The use of probability theory in financial modeling can be traced back to the work on Bachelier at the beginning of last century with advanced probabilistic methods being introduced for the first time by Black, Scholes and Merton in the seventies. The modern financial quantitative analysts make use of sophisticated mathematical concepts, such as martingales and stochastic integration, in order to describe the behavior of the markets or to derive computing methods.
Date: 21st - 22nd November 2013
Venue:Manhattan - New York
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