BELAL BAAQUIE earned his PhD in Theoretical Physics from Cornell University. He has published over fifty papers in leading international journals on quantum field theory and related topics, and since 1997 has regularly published papers on applying quantum field theory to both the theoretical and empirical aspects of finance. He helped to launch the International Journal of Theoretical and Applied Finance in 1998 and continues to be one of the Managing Editors.
Foreword
Preface
Acknowledgements
1. Synopsis
Part I. Fundamental Concepts of Finance: 2. Introduction to finance
3. Derivative securities
Part II. Systems with Finite Number of Degrees of Freedom: 4. Hamiltonians and stock options
5. Path integrals and stock options
6. Stochastic interest rates' Hamiltonians and path integrals
Part III. Quantum Field Theory of Interest Rates Models: 7. Quantum field theory of forward interest rates
8. Empirical forward interest rates and field theory models
9. Field theory of Treasury Bonds' derivatives and hedging
10. Field theory Hamiltonian of forward interest rates
11. Conclusions
Appendix A: mathematical background
Brief glossary of financial terms
Brief glossary of physics terms
List of main symbols
References
Index.
