Search results: Found 5

Listing 1 - 5 of 5
Sort by
The Brownian Motion

Authors: ---
Book Series: Springer Texts in Business and Economics ISBN: 9783030201036 Year: Pages: 125 DOI: 10.1007/978-3-030-20103-6 Language: English
Publisher: Springer Nature
Subject: Economics --- Mathematics
Added to DOAB on : 2020-02-04 11:21:11
License:

Loading...
Export citation

Choose an application

Abstract

This open access textbook is the first to provide Business and Economics Ph.D. students with a precise and intuitive introduction to the formal backgrounds of modern financial theory. It explains Brownian motion, random processes, measures, and Lebesgue integrals intuitively, but without sacrificing the necessary mathematical formalism, making them accessible for readers with little or no previous knowledge of the field. It also includes mathematical definitions and the hidden stories behind the terms discussing why the theories are presented in specific ways.

Manifesto of the New Economy: Institutions and Business Models of the Digital Society

Author:
ISBN: 9783642212765 9783642212772 Year: Pages: 145 DOI: 10.1007/978-3-642-21277-2 Language: English
Publisher: Springer Nature
Subject: Economics --- Business and Management
Added to DOAB on : 2012-08-16 16:43:16
License:

Loading...
Export citation

Choose an application

Abstract

The book describes the main directions for the development of the digital society. The author angles its book to those who are interested to know what would replace search engines, and how social networks would evolve; what profit can be made of different forms of informational collaboration (crowdsourcing, collaborative filtering). And, the main thing, how it will influence the structure of the society and human pursuit for happiness. The author does not confine himself to a theory, he sets and solves practical questions: How talent, success and “stardom” are interconnected, how to make money in social networks, what is the business model for the development of entertainment and media, how to measure cultural values, and what is the subjective time of the individual and how to make it qualitative? There have been no answers to these questions before. Internet and social networks have provided tools and data that Alexander Dolgin was the first to use in economics.

Innovations in Derivatives Markets: Fixed Income Modeling, Valuation Adjustments, Risk Management, and Regulation

Authors: --- --- ---
Book Series: Springer Proceedings in Mathematics & Statistics ISSN: 2194-1009 ISBN: 9783319334455 9783319334462 Year: Volume: 165 Pages: 449 DOI: 10.1007/978-3-319-33446-2 Language: English
Publisher: Springer Nature
Subject: Mechanical Engineering --- Therapeutics --- Biotechnology --- Business and Management --- Chemical Technology
Added to DOAB on : 2017-03-08 12:08:06
License:

Loading...
Export citation

Choose an application

Abstract

This book presents 20 peer-reviewed chapters on current aspects of derivatives markets and derivative pricing. The contributions, written by leading researchers in the field as well as experienced authors from the financial industry, present the state of the art in:• Modeling counterparty credit risk: credit valuation adjustment, debit valuation adjustment, funding valuation adjustment, and wrong way risk.• Pricing and hedging in fixed-income markets and multi-curve interest-rate modeling.• Recent developments concerning contingent convertible bonds, the measuring of basis spreads, and the modeling of implied correlations.The recent financial crisis has cast tremendous doubts on the classical view on derivative pricing. Now, counterparty credit risk and liquidity issues are integral aspects of a prudent valuation procedure and the reference interest rates are represented by a multitude of curves according to their different periods and maturities.A panel discussion included in the book (featuring Damiano Brigo, Christian Fries, John Hull, and Daniel Sommer) on the foundations of modeling and pricing in the presence of counterparty credit risk provides intriguing insights on the debate.

Non-Equilibrium Social Science and Policy: Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking

Authors: --- --- --- --- et al.
Book Series: Understanding Complex Systems ISSN: 1860-0832 ISBN: 9783319424224 9783319424248 Year: Pages: 232 DOI: 10.1007/978-3-319-42424-8 Language: English
Publisher: Springer Nature
Subject: Astronomy (General) --- Physics (General) --- Business and Management --- Electrical and Nuclear Engineering
Added to DOAB on : 2017-03-13 12:35:53
License:

Loading...
Export citation

Choose an application

Abstract

The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances.Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining.The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work.

Blockchain and Crypto Currency

Authors: --- --- ---
Book Series: Economics, Law, and Institutions in Asia Pacific ISBN: 9789811533761 Year: Pages: 141 DOI: 10.1007/978-981-15-3376-1 Language: English
Publisher: Springer Nature
Subject: Business and Management --- Economics --- Social Sciences
Added to DOAB on : 2020-05-14 09:29:47
License:

Loading...
Export citation

Choose an application

Abstract

This open access book contributes to the creation of a cyber ecosystem supported by blockchain technology in which technology and people can coexist in harmony. Blockchains have shown that trusted records, or ledgers, of permanent data can be stored on the Internet in a decentralized manner. The decentralization of the recording process is expected to significantly economize the cost of transactions. Creating a ledger on data, a blockchain makes it possible to designate the owner of each piece of data, to trade data pieces, and to market them. This book examines the formation of markets for various types of data from the theory of market quality proposed and developed by M. Yano. Blockchains are expected to give data itself the status of a new production factor. Bringing ownership of data to the hands of data producers, blockchains can reduce the possibility of information leakage, enhance the sharing and use of IoT data, and prevent data monopoly and misuse. The industry will have a bright future as soon as better technology is developed and when a healthy infrastructure is created to support the blockchain market.

Listing 1 - 5 of 5
Sort by
Narrow your search

Publisher

Springer Nature (5)


License

CC by (3)

CC by-nc (1)

CC by-nc-nd (1)


Language

english (5)


Year
From To Submit

2020 (1)

2019 (1)

2017 (1)

2016 (1)

2011 (1)