Physics and Finance

Physics and Finance PDF Author: Volker Ziemann
Publisher: Springer Nature
ISBN: 3030636437
Category : Science
Languages : en
Pages : 292

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Book Description
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.

Physics and Finance

Physics and Finance PDF Author: Volker Ziemann
Publisher: Springer Nature
ISBN: 3030636437
Category : Science
Languages : en
Pages : 292

Get Book

Book Description
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.

The Physics of Finance

The Physics of Finance PDF Author: James Owen Weatherall
Publisher: Short Books
ISBN: 9781780721392
Category : Forecasting
Languages : en
Pages : 0

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Book Description
A book which reveals the people and ideas on the cusp of a new era in finance.

My Life as a Quant

My Life as a Quant PDF Author: Emanuel Derman
Publisher: John Wiley & Sons
ISBN: 0470192739
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
In My Life as a Quant, Emanuel Derman relives his exciting journey as one of the first high-energy particle physicists to migrate to Wall Street. Page by page, Derman details his adventures in this field—analyzing the incompatible personas of traders and quants, and discussing the dissimilar nature of knowledge in physics and finance. Throughout this tale, he also reflects on the appropriate way to apply the refined methods of physics to the hurly-burly world of markets.

The Physics of Wall Street

The Physics of Wall Street PDF Author: James Owen Weatherall
Publisher: Houghton Mifflin Harcourt
ISBN: 0547317271
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
A young scholar tells the story of the physicists and mathematicians who created the models that have become the basis of modern finance and argues that these models are the "solution" to--not the source of--our current economic woes.

Physics from Finance

Physics from Finance PDF Author: Jakob Schwichtenberg
Publisher: No-Nonsense Books
ISBN:
Category : Science
Languages : en
Pages : 195

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Book Description
Understanding modern physics doesn’t have to be confusing and hard What if there was an intuitive way to understand how nature fundamentally works? What if there was a book that allowed you to see the whole picture and not just tiny parts of it? Thoughts like this are the reason that Physics from Finance now exists. What will you learn from this book? Get to know all fundamental interactions —Grasp how we can describe electromagnetic interactions, weak interactions, strong interactions and gravity using the same key ideas.Learn how to describe modern physics mathematically — Understand the meaning and origin of the Einstein equation, Maxwell’s equations, and the Schrödinger equation.Develop an intuitive understanding of key concepts — Read how we can understand abstract ideas like Gauge Symmetry, Internal Spaces, Gauge Fields, Connections and Curvature using a simple toy model of the financial market.Get an understanding you can be proud of — Learn why fiber bundles and group theory provide a unified framework for all modern theories of physics. Physics from Finance is the most reader-friendly book on the geometry of modern physics ever written. Here’s why. First of all, it's is nothing like a formal university lecture. Instead, it’s like a casual conservation with a more experienced student. This also means that nothing is assumed to be “obvious” or “easy to see”.Each chapter, each section, and each page focusses solely on the goal to help you understand. Nothing is introduced without a thorough motivation and it is always clear where each formula comes from.The book contains no fluff since unnecessary content quickly leads to confusion. Instead, it ruthlessly focusses on the fundamentals and makes sure you’ll understand them in detail. The primary focus on the readers’ needs is also visible in dozens of small features that you won’t find in any other textbook In total, the book contains more than 100 illustrations that help you understand the most important concepts visually.Whenever a concept is used which was already introduced previously, there is a short sidenote that reminds you where it was first introduced and often recites the main points. In addition, helpful diagrams make sure you won’t get lost.

Physics of Finance

Physics of Finance PDF Author: Kirill Ilinski
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
One of the newest and most controversial approaches to financial pricing. In Physics of Finance the author applies the methods of theoretical physics to financial economics to develop an altogether original method for pricing financial assets that steps outside the equilibrium paradigm in finance. In Physics of Finance, basic assumptions underlying equilibrium pricing are re-examined, the risk factors hidden in the implications of equilibrium theory and the potential profit in unstable markets are discussed and gauge modelling is introduced.

The Statistical Mechanics of Financial Markets

The Statistical Mechanics of Financial Markets PDF Author: Johannes Voit
Publisher: Springer Science & Business Media
ISBN: 3662044234
Category : Science
Languages : en
Pages : 227

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Book Description
A careful examination of the interaction between physics and finance. It takes a look at the 100-year-long history of co-operation between the two fields and goes on to provide new research results on capital markets - taken from the field of statistical physics. The random walk model, well known in physics, is one good example of where the two disciplines meet. In the world of finance it is the basic model upon which the Black-Scholes theory of option pricing and hedging has been built. The underlying assumptions are discussed using empirical financial data and analogies to physical models such as fluid flows, turbulence, or superdiffusion. On this basis, new theories of derivative pricing and risk control can be formulated.

Stochastic Calculus and Differential Equations for Physics and Finance

Stochastic Calculus and Differential Equations for Physics and Finance PDF Author: Joseph L. McCauley
Publisher: Cambridge University Press
ISBN: 0521763401
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
Provides graduate students and practitioners in physics and economics with a better understanding of stochastic processes.

Quantum Trading

Quantum Trading PDF Author: Fabio Oreste
Publisher: John Wiley & Sons
ISBN: 1118093526
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
A cutting-edge guide to quantum trading Original and thought-provoking, Quantum Trading presents a compelling new way to look at technical analysis and will help you use the proven principles of modern physics to forecast financial markets. In it, author Fabio Oreste shows how both the theory of relativity and quantum physics is required to makes sense of price behavior and forecast intermediate and long-term tops and bottoms. He relates his work to that of legendary trader W.D. Gann and reveals how Gann's somewhat esoteric theories are consistent with his applications of Einstein's theory of relativity and quantum theory to price behavior. Applies concepts from modern science to financial market forecasting Shows how to generate support/resistance areas and identify potential market turning points Addresses how non-linear approaches to trading can be used to both understand and forecast market prices While no trading approach is perfect, the techniques found within these pages have enabled the author to achieve a very attractive annual return since 2002. See what his insights can do for you.

Mathematics, Physics and Finance for the Legal Profession

Mathematics, Physics and Finance for the Legal Profession PDF Author: Ashley S. Lipson
Publisher:
ISBN: 9781594609640
Category : Evidence, Expert
Languages : en
Pages : 0

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Book Description
As the first pedagogical casebook combining the subjects of Mathematics, Physics, Finance and Law, this treatise is predicated on the notion that lawyers are ill-prepared to face a world dominated by numbers and the many who know how to distort and misrepresent them. The title of the book can be deceiving, particularly because the book is designed to avoid the tedious topics and calculations which would typically fall under its headings. Moreover, the book is designed to take an important trio of crucial topics and spoon feed them to the people who need them the most but like them least -- law students. Many jokingly state that they became law students because they couldn't handle numbers. A rude awakening, however, soon confronts them in practice, where numbers are the primary focus of their careers. Nearly every chapter of this book provides information that all lawyers must possess; some of the information is indispensable. We live in a scientific world, a digital world -- one that is ruled by numbers, equations, formulas and statistics. The topics may seem complex, but the explanations are elementary and, at times, entertaining.