Interest Rates and Coupon Bonds in Quantum Finance

Language: English

Published by Cambridge University Press, 2009

0521889286 / 9780521889285

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - The economic crisis of 2008 has shown that the capital markets need new theoretical and mathematical concepts to describe and price financial instruments. Focusing on interest rates and coupon bonds, this book does not employ stochastic calculus - the bedrock of the present day mathematical finance - for any of the derivations. Instead, it analyzes interest rates and coupon bonds using quantum finance. The Heath-Jarrow-Morton and the Libor Market Model are generalized by realizing the forward and Libor interest rates as an imperfectly correlated quantum field. Theoretical models have been calibrated and tested using bond and interest rates market data. Building on the principles formulated in the author's previous book (Quantum Finance, Cambridge University Press, 2004) this ground-breaking book brings together a diverse collection of theoretical and mathematical interest rate models. It will interest physicists and mathematicians researching in finance, and professionals working in the finance industry.…

Seller Inventory # 9780521889285

Title
Interest Rates and Coupon Bonds in Quantum Finance
Author
Belal E. Baaquie
Publisher
Cambridge University Press
Publication year
2009
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0521889286
ISBN 13
9780521889285
Item weight
1,050 grams
Dimensions
250x175x32 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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