George G. Szpiro

Pricing the Future

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ISBN 13:
9780465022489
author:
George G. Szpiro
format:
HardBack
publisher:
Basic Books
language:
English
Publication Year:
2012
Pages:
336
Dimensions:
23.6 x 16.3 x 3 cm
Genre:
Finance Textbook
Condition:
New
Availability:
Item usually sent within 5 working days
£36.96

Description

Pricing the Future tells the fascinating story of how mathematical finance transformed Wall Street. From the early attempts to explain financial markets using mathematics to the breakthroughs that led to the widespread use of options pricing models, this book retraces the historical and intellectual developments that shaped the industry.

The journey began with pioneers like a broker's assistant who published the first mathematical explanation of financial markets, and continued with scientists like Albert Einstein seeking a way to explain the movement of atoms and molecules. Through their work, George G. Szpiro reveals how these discoveries ultimately led to the use of mathematical models in investment strategies.

This book is a compelling account of the development of options pricing and its impact on finance. It provides valuable insights into the history and intellectual developments that underpin modern financial markets.

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