{"product_id":"quantum-finance-path-integrals-and-hamiltonians-for-options-and-interest-rates-paperback-9780521714785","title":"Quantum Finance; Path Integrals and Hamiltonians for Options and Interest Rates (Paperback) 9780521714785","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eQuantum Finance\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003ePath Integrals and Hamiltonians for Options and Interest Rates\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book applies techniques from quantum mechanics and quantum field theory to financial physics.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eBelal E. Baaquie (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521714785, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 23 July 2007\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e336 pages, 5 tables\u003cbr\u003e24.3 x 16.8 x 1.8 cm, 0.544 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis book 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. The present book offers a formulation that is completely independent of that approach. As such many results emerge from the ideas developed by the author. 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.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eForeword\u003cbr\u003e Preface\u003cbr\u003e Acknowledgements\u003cbr\u003e 1. Synopsis\u003cbr\u003e Part I. Fundamental Concepts of Finance: 2. Introduction to finance\u003cbr\u003e 3. Derivative securities\u003cbr\u003e Part II. Systems with Finite Number of Degrees of Freedom: 4. Hamiltonians and stock options\u003cbr\u003e 5. Path integrals and stock options\u003cbr\u003e 6. Stochastic interest rates' Hamiltonians and path integrals\u003cbr\u003e Part III. Quantum Field Theory of Interest Rates Models: 7. Quantum field theory of forward interest rates\u003cbr\u003e 8. Empirical forward interest rates and field theory models\u003cbr\u003e 9. Field theory of Treasury Bonds' derivatives and hedging\u003cbr\u003e 10. Field theory Hamiltonian of forward interest rates\u003cbr\u003e 11. Conclusions\u003cbr\u003e Appendix A: mathematical background\u003cbr\u003e Brief glossary of financial terms\u003cbr\u003e Brief glossary of physics terms\u003cbr\u003e List of main symbols\u003cbr\u003e References\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Physics [\u003ca title=\"See our other books on Physics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Physics%20%5BPH%5D%22\"\u003ePH\u003c\/a\u003e], Mathematical modelling [\u003ca title=\"See our other books on Mathematical modelling\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Mathematical%20modelling%20%5BPBWH%5D%22\"\u003ePBWH\u003c\/a\u003e], Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46004085162264,"sku":"9780521714785","price":57.98,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521714785i_3932de93-d055-41c5-a018-2fafaf12e288.jpg?v=1691380340","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/quantum-finance-path-integrals-and-hamiltonians-for-options-and-interest-rates-paperback-9780521714785","provider":"Freshly Printed Books","version":"1.0","type":"link"}