Financial mathematics is currently almost completely dominated by stochastic calculus. Presenting a completely independent approach, this book applies the mathematical and conceptual formalism of quantum mechanics and quantum field theory (with particular emphasis on the path integral) to the theory of options and to the modeling of interest rates. Many new results, accordingly, emerge from the author's perspective.
Financial mathematics is currently almost completely dominated by stochastic calculus. Presenting a completely independent approach, this book applies...
Why is rubber elastic? Why are leaves green? Why can a gecko climb a wall? Answering these and a myriad of other puzzles of nature, Exploring Integrated Science shows how the simplest questions that arise from our daily experiences can lead us through a chain of reasoning that explains some of the most fascinating principles of science.
Written in a non-technical, entertaining style to engage those without a science background while maintaining the academic rigor required by more advanced readers, the book follows a unique format that enhances the learning process. Each...
Why is rubber elastic? Why are leaves green? Why can a gecko climb a wall? Answering these and a myriad of other puzzles of nature, Exploring ...
The Theoretical Foundations of Quantum Mechanics addresses fundamental issues that are not discussed in most books on quantum mechanics. This book focuses on analyzing the underlying principles of quantum mechanics and explaining the conceptual and theoretical underpinning of quantum mechanics. In particular, the concepts of quantum indeterminacy, quantum measurement and quantum superposition are analyzed to clarify the concepts that are implicit in the formulation of quantum mechanics. The Schrodinger equation is never solved in the book. Rather, the discussion on the...
The Theoretical Foundations of Quantum Mechanics addresses fundamental issues that are not discussed in most books on quantum mechanics. Thi...
'Kenneth Wilson was a brilliant and creative contributor to the work on renormalization groups and phase transitions. He applied his multifaceted genius to condensed matter physics as well as nuclear and elementary particle physics.'by Murray Gell-MannThe purpose of bringing out this volume is to commemorate the memory of Ken Wilson and to preserve the legacy of his ground-breaking advances. This volume brings together a collection of articles written by colleagues of Ken Wilson as well as fellow physicists and scholars — some of who knew him personally and others who are knowledgeable...
'Kenneth Wilson was a brilliant and creative contributor to the work on renormalization groups and phase transitions. He applied his multifaceted geni...
'Kenneth Wilson was a brilliant and creative contributor to the work on renormalization groups and phase transitions. He applied his multifaceted genius to condensed matter physics as well as nuclear and elementary particle physics.'by Murray Gell-MannThe purpose of bringing out this volume is to commemorate the memory of Ken Wilson and to preserve the legacy of his ground-breaking advances. This volume brings together a collection of articles written by colleagues of Ken Wilson as well as fellow physicists and scholars — some of who knew him personally and others who are knowledgeable...
'Kenneth Wilson was a brilliant and creative contributor to the work on renormalization groups and phase transitions. He applied his multifaceted geni...
Why? Why is the world, the Universe the way it is? Is space infinitely large? How small is small? What happens when one continues to divide matter into ever smaller pieces? Indeed, what is matter? Is there anything else besides what can be seen? Pursuing the questions employing the leading notions of physics, one soon finds that the tangible and visible world dissolves — rather unexpectedly — into invisible things and domains that are beyond direct perception. A remarkable feature of our Universe is that most of its constituents turn out to be invisible, and this fact is brought...
Why? Why is the world, the Universe the way it is? Is space infinitely large? How small is small? What happens when one continues to divide matter int...
