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Pricing the Future, Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
EAN13
9780465028153
Éditeur
Basic Books
Date de publication
Langue
anglais
Fiches UNIMARC
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Pricing the Future

Finance, Physics, and the 300-year Journey to the Black-Scholes Equation

Basic Books

Livre numérique

  • Aide EAN13 : 9780465028153
    • Fichier EPUB, avec DRM Adobe
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Options have been traded for hundreds of years, but investment decisions were
based on gut feelings until the Nobel Prize -- winning discovery of the Black-
Scholes options pricing model in 1973 ushered in the era of the "quants." Wall
Street would never be the same.

In Pricing the Future, financial economist George G. Szpiro tells the
fascinating stories of the pioneers of mathematical finance who conducted the
search for the elusive options pricing formula. From the broker's assistant
who published the first mathematical explanation of financial markets to
Albert Einstein and other scientists who looked for a way to explain the
movement of atoms and molecules, Pricing the Future retraces the historical
and intellectual developments that ultimately led to the widespread use of
mathematical models to drive investment strategies on Wall Street.
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