Overview
This collection of essays written by leading experts in the field of finance mathematics is based on lectures held on 1st February 2005 at the French Academy of Science
Includes supplementary material: sn.pub/extras
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Table of contents (7 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Considering the stupendous gain in importance, in the banking and insurance industries since the early 1990’s, of mathematical methodology, especially probabilistic methodology, it was a very natural idea for the French "Académie des Sciences" to propose a series of public lectures, accessible to an educated audience, to promote a wider understanding for some of the fundamental ideas, techniques and new tools of the financial industries.
These lectures were given at the "Académie des Sciences" in Paris by internationally renowned experts in mathematical finance, and later written up for this volume which develops, in simple yet rigorous terms, some challenging topics such as risk measures, the notion of arbitrage, dynamic models involving fundamental stochastic processes like Brownian motion and Lévy processes.
The Ariadne’s thread leads the reader from Louis Bachelier’s thesis 1900 to the famous Black-Scholes formula of 1973 and to most recent work close to Malliavin’s stochastic calculus of variations. The book also features a description of the trainings of French financial analysts which will help them to become experts in these fast evolving mathematical techniques.
Editors and Affiliations
Bibliographic Information
Book Title: Aspects of Mathematical Finance
Editors: Marc Yor
DOI: https://doi.org/10.1007/978-3-540-75265-3
Publisher: Springer Berlin, Heidelberg
eBook Packages: Mathematics and Statistics, Mathematics and Statistics (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2008
Hardcover ISBN: 978-3-540-75258-5Published: 25 February 2008
Softcover ISBN: 978-3-642-09452-1Published: 19 October 2010
eBook ISBN: 978-3-540-75265-3Published: 13 February 2008
Edition Number: 1
Number of Pages: VIII, 80
Additional Information: Orignial French edition published by Lavoisier, Paris 2006
Topics: Quantitative Finance, Public Economics