Mathematical techniques in finance: an introduction

"Finance as a distinct field from economics is generally defined as the science or study of the management of funds. The creation of credit, savings, investments, banking institutions, financial markets and products, risk management all fall under the purview of finance. The unifying themes in...

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Beteilige Person: Sadr, Amir 1963- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Hoboken, New Jersey John Wiley & Sons, Inc. [2022]
Schriftenreihe:Wiley finance series
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Links:https://learning.oreilly.com/library/view/-/9781119838401/?ar
Zusammenfassung:"Finance as a distinct field from economics is generally defined as the science or study of the management of funds. The creation of credit, savings, investments, banking institutions, financial markets and products, risk management all fall under the purview of finance. The unifying themes in finance are time, risk and money. Mathematical or quantitative finance is the application of mathematics to these core areas. While simple arithmetic was enough for accounting and keeping ledgers and double-entry bookkeeping, Louis Bachelier's doctoral thesis, Theorie de la speculation published in 1900 used Brownian motion to study stock prices, and is widely recognized as the beginning of quantitative finance. Since then, the use of increasingly sophisticated and specialized mathematics has created the modern field of quantitative finance encompassing investment theory, asset pricing, derivatives, financial data science and the emerging area of crypto assets and Decentralized Finance (DeFi)"--
Beschreibung:Includes index. - Description based on online resource; title from digital title page (viewed on May 23, 2022)
Umfang:1 Online-Ressource (xxv, 236 Seiten) illustrations.
ISBN:9781119838418
111983841X
1119838428
9781119838425
9781119838401