[PDF.66ws] Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
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Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
George G. Szpiro
[PDF.ou44] Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
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| #786215 in eBooks | 2011-11-29 | 2011-11-29 | File type: PDF||1 of 1 people found the following review helpful.| Vignettes from the prehistory of math finance|By David J. Aldous|300 years of precursors to the Black-Scholes option pricing formula are traced via accounts of the lives and works of a dozen or so major characters and another dozen minor characters. This is nowadays a common format for popular science writing (used e.g. for Bayes rule in The Theory That Would Not Die), and here||Andrew Lo, Harris & Harris Group Professor of Finance and Director of the Laboratory for Financial Engineering, Massachusetts Institute of Technology| "This is a fascinating historical account of the origins of modern finance and the Black-Scholes/Merto
Options have been traded for hundreds of years, but investment decisions were based on gut feelings until the Nobel Prizewinning 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 f...
You easily download any file type for your gadget.Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation | George G. Szpiro. I really enjoyed this book and have already told so many people about it!
