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Physics and Finance
Hardcover
Series: Undergraduate Lecture Notes in Physics
Investing & FinanceGeneral MathematicsPhysics
ISBN13: 9783030636425
Publisher: Springer Nature
Published: Jan 19 2021
Pages: 286
Weight: 1.31
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English
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.
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