Questions and Answers
Who is considered to have written the first scholarly work on mathematical finance?
Louis Bachelier
Which field heavily overlaps with mathematical finance and focuses on applications and modeling?
Financial engineering
What did Edward Thorp initially invent using statistical methods before applying its principles to modern systematic investing?
Card counting in blackjack
Which work by the trio led to the emergence of mathematical finance as a discipline in the 1970s?
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What is the focus of quantitative investing as opposed to traditional fundamental analysis when managing portfolios?
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What do quantitative techniques involve?
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Which business functions are supported by quantitative techniques?
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Why do businesses leverage quantitative techniques?
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What is the nature of quantitative techniques in business decision-making?
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What does the application of quantitative techniques in business involve?
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