Mathematical Finance and Quantitative Techniques
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Questions and Answers

Who is considered to have written the first scholarly work on mathematical finance?

  • Edward Thorp
  • Fischer Black
  • Louis Bachelier (correct)
  • Myron Scholes
  • Which field heavily overlaps with mathematical finance and focuses on applications and modeling?

  • Risk management
  • Financial engineering (correct)
  • Derivatives pricing
  • Portfolio management
  • What did Edward Thorp initially invent using statistical methods before applying its principles to modern systematic investing?

  • Derivatives pricing
  • Card counting in blackjack (correct)
  • Stochastic asset models
  • Quantitative investing
  • Which work is considered to have led to the emergence of mathematical finance as a discipline in the 1970s?

    <p>Fischer Black, Myron Scholes and Robert Merton's work on option pricing theory</p> Signup and view all the answers

    Which branch of finance requires advanced quantitative techniques and focuses on building tools of implementation for models?

    <p>Computational finance</p> Signup and view all the answers

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