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OverviewThis book introduces physics students to concepts and methods of finance. Despite being perceived as quite distant from physics, finance shares a number of common methods and ideas, usually related to noise and uncertainties. Juxtaposing the key methods to applications in both physics and finance articulates both differences and common features, this gives students a deeper understanding of the underlying ideas. Moreover, they acquire a number of useful mathematical and computational tools, such as stochastic differential equations, path integrals, Monte-Carlo methods, and basic cryptology. Each chapter ends with a set of carefully designed exercises enabling readers to test their comprehension. Full Product DetailsAuthor: Volker ZiemannPublisher: Springer Nature Switzerland AG Imprint: Springer Nature Switzerland AG Edition: 1st ed. 2021 Weight: 0.456kg ISBN: 9783030636456ISBN 10: 3030636453 Pages: 286 Publication Date: 19 January 2022 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Manufactured on demand ![]() We will order this item for you from a manufactured on demand supplier. Table of ContentsChapter 1 - Introduction Chapter 2 - Concepts of finance Chapter 3 - Portfolio theory and CAPM Chapter 4 - Stochastic processes Chapter 5 - Black-Scholes differential equation Chapter 6 - The Greeks and risk management Chapter 7 - Regression models and hypothesis testing Chapter 8 - Time series Chapter 9 - Bubbles, crashes, fat tails and Levy-stable distributions Chapter 10 - Quantum finance and path integrals Chapter 11 - Optimal control theory.ReviewsAuthor InformationVolker Ziemann obtained his Ph.D. in accelerator physics from Dortmund University in 1990. After postdoctoral positions in Stanford at SLAC and in Geneva at CERN, where he worked on the design of the LHC, in 1995, he moved to Uppsala where he worked at the electron-cooler storage ring CELSIUS. In 2005, he moved to the physics department where he has since taught physics. He was responsible for several accelerator physics projects at CERN, DESY, and XFEL. In 2014, he received the Thuréus prize from the Royal Society of Sciences in Uppsala. Tab Content 6Author Website:Countries AvailableAll regions |