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Quantum finance: path integrals and hamiltonians for options and interest rates

By: Baaquie, Belal E.
Material type: materialTypeLabelBookPublisher: New York Cambridge University Press 2004Description: xv, 316p. With index.ISBN: 9780521714785.Subject(s): Mathematics | Finance | Physics | Stock options - Mathematical models | Interest rates - Mathematical modelsDDC classification: 332.63228 Summary: This book applies the mathematics and concepts of quantum mechanics and quantum field theory to the modelling of interest rates and the theory of options. Particular emphasis is placed on path integrals and Hamiltonians. Financial mathematics is dominated by stochastic calculus. The present book offers a formulation that is completely independent of that approach. As such many results emerge from the ideas developed by the author. This work will be of interest to physicists and mathematicians working in the field of finance, to quantitative analysts in banks and finance firms and to practitioners in the field of fixed income securities and foreign exchange. The book can also be used as a graduate text for courses in financial physics and financial mathematics. https://www.cambridge.org/core/books/quantum-finance/6F529AD06F1D6D8780EC46FCEC0627E7#fndtn-information
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Slot 703 (0 Floor, West Wing) Non-fiction 332.63228 B2Q8 (Browse shelf) Checked out 27/07/2019 198936

This book applies the mathematics and concepts of quantum mechanics and quantum field theory to the modelling of interest rates and the theory of options. Particular emphasis is placed on path integrals and Hamiltonians. Financial mathematics is dominated by stochastic calculus. The present book offers a formulation that is completely independent of that approach. As such many results emerge from the ideas developed by the author. This work will be of interest to physicists and mathematicians working in the field of finance, to quantitative analysts in banks and finance firms and to practitioners in the field of fixed income securities and foreign exchange. The book can also be used as a graduate text for courses in financial physics and financial mathematics.

https://www.cambridge.org/core/books/quantum-finance/6F529AD06F1D6D8780EC46FCEC0627E7#fndtn-information

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