financial mathematics is dominated by stochastic calculus. The present book offers a formulation that is completely independent of that approach. As such many results emerge from the ideas developed by the author. This work will be of interest to physicists and mathematicians working in the field of finance, to quantitative analysts in banks and finance firms and to practitioners in the field of fixed income securities and foreign exchange. The book can also be used as a graduate text for courses in financial physics and financial mathematics.