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Book Cover
Author Baaquie, B. E.

Title Quantum finance : path integrals and Hamiltonians for options and interest rates / Belal E. Baaquie
Published Cambridge, U.K. ; New York : Cambridge University Press, [2004]


Location Call no. Vol. Availability
 MELB  332.632283 Baa/Qfp  AVAILABLE
Description xv, 316 pages : illustrations ; 26 cm
Contents 1. Synopsis -- 2. Introduction to finance -- 3. Derivative securities -- 4. Hamiltonians and stock options -- 5. Path integrals and stock options -- 6. Stochastic interest rates' Hamiltonians and path integrals -- 7. Quantum field theory of forward interest rates -- 8. Empirical forward interest rates and field theory models -- 9. Field theory of treasury bonds' derivatives and hedging -- 10. Field theory Hamiltonian of forward interest rates -- 11. Conclusions -- A. Mathematical background -- Brief glossary of financial terms -- Brief glossary of physics terms
Summary "This work will be of interest to physicists and mathematicians working in the field of finance, to quantitative analysts in banks and finance firms, and to practitioners in the field of fixed income securities and foreign exchange. The book can also be used as a graduate text for courses in financial physics and financial mathematics."--BOOK JACKET
Applies the mathematics and concepts of quantum mechanics and quantum field theory to the modelling of interest rates and the theory of options. Particular emphasis is placed on path integrals and Hamiltonians. Financial mathematics is dominated by stochastic calculus
Analysis Finance
Notes Originally published: 2004
Bibliography Includes bibliographical references (pages 310-314) and index
Subject Stock options -- Mathematical models.
Interest rates -- Mathematical models.
Author MyiLibrary.
LC no. 2004045816
ISBN 0521840457