"It's called stochastic calculus, a branch of mathematics that measures what happens in any system that is beset by random fluctuations.How could any pass up an article that has bogth convertible bonds and YouTube references?
Dr. Shreve, the Orion Hoch Professor of Mathematics at Carnegie Mellon University, does research into both the convertible bond and YouTube problems."
Monday, January 29, 2007
The Thinkers: He brings higher mathematics to bear on high finance
The Thinkers: He brings higher mathematics to bear on high finance: "