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Physics and Finance (Hardcover, 1st ed. 2021)
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Physics and Finance (Hardcover, 1st ed. 2021)
Series: Undergraduate Lecture Notes in Physics
Expected to ship within 12 - 17 working days
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This book introduces physics students to concepts and methods of
finance. Despite being perceived as quite distant from physics,
finance shares a number of common methods and ideas, usually
related to noise and uncertainties. Juxtaposing the key methods to
applications in both physics and finance articulates both
differences and common features, this gives students a deeper
understanding of the underlying ideas. Moreover, they acquire a
number of useful mathematical and computational tools, such as
stochastic differential equations, path integrals, Monte-Carlo
methods, and basic cryptology. Each chapter ends with a set of
carefully designed exercises enabling readers to test their
comprehension.
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