Business & Economics Books:

Pricing the Future

Finance, Physics, and the 300-year Journey to the Black-Scholes Equation

Format

Hardback

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Pricing the Future by George G Szpiro
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Description

Options have been traded for hundreds of years, but investment decisions were based on gut feelings until the Nobel Prize-winning discovery of the Black-Scholes options pricing model in 1973 ushered in the era of the quants." Wall Street would never be the same. In Pricing the Future , financial economist George G. Szpiro tells the fascinating stories of the pioneers of mathematical finance who conducted the search for the elusive options pricing formula. From the broker's assistant who published the first mathematical explanation of financial markets to Albert Einstein and other scientists who looked for a way to explain the movement of atoms and molecules, Pricing the Future retraces the historical and intellectual developments that ultimately led to the widespread use of mathematical models to drive investment strategies on Wall Street.

Author Biography

George G. Szpiro is a mathematician, financial economist, and journalist. He is the Israel correspondent of the Swiss daily Neue Zrcher Zeitung and has published in Science, Nature, and the Jerusalem Report. He is the author of Kepler's Conjecture, The Secret Life of Numbers, Poincare's Prize, and Numbers Rule. He lives in Switzerland.
Release date NZ
November 29th, 2011
Country of Publication
United States
Imprint
Basic Books
Pages
320
Dimensions
165x239x36
ISBN-13
9780465022489
Product ID
10409022

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