Physics and Finance (Undergraduate Lecture Notes in Physics)

Volker Ziemann obtained his Ph.D. in accelerator physics from Dortmund University in 1990. After postdoctoral positions in Stanford at SLAC and in Geneva at CERN, where he worked on the design of the LHC, in 1995, he moved to Uppsala where he worked at the electron-cooler storage ring CELSIUS. In 2005, he moved to the physics department where he has since taught physics. He was responsible for several accelerator physics projects at CERN, DESY, and XFEL. In 2014, he received the Thurus prize from the Royal Society of Sciences in Uppsala. Chapter 1 – Introduction Chapter 2 – Concepts of finance Chapter 3 – Portfolio theory and CAPM Chapter 4 – Stochastic processes Chapter 5 – Black-Scholes differential equation Chapter 6 – The Greeks and risk management Chapter 7 – Regression models and hypothesis testing Chapter 8 – Time series Chapter 9 – Bubbles, crashes, fat tails and Levy-stable distributions Chapter 10 – Quantum finance and path integrals Chapter 11 – Optimal control theory.