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Mathematical models in finance

Historical Evolution and Empirical Tests

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  • 84 pages
  • 3 hours of reading

More about the book

Focusing on the historical evolution of Normal Distribution in finance, this study examines existing models and suggests improvements in light of technological advancements. It provides a thorough review of the Normal Curve's initial applications and includes a case study of the IBOVESPA over two decades, revealing distributions that deviate from the expected Normal Distribution. The book emphasizes the need for updated assumptions in financial mathematical modeling.

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Mathematical models in finance, Emerson Tadeu Gonçalves Rici

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Released
2023
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