Name: Money and Mathematics: A Conversational Approach to Modern Financial Mathematics and Insurance
Brand: Springer Verlag
SKU: 9783658346768
Price: 5613.0 INR
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Money and Mathematics: A Conversational Approach to Modern Financial Mathematics and Insurance

by Bernd Luderer , Ralf Korn

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ISBN13: 9783658346768
Binding: Hardcover
Subject: Business Management
Publisher: Springer Verlag
Publisher Imprint: Springer
Publication Date: January 1, 2021
Pages: 323
Original Price: EUR 79.99
Language: English
Edition: N/A
Item Weight: 654 grams
BISAC Subject(s): Finance / General, Applied, and Corporate Finance / General

About The Book

From the Back Cover

This book follows a conversational approach in five dozen stories that provide an insight into the colorful world of financial mathematics and financial markets in a relaxed, accessible and entertaining form. The authors present various topics such as returns, real interest rates, present values, arbitrage, replication, options, swaps, the Black-Scholes formula and many more. The readers will learn how to discover, analyze, and deal with the many financial mathematical decisions the daily routine constantly demands.

The book covers a wide field in terms of scope and thematic diversity. Numerous stories are inspired by the fields of deterministic financial mathematics, option valuation, portfolio optimization and actuarial mathematics. The book also contains a collection of basic concepts and formulas of financial mathematics and of probability theory. Thus, also readers new to the subject will be provided with all the necessary information to verify the calculations.

About The Author

Prof. Dr. Ralf Korn teaches at the Department of Mathematics at the University of Kaiserslautern (Germany). He collaborates with the Fraunhofer ITWM on research projects for the finance and insurance industry. He was previously the Chairman of the German Society for Insurance and Financial Mathematics (2015-2019) and has authored several successful books on financial mathematics. He is also the co-Editor of the European Actuarial Journal (Springer), and Editor of 'Series in Quantitative Finance' (World Scientific).
Prof. Dr. Bernd Luderer taught at the Faculty of Mathematics at the Chemnitz University ofTechnology (Germany). He is the Editor of the German-language series 'Studienbücher Wirtschaftsmathematik' (Springer), and author of numerous successful textbooks on business and financial mathematics.

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