Reporting the noise: physics looks at finance
Condensed Matter lunchtime seminar
Reporting the noise: physics looks at finance
- Event time: 1:00pm
- Event date: 13th August 2007
- Speaker: Lawrence Mitchell (Formerly School of Physics & Astronomy, University of Edinburgh)
- Location: Room 2511, James Clerk Maxwell Building (JCMB) James Clerk Maxwell Building Peter Guthrie Tait Road Edinburgh EH9 3FD GB
Event details
I will introduce some of the basic ideas behind money-making in financial markets, specifically option pricing. The Black-Scholes model of option pricing, despite a number of flaws, is still widely used. I shall discuss recent attempts to improve the model and report some early research into reproducing market behaviour with a simple model.
About Condensed Matter lunchtime seminars
This is a weekly series of informal talks given primarily by members of the institute of condensed matter and complex systems, but is also open to members of other groups and external visitors. The aim of the series is to promote discussion and learning of various topics at a level suitable to the broad background of the group. Everyone is welcome to attend..