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Quantum Finance

Quantum Finance

Paperback

Business GeneralInvesting & FinancePhysics

ISBN10: 0521714788
ISBN13: 9780521714785
Publisher: Cambridge University Press
Published: Jul 23 2007
Pages: 336
Weight: 1.18
Height: 0.70 Width: 6.69 Depth: 9.61
Language: English
Financial mathematics is currently almost completely dominated by stochastic calculus. Presenting a completely independent approach, this book applies the mathematical and conceptual formalism of quantum mechanics and quantum field theory (with particular emphasis on the path integral) to the theory of options and to the modeling of interest rates. Many new results, accordingly, emerge from the author's perspective.

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