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Table of contents (27 chapters)
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Front Matter
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Vinzenz Bronzin — Personal Life and work
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Stefan Zweig: A Representative Voice of the Time
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How I Discovered Bronzin’s Book
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Theorie der Prämiengeschäfte
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Front Matter
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Theory of Premium Contracts
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Front Matter
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Background and Appraisal of Bronzin’s Work
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Front Matter
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Cultural and Socio-Historical Background
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Front Matter
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About this book
In 1908, Vinzenz Bronzin, a professor of mathematics at the Accademia di Commercio e Nautica in Trieste, published a booklet in German entitled Theorie der Prämiengeschäfte (Theory of Premium Contracts) which is an old type of option contract. Almost like Bachelier’s now famous dissertation (1900), the work seems to have been forgotten shortly after it was published. However, almost every element of modern option pricing can be found in Bronzin’s book. He derives option prices for an illustrative set of distributions, including the Normal. - This volume includes a reprint of the original German text, a translation, as well as an appreciation of Bronzin's work from various perspectives (economics, history of finance, sociology, economic history) including some details about the professional life and circumstances of the author. The book brings Bronzin's early work to light again and adds an almost forgotten piece of research to the theory of option pricing.
Reviews
From the reviews:
“The volume offers contribution to the scientific, historical and socio-economic background of Bronzin’s work, as well as papers covering the history of derivative markets and option pricing. … The present book demonstrates that Bronzin’s treatise should be numbered among them. Because of this and due to including the additional chapters representing original contributions, the book can be recommended as particularly relevant for those interested in the history of option pricing and hedging.” (Ryszard Doman, Zentralblatt MATH, Vol. 1184, 2010)Editors and Affiliations
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Windisch, Switzerland
Wolfgang Hafner
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WWZ Abteilung Finanzmarkttheorie, Basel, Switzerland
Heinz Zimmermann
Bibliographic Information
Book Title: Vinzenz Bronzin's Option Pricing Models
Book Subtitle: Exposition and Appraisal
Editors: Wolfgang Hafner, Heinz Zimmermann
DOI: https://doi.org/10.1007/978-3-540-85711-2
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2009
Hardcover ISBN: 978-3-540-85710-5Published: 13 July 2009
Softcover ISBN: 978-3-642-44593-4Published: 25 June 2014
eBook ISBN: 978-3-540-85711-2Published: 18 November 2009
Edition Number: 1
Number of Pages: VIII, 562
Topics: Finance, general, History of Economic Thought/Methodology, History, general