Introduction: Definitions and Concepts

  • Jürgen Franke
  • Wolfgang Karl Härdle
  • Christian Matthias Hafner
Part of the Universitext book series (UTX)


Financial markets can be regarded from various points of view. Firstly there are economic theories which make assertions about security pricing; different economic theories exist in different markets (currency, interest rates, stocks, derivatives, etc.).


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Authors and Affiliations

  • Jürgen Franke
    • 1
  • Wolfgang Karl Härdle
    • 2
  • Christian Matthias Hafner
    • 3
  1. 1.Department of MathematicsTechnische Universität KaiserslauternKaiserslauternGermany
  2. 2.Ladislaus von Bortkiewicz Chair of StatisticsHumboldt-Universität BerlinBerlinGermany
  3. 3.Louvain Institute of Data Analysis and Modeling in Economics and StatisticsUCLouvainLouvain-la-NeuveBelgium

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