Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation by George G. Szpiro, George G. Szpiro

Pricing the Future: Finance, Physics, and the 300-year Journey to the Black-Scholes Equation

George G. Szpiro, George G. Szpiro

320 pages first pub 2011 (editions)

nonfiction economics challenging informative slow-paced
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Options have been traded for hundreds of years, but investment decisions were based on gut feelings until the Nobel Prize–winning discovery of the Black-Scholes options pricing model in 1973 ushered in the era of the “quants.” Wall Street would ne...

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