Financial Calculus

Financial Calculus PDF Author: Martin Baxter
Publisher: Cambridge University Press
ISBN: 1139643274
Category : Mathematics
Languages : en
Pages : 252

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Book Description
The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. Starting from discrete-time hedging on binary trees, continuous-time stock models (including Black-Scholes) are developed. Practicalities are stressed, including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. A full glossary of probabilistic and financial terms is provided. This unique book will be an essential purchase for market practitioners, quantitative analysts, and derivatives traders.

Financial Calculus

Financial Calculus PDF Author: Martin Baxter
Publisher: Cambridge University Press
ISBN: 1139643274
Category : Mathematics
Languages : en
Pages : 252

Get Book Here

Book Description
The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. Starting from discrete-time hedging on binary trees, continuous-time stock models (including Black-Scholes) are developed. Practicalities are stressed, including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. A full glossary of probabilistic and financial terms is provided. This unique book will be an essential purchase for market practitioners, quantitative analysts, and derivatives traders.

STORIOGRAFIA SCIENTIFICA VOLUME VI (Italiano/inglese) parte II

STORIOGRAFIA SCIENTIFICA VOLUME VI (Italiano/inglese) parte II PDF Author: MARIO CAMERIN
Publisher: Lulu.com
ISBN: 1291761586
Category : Science
Languages : en
Pages : 93

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Book Description
Sintesi assiomatica delle leggi fisiche e convenzioni simboliche, argomentate per pagina. PARTE SECONDA.

The Beauty of Fractals

The Beauty of Fractals PDF Author: Heinz-Otto Peitgen
Publisher: Springer Science & Business Media
ISBN: 9783540158516
Category : Computers
Languages : en
Pages : 226

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Book Description
Now approaching its tenth year, this hugely successful book presents an unusual attempt to publicise the field of Complex Dynamics. The text was originally conceived as a supplemented catalogue to the exhibition "Frontiers of Chaos", seen in Europe and the United States, and describes the context and meaning of these fascinating images. A total of 184 illustrations - including 88 full-colour pictures of Julia sets - are suggestive of a coffee-table book. However, the invited contributions which round off the book lend the text the required formality. Benoit Mandelbrot gives a very personal account, in his idiosyncratic self-centred style, of his discovery of the fractals named after him and Adrien Douady explains the solved and unsolved problems relating to this amusingly complex set.

Bollettino della Unione matematica italiana

Bollettino della Unione matematica italiana PDF Author: Unione matematica italiana
Publisher:
ISBN:
Category : Mathematics
Languages : it
Pages : 802

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Book Description


AAD Algorithms-Aided Design. Parametric Strategies Using Grasshopper

AAD Algorithms-Aided Design. Parametric Strategies Using Grasshopper PDF Author: Arturo Tedeschi
Publisher:
ISBN: 9788895315300
Category : Architecture
Languages : en
Pages : 496

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Book Description


Software & hardware

Software & hardware PDF Author: Roberto Lesina
Publisher:
ISBN:
Category : Business & Economics
Languages : it
Pages : 424

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Book Description


Bibliography of Map Projections

Bibliography of Map Projections PDF Author: Geological Survey (U.S.)
Publisher:
ISBN:
Category : Map projection
Languages : en
Pages : 128

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Book Description


Industrial Design and Artistic Expression

Industrial Design and Artistic Expression PDF Author: Barbara Pasa
Publisher: BRILL
ISBN: 9004430318
Category : Art
Languages : en
Pages : 143

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Book Description
The copyright/design interface for a wider, non-specialist audience, taking as a starting point the notion of industrial design derived from design studies, on the border between art and science.

Bollettino Di Storia Delle Scienze Matematiche

Bollettino Di Storia Delle Scienze Matematiche PDF Author:
Publisher:
ISBN:
Category : Mathematics
Languages : it
Pages : 368

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Book Description


The Sustainability of Agro-Food and Natural Resource Systems in the Mediterranean Basin

The Sustainability of Agro-Food and Natural Resource Systems in the Mediterranean Basin PDF Author: Antonella Vastola
Publisher: Springer
ISBN: 3319163574
Category : Technology & Engineering
Languages : en
Pages : 412

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Book Description
This book is focused on the challenges to implement sustainability in diverse contexts such as agribusiness, natural resource systems and new technologies. The experiences made by the researchers of the School of Agricultural, Forestry, Food and Environmental Science (SAFE) of the University of Basilicata offer a wide and multidisciplinary approach to the identification and testing of different solutions tailored to the economic, social and environmental characteristics of the region and the surrounding areas. Basilicata’s productive system is mainly based on activities related to the agricultural sector and exploitation of natural resources but it has seen, in recent years, an industrial development driven by the discovery of oil fields. SAFE research took up the challenge posed by market competition to create value through the sustainable use of renewable and non-renewable resources of the territory. Moreover, due to its unique geographical position in the middle of the Mediterranean basin, Basilicata is an excellent “open sky” laboratory for testing sustainable solutions adaptable to other Mediterranean areas. This collection of multidisciplinary case studies and research experiences from SAFE researchers and their scientific partners is a stimulating contribution to the debate on the development of sustainable techniques, methods and applications for the Mediterranean regions.