Mathematical models in finance - Historical Evolution and Empirical Tests

Study that addresses the historical evolution of the use of Normal Distribution in Finance, analyzes the models in use and points out opportunities for improvement given the technological advances and the need to use new assumptions in mathematical modeling for finance. This book makes a historical review of the first recorded use of Normal Curve and also presents a case study with the IBOVESPA in a period of 20 years, resulting in distributions different from the Normal, as expected.

About the author

Master in Controllership e Contabilità della FEARP/USP, MBA in Controllership e Finanza della FUNDACE/USP, Specialista in Matematica Applicata dell'UNIFRAN, laureato in matematica dell'UNESP, commercialista della FEI. Presenta un caso di studio con l'IBOVESPA in un periodo di 20 anni, da cui risultano distribuzioni diverse dalla Normale, come ci si aspettava di trovare.

Product details

• Authors: Emerson Tadeu Gonçalves Rici
• Publisher: Our Knowledge Publishing
• Languages: English
• Product format: Paperback / Softback
• Released: 01.03.2023
• EAN: 9786205819807
• ISBN: 9786205819807
• No. of pages: 84
• Subject: Guides > Law, job, finance > Family law