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Introduction

  • David Ruppert
Part of the Springer Texts in Statistics book series (STS)

Abstract

The book grew out of a course first called “Empirical Research Methods in Financial Engineering.” Empirical means derived from experience, observation, or experiment, so the book is about working with data and doing statistical analysis. Financial engineering is the construction of financial products such as stock options, interest rate derivatives, and credit derivatives. The course has been renamed “Operations Research Tools for Financial Engineering,” because it also covers applications of probability, simulation, and optimization to financial engineering.

Keywords

Risky Asset Call Option Stock Option ARIMA Model Capital Asset Price Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Baxter, M., and Rennie, A. (1998) Financial Calculus: An Introduction to Derivative Pricing, Corrected Reprinting, Cambridge University Press, Cambridge.MATHGoogle Scholar

Copyright information

© Springer Science+Business Media New York 2004

Authors and Affiliations

  • David Ruppert
    • 1
  1. 1.School of Operations Research and Industrial EngineeringCornell UniversityIthacaUSA

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