The economic crisis of 2008 has shown that the capital markets need new theoretical and mathematical concepts to describe and price financial instruments. This ground-breaking book will provide physicists and mathematicians researching in finance, and professionals working in the finance industry, with a completely different perspective on finance.
- $109.00 (Z)
- 2nd Edition
Risk control and derivative pricing are major concerns to financial institutions. The need for adequate statistical tools to measure and anticipate amplitude of potential moves of financial markets is clearly expressed, in particular for derivative markets. Classical theories, however, are based on assumptions leading to systematic (sometimes dramatic) underestimation of risks. Theory of Financial Risk and Derivative Pricing summarises developments, some inspired by statistical physics, using which one can take into account more faithfully the real behaviour of financial markets for asset allocation, derivative pricing and hedging, and risk control.
- $66.00 (Z)
a multi-disciplinary 2007 book on network theory for graduate students and researchers in sociology and econophysics.
- $106.00 (C)
- 2nd Edition
This is the substantially revised and restructured second edition of Ron Shone's successful textbook Economic Dynamics presenting dynamics and phase diagrams for advanced undergraduate and graduate courses in economic theory and quantitative economics. The new edition offers an improved, integrated treatment of dynamics with many more exercises and examples and a more comprehensive range of applications to economic theory. The emphasis on learning by doing is supported by a companion website offering solutions manual and learning tools for teachers, students and researchers.
- $90.00 (Z)
An examples driven treatment of introductory economic dynamics for students with a basic familiarity of spreadsheets. Shone approaches the subject with the belief that true understanding of a subject can only be achieved by students themselves setting out a problem and manipulating it experimentally. Although all economics students now have access to spreadsheets, they are often used for little more than graphing economic data. This book encourages students to go several stages further and set up and investigate simple dyamic models. Includes web-site for students and lecturers.
- $60.00 (Z)