Considering the stupendous gain in importance, in the banking and insurance industries since the early 1990’s, of mathematical methodology, especially probabilistic methodology, it was a very natural idea for the French ‘Académie desSciences’ to propose a series of public lectures, accessible to an educated audience, to promote a wider understanding for some of the fundamental ideas, techniques and new tools of the financial industries. These lectures were givenat the ‘Académie des Sciences’ in Paris by internationally renowned experts in mathematical finance, and later written up for this volume which develops, in simple yet rigorous terms, some challenging topics such as risk measures, the notion of arbitrage, dynamic models involving fundamental stochastic processes like Brownian motion and Lévy processes. This collection of essays written by leading experts in the field of finance mathematics is based on lectures held on 1st February 2005 at the French Academy of Science INDICE: Introduction: Some Aspects of Mathematical Finance. Financial Uncertainty, Risk Measures and Strong Preferences. The Notion of Arbitrage and Free Lunch in Mathematical Finance. Dynamic Financial Risk Management. StochasticClock and Financial Markets. Options and Partial Differential Equations. Mathematics and Finance.
- ISBN: 978-3-540-75258-5
- Editorial: Springer
- Encuadernacion: Cartoné
- Páginas: 110
- Fecha Publicación: 01/02/2008
- Nº Volúmenes: 1
- Idioma: Inglés