Einführung in Die Stochastik Der Finanzmärkte
ISBN: 9783642033001 / Niemiecki / Miękka / 697 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Derivative Finanzvertrage sind Teil vieler Finanzierungs- und Investitionsangebote. Neben Forward, Futures sowie Call- und Put-Optionen konnen sie auch sogenannte exotische Optionen beinhalten. Die Analyse der Vertragseigenschaften und der unterschiedlichen Optionen ist einer der Schwerpunkte des Lehrbuchs. Der Autor fuhrt schrittweise in die Grundlagen der Modellierung von Finanzmarktrisiken ein und stellt die Anwendung des Finanzmarktmodells fur die Bewertung komplexer Finanzstrome dar. Die 3. Auflage wurde erweitert und komplett neu uberarbeitet. "Derivative Finanzvertrage sind Teil vieler Finanzierungs- und Investitionsangebote. Neben Forward, Futures sowie Call- und Put-Optionen konnen sie ... |
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cena:
199,97 zł |
The Unfinished Game: Pascal, Fermat, and the Seventeenth-Century Letter That Made the World Modern
ISBN: 9780465018963 / Angielski / Miękka / 208 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. In the early seventeenth century, the outcome of something as simple as a dice roll was consigned to the realm of unknowable chance. Mathematicians largely agreed that it was impossible to predict the probability of an occurrence. Then, in 1654, Blaise Pascal wrote to Pierre de Fermat explaining that he had discovered how to calculate risk. The two collaborated to develop what is now known as probability theory--a concept that allows us to think rationally about decisions and events.
In The Unfinished Game, Keith Devlin masterfully chronicles Pascal and Fermat's mathematical... In the early seventeenth century, the outcome of something as simple as a dice roll was consigned to the realm of unknowable chance. Mathematicians la...
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126,78 zł |
Mathematical Optimization and Economic Analysis
ISBN: 9780387895512 / Angielski / Twarda / 294 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. "Mathematical Optimization and Economic Analysis" is a self-contained introduction to various optimization techniques used in economic modeling and analysis such as geometric, linear, and convex programming and data envelopment analysis. Through a systematic approach, this book demonstrates the usefulness of these mathematical tools in quantitative and qualitative economic analysis. The book presents specific examples to demonstrate each technique's advantages and applicability as well as numerous applications of these techniques to industrial economics, regulatory economics, trade... "Mathematical Optimization and Economic Analysis" is a self-contained introduction to various optimization techniques used in economic modeling and... |
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505,83 zł |
Advances in Behavioral Economics: Essays in Honor of Horst Todt
ISBN: 9783790813586 / Angielski / Miękka / 234 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This volume is dedicated to Horst Todt who celebrated his seventieth an niversaryon March 14, 2000. All the contributors know Horst Todt personally and (with the exception of two younger co-authors) have accompanied his scientific career for sev eral years, some as his assistants, some as his colleagues at the Frankfurt or Hamburg University, some as fellow members in scientific societies. All who know him acknowledge inspiring conversations on a broad field of issues often reaching far beyond the scope of economics. Being friendly and entertaining and without exaggerated personal ambition he...
This volume is dedicated to Horst Todt who celebrated his seventieth an niversaryon March 14, 2000. All the contributors know Horst Todt personally an...
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194,52 zł |
Kelly Capital Growth Investment Criterion, The: Theory and Practice
ISBN: 9789814293495 / Angielski / Twarda / 884 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run wealth and minimizes the expected time to arbitrary large goals. In general, the strategy is risky in the short term but as the number of bets increase, the Kelly bettor's wealth tends to be much larger than those with...
This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to max...
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1410,47 zł |
Advances in Mathematical Economics Volume 9
ISBN: 9784431343417 / Angielski / Twarda / 130 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. A lot of economic problems can formulated as constrained optimizations and equilibration of their solutions. Various mathematical theories have been supplying economists with indispensable machineries for these problems arising in economic theory. Conversely, mathematicians have been stimulated by various mathematical difficulties raised by economic theories. The series is designed to bring together those mathematicians who were seriously interested in getting new challenging stimuli from economic theories with those economists who are seeking for effective mathematical tools for their... A lot of economic problems can formulated as constrained optimizations and equilibration of their solutions. Various mathematical theories have bee... |
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389,09 zł |
Linear Programming: Mathematics, Theory and Algorithms
ISBN: 9780792337829 / Angielski / Twarda / 498 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Linear Programming provides an in-depth look at simplex based as well as the more recent interior point techniques for solving linear programming problems. Starting with a review of the mathematical underpinnings of these approaches, the text provides details of the primal and dual simplex methods with the primal-dual, composite, and steepest edge simplex algorithms. This then is followed by a discussion of interior point techniques, including projective and affine potential reduction, primal and dual affine scaling, and path following algorithms. Also covered is the theory and...
