In An Engine, Not a Camera, Donald MacKenzie argues that the emergence of modern
economic theories of finance affected financial markets in fundamental ways. These new …

During the seven years that elapsed between the first and second editions of the present
book, considerable progress was achieved in the area of financial modelling and pricing of …

This international bestseller, which foreshadowed a market crash, explains why it could
happen again if we don't act now. Fractal geometry is the mathematics of roughness: how to …

In the past three decades, we have witnessed the phenomenal growth in the trading of
financial derivatives and structured products in the financial markets around the globe and …

This paper provides a review of the Fractal Market Hypothesis (FMH) focusing on financial
times series analysis. In order to put the FMH into a broader perspective, the Random Walk …

Less than two centuries ago finance-today viewed as the center of economic necessity and
epitome of scientific respectability-stood condemned as disreputable fraud. How this change …

This book shows how to use the power of optimization, sometimes known as mathematical
programming, to solve problems of business, industry, and government. The intended …

Since its introduction in the early 1980s, the risk-neutral valuation principle has proved to be
an important tool in the pricing and hedging of financial derivatives. Following the success of …

The news from Stockholm that the prize in economic sciences had been given for option-
pricing theory provided unique and signal recognition to the rapidly advancing, but still …

Thirteen years have passed by since the publication of the first edition of this book. Its
favorable reception encouraged us to work on this second edition. We took advantage of this …