[PDF.53rp] Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
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Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
George G. Szpiro
[PDF.nq17] Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation
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| #524435 in Books | 2011-11-29 | Original language:English | PDF # 1 | 9.63 x1.00 x6.50l,1.20 | File type: PDF | 320 pages||2 of 2 people found the following review helpful.| Playing with Fire|By William Meyers|Pricing the Future has its merits. It brings to light much financial history and reminds us that many things we now take for granted were obscure in 1900 or even 1970. The problem is the author does exactly what he pans in 19th century economic theory: he avoids the math. You can't really understand this stuff without the math. If he had assu||Robert P. Inman, Richard K. Mellon Professor of Finance and Economics, The Wharton School of the University of Pennsylvania| One of the major intellectual achievements of the 20th century was the theory of option pricing. This is its story, and i
Options have been traded for hundreds of years, but investment decisions were based on gut feelings until the Nobel Prizewinning discovery of the Black-Scholes options pricing model in 1973 ushered in the era of the quants.” Wall Street would never be the same.
In Pricing the Future, financial economist George G. Szpiro tells the fascinating stories of the pioneers of mathematical finance who conducted the search for the elusive options pricing f...
You easily download any file type for your device.Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation | George G. Szpiro. Which are the reasons I like to read books. Great story by a great author.