Linear Programming provides an in-depth look at simplex based as well as the more recent interior point techniques for solving linear program...
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cena:
778,22 zł |
Esercizi Di Finanza Matematica
ISBN: 9788847006102 / Miękka / 187 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Questa e una raccolta di esercizi che illustra alcuni aspetti fondamentali della Finanza Matematica, in particolare della valutazione dei derivati. E rivolta a studenti dei corsi di Laurea Magistrale, ma puo essere utilizzata con successo anche nei corsi di Laurea del primo livello, da studenti che abbiano una adeguata formazione di tipo matematico (Corsi di Laurea in Matematica, Ingegneria). La risoluzione degli esercizi viene affrontata con l utilizzo di metodi propri sia della Teoria della Probabilita (processi stocastici) che dell Analisi Matematica (Equazioni alle Derivate... Questa e una raccolta di esercizi che illustra alcuni aspetti fondamentali della Finanza Matematica, in particolare della valutazione dei derivati.... |
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cena:
116,60 zł |
Physics, Nature and Society: A Guide to Order and Complexity in Our World
ISBN: 9783319020235 / Angielski / Twarda / 204 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This wide-ranging and accessible book serves as a fascinating guide to the strategies and concepts that help us understand the boundaries between physics, on the one hand, and sociology, economics, and biology on the other. From cooperation and criticality to flock dynamics and fractals, the author addresses many of the topics belonging to the broad theme of complexity. He chooses excellent examples (requiring no prior mathematical knowledge) to illuminate these ideas and their implications. The lively style and clear description of the relevant models will appeal both to novices and those... This wide-ranging and accessible book serves as a fascinating guide to the strategies and concepts that help us understand the boundaries between p... |
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155,61 zł |
Real Options Valuation: The Importance of Interest Rate Modelling in Theory and Practice
ISBN: 9783642126611 / Angielski / Twarda / 389 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This book, updated to cover the financial crisis 2008, analyzes real options valuation for non-constant versus constant interest rates using simulations and historical backtesting. The major change in this edition is the expanded number of tested scenarios. This book, updated to cover the financial crisis 2008, analyzes real options valuation for non-constant versus constant interest rates using simula... |
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cena:
389,09 zł |
Game Theory and Exercises
ISBN: 9780415604215 / Angielski / Twarda / 442 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Game Theory and Exercises introduces the main concepts of game theory, along with interactive exercises to aid readers learning and understanding. Game theory is used to help players understand decision-making, risk-taking and strategy and the impact that the choices they make have on other players; and how the choices of those players, in turn, influence their own behaviour. So, it is not surprising that game theory is used in politics, economics, law and management. This book covers classic topics of game theory including dominance, Nash equilibrium, backward induction, repeated... Game Theory and Exercises introduces the main concepts of game theory, along with interactive exercises to aid readers learning and understanding. ... |
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cena:
906,73 zł |
Game Theory and Exercises
ISBN: 9780415604222 / Angielski / Miękka / 442 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Game Theory and Exercises introduces the main concepts of game theory, along with interactive exercises to aid readers learning and understanding. Game theory is used to help players understand decision-making, risk-taking and strategy and the impact that the choices they make have on other players; and how the choices of those players, in turn, influence their own behaviour. So, it is not surprising that game theory is used in politics, economics, law and management. This book covers classic topics of game theory including dominance, Nash equilibrium, backward induction, repeated... Game Theory and Exercises introduces the main concepts of game theory, along with interactive exercises to aid readers learning and understanding. ... |
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cena:
362,64 zł |
Binomial Models in Finance
ISBN: 9781441920737 / Angielski / Miękka / 306 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This book describes the modelling of prices of ?nancial assets in a simple d- crete time, discrete state, binomial framework. By avoiding the mathematical technicalitiesofcontinuoustime?nancewehopewehavemadethematerial accessible to a wide audience. Some of the developments and formulae appear here for the ?rst time in book form. We hope our book will appeal to various audiences. These include MBA s- dents, upperlevelundergraduatestudents, beginningdoctoralstudents, qu- titative analysts at a basic level and senior executives who seek material on new developments in ?nance at an accessible...
This book describes the modelling of prices of ?nancial assets in a simple d- crete time, discrete state, binomial framework. By avoiding the mathemat...
