Mathematical Models in Finance compiles papers presented at the Royal Society of London discussion meeting. Topics range from the foundations of classical theory to sophisticated, up-to-date mathematical modeling and analysis. In the wake of the increased level of mathematical awareness in the financial research community, attention has focused on fundamental issues of market modelling that are not adequately allowed for in the standard analyses. Examples include market anomalies and nonlinear coupling effects, and demand new synthesis of mathematical and numerical techniques. This line of inquiry is further stimulated by ever tightening profits due to increased competition. Several papers in this volume offer pointers to future developments in this area.Today much of the applied financial research on the use of mathematical models takes place within financial institutions. ... In these directions, the practitioner, the general scientist and the mathematical finance specialist will happily find theiranbsp;...
|Title||:||Mathematical Models in Finance|
|Author||:||S.D. Howison, F.P. Kelly, P. Wilmott|
|Publisher||:||CRC Press - 1995-05-15|