Mathematical Finance: Theories and Tools
Gebundenes Buch

Mathematical Finance: Theories and Tools

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Mathematical finance refers to a branch of applied mathematics concerned with the application of mathematics and mathematical modeling for solving financial problems and modeling financial markets. It is also known as quantitative finance and financial mathematics. The field combines tools from probability, statistics and stochastic processes with economic theory. There are various applications of mathematical finance, including risk management, data mining, stock trading, econometrics, forecasting, inventory management, marketing, and investing strategies. Risk management is one of the major ...