Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation: A Story of Genius and Discovery

Options have been traded for hundreds of years, but investment decisions were based on gut feelings until...
$132.13 AUD
$132.13 AUD
SKU: 9780465022489
Product Type: Books
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Author: George G. Szpiro
Format: Hardcover
Language: English
Subtotal: $132.13
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Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation: A Story of Genius and Discovery by Szpiro, George G.

Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation: A Story of Genius and Discovery

$132.13

Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation: A Story of Genius and Discovery

$132.13
Author: George G. Szpiro
Format: Hardcover
Language: English

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: George G. Szpiro
Publisher: Basic Books
Published: 11/01/2011
Pages: 320
Binding Type: Hardcover
Weight: 1.20lbs
Size: 9.40h x 6.50w x 1.40d
ISBN: 9780465022489
Audience: Young Adult


Review Citation(s):
Kirkus Reviews 10/01/2011
Booklist 11/01/2011 pg. 7

About the Author
George G. Szpiro is a mathematician, financial economist, and journalist. He is the Israel correspondent of the Swiss daily Neue Zürcher Zeitung and has published in Science, Nature, and the Jerusalem Report. He is the author of Kepler's Conjecture, The Secret Life of Numbers, Poincaré's Prize, and Numbers Rule. He lives in Switzerland.

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