Overview
- Provides a compact introduction to common concepts of physics and finance
- Offers cross-disciplinary view which deepens understanding of underlying concepts
- Exhibits try-yourself MATLAB/Octave scripts which provide hands-on experience
- Includes end-of-chapter exercises which foster practical working knowledge
- Presents explicit derivations and worked examples in MATLAB which extend the readers’ “toolbox” of mathematical and computational methods
Part of the book series: Undergraduate Lecture Notes in Physics (ULNP)
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Table of contents (13 chapters)
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Front Matter
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Back Matter
Keywords
About this book
This book introduces physics students to concepts and methods of finance. Despite being perceived as quite distant from physics, finance shares a number of common methods and ideas, usually related to noise and uncertainties. Juxtaposing the key methods to applications in both physics and finance articulates both differences and common features, this gives students a deeper understanding of the underlying ideas. Moreover, they acquire a number of useful mathematical and computational tools, such as stochastic differential equations, path integrals, Monte-Carlo methods, and basic cryptology. Each chapter ends with a set of carefully designed exercises enabling readers to test their comprehension.
Authors and Affiliations
About the author
Volker Ziemann obtained his Ph.D. in accelerator physics from Dortmund University in 1990. After postdoctoral positions in Stanford at SLAC and in Geneva at CERN, where he worked on the design of the LHC, in 1995, he moved to Uppsala where he worked at the electron-cooler storage ring CELSIUS. In 2005, he moved to the physics department where he has since taught physics. He was responsible for several accelerator physics projects at CERN, DESY, and XFEL. In 2014, he received the Thuréus prize from the Royal Society of Sciences in Uppsala.
Bibliographic Information
Book Title: Physics and Finance
Authors: Volker Ziemann
Series Title: Undergraduate Lecture Notes in Physics
DOI: https://doi.org/10.1007/978-3-030-63643-2
Publisher: Springer Cham
eBook Packages: Physics and Astronomy, Physics and Astronomy (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-63642-5Published: 19 January 2021
Softcover ISBN: 978-3-030-63645-6Published: 19 January 2022
eBook ISBN: 978-3-030-63643-2Published: 18 January 2021
Series ISSN: 2192-4791
Series E-ISSN: 2192-4805
Edition Number: 1
Number of Pages: X, 286
Number of Illustrations: 22 b/w illustrations, 43 illustrations in colour
Topics: Theoretical, Mathematical and Computational Physics, Finance, general, Applications of Mathematics, Probability Theory and Stochastic Processes, Professional Computing, Capital Markets