Financial Markets and Martingales
Observations on Science and Speculation
Buch in deiner Nähe kaufen
Beschreibung
Is it really possible to make money on the financial markets? This is just one of the questions posed in this practical and thought-provoking book, winner in the original french version, of the "Best financial economics book” prize 1999 from the Institute de Haute Finance, and the "Prix FNAC-Arthur Anderson du meilleur livre d’entreprise 2000”. Starting with games of chance, from which probability theory was born, Nicolas Bouleau explains how the financial markets operate, and demonstrates how the application of mathematics has turned finance into a high-tech business, as well as a formidable and efficient tool. The human side of finance is also considered, with a look at the influence of the trader and the working relationships that are woven into the market rooms. Concise and accessible, with no previous knowledge of finance or mathematics required, the aim of this book is simply to articulate the main ideas and put them into perspective, leading readers to a fresh understanding of this complex area.
An english translation of the prize-winning french book "Martingales et Marchés Financiers"
An explorative and practical introduction to the new economic situation; it leads readers to a fresh understanding of how the financial markets operate
No previous knowledge of finance, economics or mathematics is required
Is it really possible to make money on the financial markets? This is just one of the questions posed in this practical and thought-provoking book, winner, in the original French version, of the "Best financial economics book” prize 1999 from the Institute de Haute Finance, and the "Prix FNAC-Arthur Anderson du meilleur livre d’entreprise 2000”. Starting with games of chance, from which probability theory was born, Nicolas Bouleau explains how the financial markets operate, and demonstrates how the application of mathematics has turned finance into a high-tech business, as well as a formidable and efficient tool. The human side of finance is also considered, with a look at the influence of the trader and the working relationships that are woven into the market rooms. Concise and accessible, with no previous knowledge of finance or mathematics required, the aim of this book is simply to articulate the main ideas and put them into perspective, leading readers to a fresh understanding of this complex area.
Autor*in
A. Thomas
Themen in »Financial Markets and Martingales«
Finance Hedging Probability theory mathematics production
Stimmen zu »Financial Markets and Martingales«
From the reviews:
"The book is written by a specialist in mathematics of financial markets who intentionally avoided technical details and made it accessible and interesting to general publics. It won the prize of the ‘Best financial economics book’ in 1999 and the ‘Prix FNAC-Arthur Anderson du meilleur livre d’enterpise 2000’. Concise and accessible … the aim of this book is simply to articulate the main ideas and put them into the perspective." (Serguei V. Solovev`ev, Zentralblatt MATH, Vol. 1049, 2004)
()