UID:
almafu_9959241487502883
Format:
1 online resource (xv, 316 pages) :
,
digital, PDF file(s).
ISBN:
1-107-16277-7
,
1-280-75013-8
,
0-511-26540-9
,
0-511-26612-X
,
0-511-26386-4
,
0-511-61757-7
,
0-511-33163-0
,
0-511-26469-0
Content:
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.
Note:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
,
Contents; Foreword; Preface; Acknowledgments; 1 Synopsis; 2 Introduction to finance; 3 Derivative securities; 4 Hamiltonians and stock options; 5 Path integrals and stock options; 6 Stochastic interest rates' Hamiltoniansand path integrals; 7 Quantum field theory of forward interest rates; 8 Empirical forward interest rates and field theory models; 9 Field theory of Treasury Bonds' derivativesand hedging; 10 Field theory Hamiltonian of forward interest rates; 11 Conclusions; Appendix A Mathematical background; Brief Glossary of Financial Terms; Brief Glossary of Physics Terms; Main symbols
,
ReferencesIndex
,
English
Additional Edition:
ISBN 0-521-71478-8
Additional Edition:
ISBN 0-521-84045-7
Language:
English
Subjects:
Economics
URL:
Volltext
(lizenzpflichtig)
URL:
https://doi.org/10.1017/CBO9780511617577
URL:
https://doi.org/10.1017/CBO9780511617577
