Quantum Finance: Path Integrals and Hamiltonians for Options and Interest Rates
Book Details
Author(s)Belal E. Baaquie
PublisherCambridge University Press
ISBN / ASIN0521714788
ISBN-139780521714785
AvailabilityUsually ships in 24 hours
Sales Rank1,392,884
MarketplaceUnited States 🇺🇸
Description
Financial mathematics is currently almost completely dominated by stochastic calculus. Presenting a completely independent approach, this book applies the mathematical and conceptual formalism of quantum mechanics and quantum field theory (with particular emphasis on the path integral) to the theory of options and to the modeling of interest rates. Many new results, accordingly, emerge from the author's perspective.


