A brief history of mathematics in finance

In the list of possible scapegoats for the recent financial crises, mathematics, in particular mathematical finance has been ranked, without a doubt, as the first among many and quants, as mathematicians are known in the industry, have been blamed for developing and using esoteric models which are b...

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Bibliographic Details
Main Authors: Erdinç Akyıldırım, Halil Mete Soner
Format: Article
Language:English
Published: Elsevier 2014-03-01
Series:Borsa Istanbul Review
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845014000039