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Vinzenz Bronzin's Option Pricing Models
Exposition and Appraisal
Buch von Heinz Zimmermann (u. a.)
Sprache: Englisch

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Beschreibung
In 1908, Vinzenz Bronzin, a professor of mathematics at the Accademia di Commercio e Nautica in Trieste, published a booklet in German entitled Theorie der Prämiengeschäfte (Theory of Premium Contracts) which is an old type of option contract. Almost like Bachelier¿s now famous dissertation (1900), the work seems to have been forgotten shortly after it was published. However, almost every element of modern option pricing can be found in Bronzin¿s book. He derives option prices for an illustrative set of distributions, including the Normal. - This volume includes a reprint of the original German text, a translation, as well as an appreciation of Bronzin's work from various perspectives (economics, history of finance, sociology, economic history) including some details about the professional life and circumstances of the author. The book brings Bronzin's early work to light again and adds an almost forgotten piece of research to the theory of option pricing.
In 1908, Vinzenz Bronzin, a professor of mathematics at the Accademia di Commercio e Nautica in Trieste, published a booklet in German entitled Theorie der Prämiengeschäfte (Theory of Premium Contracts) which is an old type of option contract. Almost like Bachelier¿s now famous dissertation (1900), the work seems to have been forgotten shortly after it was published. However, almost every element of modern option pricing can be found in Bronzin¿s book. He derives option prices for an illustrative set of distributions, including the Normal. - This volume includes a reprint of the original German text, a translation, as well as an appreciation of Bronzin's work from various perspectives (economics, history of finance, sociology, economic history) including some details about the professional life and circumstances of the author. The book brings Bronzin's early work to light again and adds an almost forgotten piece of research to the theory of option pricing.
Zusammenfassung
  • Almost forgotten highlight in early option pricing theory
  • Interdisciplinary works in economics, history of finance, sociology and economic history
  • Multidisciplinary book on historical foundations of finance
Inhaltsverzeichnis
Vinzenz Bronzin - Personal Life and work.- Vinzenz Bronzin - Personal Life and Work.- Stefan Zweig: A Representative Voice of the Time.- Stefan Zweig: A Representative Voice of the Time.- How I Discovered Bronzin's Book.- How I Discovered Bronzin's Book.- Theorie der Prämiengeschäfte.- Facsimile of Bronzin's Original Treatise.- Theory of Premium Contracts.- Translation of Bronzin's Treatise.- Background and Appraisal of Bronzin's Work.- A Review and Evaluation of Bronzin's Contribution from a Financial Economics Perspective.- Probabilistic Roots of Financial Modelling: A Historical Perspective.- The Contribution of the Social-Economic Environment to the Creation of Bronzin's "Theory of Premium Contracts".- Cultural and Socio-Historical Background.- The Late Habsburg Monarchy - Economic Spurt or Delayed Modernization?.- A Change in the Paradigm for Teaching Mathematics.- Review of Bronzin's Book in the "Monatshefte für Mathematik und Physik".- Monatshefte für Mathematik und Physik - A Showcase of the Culture of Mathematicians in the Habsburgian-Hungarian Empire During the Period from 1890 until 1914.- The Certainty of Risk in the Markets of Uncertainty.- Trieste.- Speculation and Security. The Financial World in Trieste in the Early Years of the Twentieth Century.- The Cultural Landscape of Trieste at the Beginning of the 20th Century - an Essay.- Trieste: A Node of the Actuarial Network in the Early 1900s.- Finance, Economics and Actuarial Science.- A Short History of Derivative Security Markets.- Retrospective Book Review on James Moser: "Die Lehre von den Zeitgeschäften und deren Combinationen" (1875).- The History of Option Pricing and Hedging.- The Early History of Option Contracts.- Bruno de Finetti, Actuarial Sciences andthe Theory of Finance in the 20th Century.- The Origins of Expected Utility Theory.- An Early Structured Product: Illustrative Pricing of Repeat Contracts.
Details
Erscheinungsjahr: 2009
Fachbereich: Betriebswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: viii
562 S.
ISBN-13: 9783540857105
ISBN-10: 3540857109
Sprache: Englisch
Herstellernummer: 12518067
Einband: Gebunden
Autor: Hafner, Wolfgang
Zimmermann, Heinz
Redaktion: Zimmermann, Heinz
Hafner, Wolfgang
Herausgeber: Wolfgang Hafner/Heinz Zimmermann
Hersteller: Springer-Verlag GmbH
Springer Berlin Heidelberg
Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 250 x 175 x 37 mm
Von/Mit: Heinz Zimmermann (u. a.)
Erscheinungsdatum: 13.07.2009
Gewicht: 1,156 kg
Artikel-ID: 101728049
Zusammenfassung
  • Almost forgotten highlight in early option pricing theory
  • Interdisciplinary works in economics, history of finance, sociology and economic history
  • Multidisciplinary book on historical foundations of finance
Inhaltsverzeichnis
Vinzenz Bronzin - Personal Life and work.- Vinzenz Bronzin - Personal Life and Work.- Stefan Zweig: A Representative Voice of the Time.- Stefan Zweig: A Representative Voice of the Time.- How I Discovered Bronzin's Book.- How I Discovered Bronzin's Book.- Theorie der Prämiengeschäfte.- Facsimile of Bronzin's Original Treatise.- Theory of Premium Contracts.- Translation of Bronzin's Treatise.- Background and Appraisal of Bronzin's Work.- A Review and Evaluation of Bronzin's Contribution from a Financial Economics Perspective.- Probabilistic Roots of Financial Modelling: A Historical Perspective.- The Contribution of the Social-Economic Environment to the Creation of Bronzin's "Theory of Premium Contracts".- Cultural and Socio-Historical Background.- The Late Habsburg Monarchy - Economic Spurt or Delayed Modernization?.- A Change in the Paradigm for Teaching Mathematics.- Review of Bronzin's Book in the "Monatshefte für Mathematik und Physik".- Monatshefte für Mathematik und Physik - A Showcase of the Culture of Mathematicians in the Habsburgian-Hungarian Empire During the Period from 1890 until 1914.- The Certainty of Risk in the Markets of Uncertainty.- Trieste.- Speculation and Security. The Financial World in Trieste in the Early Years of the Twentieth Century.- The Cultural Landscape of Trieste at the Beginning of the 20th Century - an Essay.- Trieste: A Node of the Actuarial Network in the Early 1900s.- Finance, Economics and Actuarial Science.- A Short History of Derivative Security Markets.- Retrospective Book Review on James Moser: "Die Lehre von den Zeitgeschäften und deren Combinationen" (1875).- The History of Option Pricing and Hedging.- The Early History of Option Contracts.- Bruno de Finetti, Actuarial Sciences andthe Theory of Finance in the 20th Century.- The Origins of Expected Utility Theory.- An Early Structured Product: Illustrative Pricing of Repeat Contracts.
Details
Erscheinungsjahr: 2009
Fachbereich: Betriebswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: viii
562 S.
ISBN-13: 9783540857105
ISBN-10: 3540857109
Sprache: Englisch
Herstellernummer: 12518067
Einband: Gebunden
Autor: Hafner, Wolfgang
Zimmermann, Heinz
Redaktion: Zimmermann, Heinz
Hafner, Wolfgang
Herausgeber: Wolfgang Hafner/Heinz Zimmermann
Hersteller: Springer-Verlag GmbH
Springer Berlin Heidelberg
Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 250 x 175 x 37 mm
Von/Mit: Heinz Zimmermann (u. a.)
Erscheinungsdatum: 13.07.2009
Gewicht: 1,156 kg
Artikel-ID: 101728049
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