Abstract
A history of modern mathematics of finance, from the ancient times to the contemporary quantitative finance, with special attention to portfolio and options theory.
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For the sake of homogeneity with the other papers in this issue, we had to sacrifice some parts, although of great importance in the context of financial mathematics, of the paper originally submitted by the author. They concerned in particular the theories by Modigliani–Miller (structure of the capital of a company), Von Neumann–Morgenstern (neo-Bernoullian utility), Fama (market efficiency), Mandelbrot (fractal finance), as well as connecting sections between the quantitative approach and the economic and financial disciplines less oriented to a mathematical formalisation.
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Pressacco, F. F for Finance. Lett Mat Int 5, 105–111 (2017). https://doi.org/10.1007/s40329-017-0171-7
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DOI: https://doi.org/10.1007/s40329-017-0171-7