Asymmetric information in financial markets

introduction and applications

Asymmetric information (the fact that borrowers have better information than their lenders) and its theoretical and practical evidence now forms part of the basic tool kit of every financial economist. It is a phenomenon that has major implications for a number of economic and financial ...

Computationals models in political economy

Researchers are increasingly turning to computational methods to study the dynamic properties of political and economic systems. Politicians, citizens, interest groups, and organizations interact in dynamic, complex environments, and the static models that are predominant in political economy are limited in capturing fundamental features of ...

Stochastic calculus and financial applications

The course begins with simple random walk and the analysis of gambling games. This material is used to motivate the theory of martingales, and, after reaching a decent level of confidence with discrete processes, the course takes up the more demanding development of continuous time ...

Diseño de encuestas de opinión

En los últimos años se ha ido acrecentando la utilización de las encuestas de opinión aplicadas sobre diversas cuestiones de actualidad que gozan de una amplia difusión de sus resultados en los diferentes medios. Sin embargo, en ocasiones, estas encuestas plantean más preguntas sobre el ...

Currency crises

a theoretical and empirical perspective

This volume asserts that models concerning the outbreak and the propagation of currency crises share many similarities and may therefore be studied together. Theoretical developments in the currency crises literature lead to three distinct types of models. The authors focus on these first, second and ...

Ecuaciones lineales en diferencias

aplicaciones a la empresa y la economía

Este trabajo es una introducción desde el punto de vista matemático a las ecuaciones en diferencias, especialmente las lineales, encaminado principalmente a resolver problemas económicos y empresariales cimentados en este tipo de ecuaciones.

A mathematician plays in the stock market

Could a maths expert outwit the stock market and make millions? John Allen Paulos, one of the world#s most renowned mathematicians, decided there was only one way to find out: to take a gamble on the investment game himself. But he soon discovered that ...

Álgebra moderna

INCLUYE 425 PROBLEMAS RESUELTOS Tabla de Contenidos Conjuntos. Relaciones y operaciones: los números naturales. Los enteros. Algunas propiedades de los enteros. Los números racionales. Los números reales. Los números complejos. Grupos. Anillos. Dominio de integridad, cuerpos. Polinomios. Espacios vectoriales. Matrices. Polinomios de matrices. Álgebras lineales ...

El último teorema de Fermat

el secreto de un antiguo problema matemático

Amir D. Aczel descubre la belleza de las matemáticas para todo tipo de lectores. Desde los anónimos babilonios y agrimensores egipcios, pasando por Pitágoras y sus seguidores, Arquímedes y Diofanto, hasta llegar al mundo árabe, el autor traza el camino que llevó a la solución ...

Problemas de cálculo diferencial en una variable

ABELIAN es un grupo de expertos en matemáticas y física teórica que han iniciado la elaboración de estas colecciones de problemas resueltos para estudiantes universitarios con el fin de proporcionar una sólida base sobre la cual el lector puede afianzar la adquisición progresiva de nuevos ...

Fixed income mathematics

An introduction to common fixed income instruments and mathematics, this book offers explanations, exercises, and examples without demanding sophisticated mathematics. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management decision-making, but he also offers questions ...

Elementary probability theory

with stochastic processes and an introduction to mathematical finance

An introductory textbook on probability theory and its applications. The text examines basic concepts such as probability measure, random variable, distribution and expectation, fully treated without technical complications. Both the discrete and continuous cases are covered, but only the elements of calculus are used in ...

Ejercicios de matemática financiera

Dirigido a estudiantes de escuelas y facultades de administración de empresas y al pequeño y mediano inversor que se enfrenta de manera cotidiana a operaciones financieras. El texto aproxima lo planteamientos clásicos de la matemática financiera al desarrollo práctico de los productos que actualmente existen ...

Paris-Princeton lectures on mathematical finance 2002

The Paris-Princeton Lectures in Financial Mathematics, of which this is the first volume, will, on an annual basis, publish cutting-edge research in self-contained, expository articles from outstanding - established or upcoming! - specialists. The aim is to produce a series of articles that can serve as an ...

Fundamentos de matemática financiera

La información financiera está cada vez mas presente en nuestra realidad cotidiana, pero tradicionalmente se ha percibido como rodeada de un misterio que parece hacerla apta sólo para iniciados. Si bien es cierto que se necesita un profundo conocimiento y una gran experiencia para comprender ...

Quantitative trading strategies

harnessing the poweer of quantitative techniques to create a winning trading program

Quantitative Trading Strategies examines todays most popular and proven technical trading strategies, explaining their pluses and minuses while providing the necessary data and research findings for determining which will work best for you. Drawing on current market research as well as strategies that are both ...

Investment mathematics

Investment Mathematics is divided into three parts. Part I looks at the fundamental analysis of investments from a mathematical viewpoint, relying heavily on compound interest techniques which are developed in the first chapter. The material is presented in such a way that those without formal ...

Theory of financial risk and derivative pricing

from statistical physics to risk management

Risk control and derivative pricing have become of major concern to financial institutions. The need for adequate statistical tools to measure and anticipate the amplitude of the potential moves of financial markets is clearly expressed, in particular for derivative markets. Classical theories, however, are based ...

Financial market complexity

This book takes a fresh look at understanding how financial markets behave. Using recent ideas from the highly-topical science of complexity and complex systems, the book provides the basis for a unified theoretical description of how today's markets really work. Since financial markets are ...

Matemàtiques aplicades a l´empresa

exercicis