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Quantitative Finance Aka Mathematical Finance and Financial Mathematics by Bhushan is a document available to read on EtoBox.
Mathematical finance, also known as quantitative finance, is a field focused on mathematical modeling in finance, particularly in derivatives pricing and risk management. It emerged in the 1970s, building on earlier work by Louis Bachelier and later developments by Fischer Black, Myron Scholes, and Robert Merton. The discipline has faced criticism for its reliance on models that may not accurately reflect market realities, especially highlighted by the 2008 financial crisis.
- Author
- Bhushan
- Language
- EN