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

Pricing the Future:Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
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作者:
出版社: Basic Books
2011-11
ISBN: 9780465022489
定价: 199.30
装帧: 精装
开本: 其他
纸张: 其他
页数: 298页
正文语种: 英语
1人买过
  • Optionshavebeentradedforhundredsofyears,butinvestmentdecisionswerebasedongutfeelingsuntiltheNobelPrizewinningdiscoveryoftheBlackScholesoptionspricingmodelin1973usheredintheeraofthe"quants."WallStreetwouldneverbethesame.InPricingtheFuture,financialeconomistGeorgeG.Szpirotellsthefascinatingstoriesofthepioneersofmathematicalfinancewhoconductedthesearchfortheelusiveoptionspricingformula.Fromthebroker'sassistantwhopublishedthefirstmathematicalexplanationoffinancialmarketstoAlbertEinsteinandotherscientistswholookedforawaytoexplainthemovementofatomsandmolecules,PricingtheFutureretracesthehistoricalandintellectualdevelopmentsthatultimatelyledtothewidespreaduseofmathematicalmodelstodriveinvestmentstrategiesonWallStreet. George G. Szpiro is a mathematician, financial economist, and journalist. He is the Israel correspondent of the Swiss daily Neue Zürcher Zeitung and has published in Science, Nature, and the Jerusalem Report. He is the author of Kepler’s Conjecture, The Secret Life of Numbers, Poincaré’s Prize, and Numbers Rule. He lives in Switzerland.
  • 内容简介:
    Optionshavebeentradedforhundredsofyears,butinvestmentdecisionswerebasedongutfeelingsuntiltheNobelPrizewinningdiscoveryoftheBlackScholesoptionspricingmodelin1973usheredintheeraofthe"quants."WallStreetwouldneverbethesame.InPricingtheFuture,financialeconomistGeorgeG.Szpirotellsthefascinatingstoriesofthepioneersofmathematicalfinancewhoconductedthesearchfortheelusiveoptionspricingformula.Fromthebroker'sassistantwhopublishedthefirstmathematicalexplanationoffinancialmarketstoAlbertEinsteinandotherscientistswholookedforawaytoexplainthemovementofatomsandmolecules,PricingtheFutureretracesthehistoricalandintellectualdevelopmentsthatultimatelyledtothewidespreaduseofmathematicalmodelstodriveinvestmentstrategiesonWallStreet.
  • 作者简介:
    George G. Szpiro is a mathematician, financial economist, and journalist. He is the Israel correspondent of the Swiss daily Neue Zürcher Zeitung and has published in Science, Nature, and the Jerusalem Report. He is the author of Kepler’s Conjecture, The Secret Life of Numbers, Poincaré’s Prize, and Numbers Rule. He lives in Switzerland.
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