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700,39 zł |
An Introduction to the Mathematics of Money: Saving and Investing
ISBN: 9781441922328 / Angielski / Miękka / 300 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Introduction Some people distinguish between savings and investments, where savings are monies placed in relatively risk-free accounts with modest rewards, and where investments involve more risk and the potential for greater rewards. In this book we do not distinguish between these ideas. We treat them both under the umbrella of investing. In general, income falls into two categories: earned income which is the income derived from your everyday job andunearnedincome which is income derived from investing. You attend college to strengthen your prospects for earned income, so why do you need...
Introduction Some people distinguish between savings and investments, where savings are monies placed in relatively risk-free accounts with modest rew...
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cena:
252,89 zł |
Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations
ISBN: 9781441939104 / Angielski / Miękka / 324 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary... Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between count... |
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583,65 zł |
Technology Investment: A Game Theoretic Real Options Approach
ISBN: 9781441949110 / Angielski / Miękka / 262 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This chapter is organized as follows. The economic problem on which this book focuses is motivated in Section 1. The two tools used to study this economic problem, which are real options theory and game theory, are discussed in Sections 2 and 3, respectively. Section 4 surveys the contents of this book. In Section 5 some promising extensions of the research presented in this book are listed. 1. TECHNOLOGY INVESTMENT Investment expenditures of companies govern economic growth. Es- pecially investments in new and more efficient technologies are an impor- tant determinant. In particular, in the...
This chapter is organized as follows. The economic problem on which this book focuses is motivated in Section 1. The two tools used to study this econ...
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cena:
389,09 zł |
Economic Dynamics and General Equilibrium: Time and Uncertainty
ISBN: 9783642055409 / Angielski / Miękka / 396 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This book grew out of the teaching and lecture notes for a course in "Dynamic Economics" given at Copenhagen University where it has been part of a combined study program in economics and mathematics since 1986. The subjects in the course have varied over time but a common theme has been the study of economies over time and under uncertainty in the form of incomplete markets and the overlapping generations model. When I took up a position at Lund University in 1996 Mich Tvede took over responsibility for the course and together we developed a large part of the material, which formed the basis...
This book grew out of the teaching and lecture notes for a course in "Dynamic Economics" given at Copenhagen University where it has been part of a co...
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cena:
194,52 zł |
Irrational Exuberance Reconsidered: The Cross Section of Stock Returns
ISBN: 9783642057267 / Angielski / Miękka / 230 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Does the stock market overreact? Recent capital market turbulences have cast doubt whether the behaviour of stock markets is in line with rational investor behaviour. To which extent stock returns are predictable is the question at the heart of the controversy between the paradigms of rational asset pricing and behavioural finance. This new and revised edition discusses the empirical evidence from both perspectives. Theory and empirical analysis are blended with feedback from security analysts to offer a road towards a deeper understanding of the underlying forces to drive performance in... Does the stock market overreact? Recent capital market turbulences have cast doubt whether the behaviour of stock markets is in line with rational ... |
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cena:
389,09 zł |
Fuzzy Logic in Financial Analysis
ISBN: 9783642062216 / Angielski / Miękka / 450 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. In today's increasingly complex and uncertain business environment, financial analysis is yet more critical to business managers who tackle problems of an economic or business nature. Knowledge based on formal logic and even experience becomes less sufficient. This volume systematically sets out the basic elements on which to base financial analysis for business in the new century. It incorporates a previous work that can serve as the basis and foundation for the new contributions that are now being made in the field of financial economy and intend to provide business with instruments and... In today's increasingly complex and uncertain business environment, financial analysis is yet more critical to business managers who tackle problem... |
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cena:
583,65 zł |
A Course in Derivative Securities: Introduction to Theory and Computation
ISBN: 9783642064746 / Angielski / Miękka / 356 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This book is an outgrowth of notes compiled by the author while teaching courses for undergraduate and masters/MBA ?nance students at Washi- ton University in St. Louis and the Institut fur ] H] ohere Studien in Vienna. At onetime, acourseinOptionsandFutureswasconsideredanadvanced?nance elective, but now such a course is nearly mandatory for any ?nance major and is an elective chosen by many non-?nance majors as well. Moreover, students are exposed to derivative securities in courses on Investments, International Finance, Risk Management, Investment Banking, Fixed Income, etc. This - pansion...
This book is an outgrowth of notes compiled by the author while teaching courses for undergraduate and masters/MBA ?nance students at Washi- ton Unive...
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cena:
233,44 zł |