Check the author's blog at: http: //kongtcheu.blogspot.com/ for
more explanations, insights & relevance to current affairs
Introductory material on BICs is available at: http:
//knol.google.com/k/phil-kongtcheu/introduction-to-basis-instruments/
This volume introduces the reader to the proto-probabilistic
concept of BICs, a new paradigm in dynamic systems and decision
sciences analysis in the most appropriate framework of financial
derivatives. Globally, the major contribution of this book is the
analytic framework it introduces, develops and the rationale behind
it. It represents a major departure from the stochastic process
approach as major tool for randomly fluctuating systems analysis of
the past century. This approach widens the scope of analysis while
at the same time practically simplifying real life problems.
General
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