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The Statistical Mechanics of Financial Markets (Theoretical and Mathematical Physics)
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The Statistical Mechanics of Financial Markets (Theoretical and Mathematical Physics)

4.29  ·  Rating details ·  17 ratings  ·  0 reviews
This highly praised introductory treatment describes the parallels between statistical physics and finance - both those established in the 100-year long interaction between these disciplines, as well as new research results on financial markets. The random-walk technique, well known in physics, is also the basic model in finance, upon which are built, for example, the Blac ...more
Hardcover, 378 pages
Published October 21st 2005 by Springer (first published July 15th 2003)
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