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Complex Analysis
Author | : Elias M. Stein |
Publisher | : Princeton University Press |
Total Pages | : 398 |
Release | : 2010-04-22 |
Genre | : Mathematics |
ISBN | : 1400831156 |
With this second volume, we enter the intriguing world of complex analysis. From the first theorems on, the elegance and sweep of the results is evident. The starting point is the simple idea of extending a function initially given for real values of the argument to one that is defined when the argument is complex. From there, one proceeds to the main properties of holomorphic functions, whose proofs are generally short and quite illuminating: the Cauchy theorems, residues, analytic continuation, the argument principle. With this background, the reader is ready to learn a wealth of additional material connecting the subject with other areas of mathematics: the Fourier transform treated by contour integration, the zeta function and the prime number theorem, and an introduction to elliptic functions culminating in their application to combinatorics and number theory. Thoroughly developing a subject with many ramifications, while striking a careful balance between conceptual insights and the technical underpinnings of rigorous analysis, Complex Analysis will be welcomed by students of mathematics, physics, engineering and other sciences. The Princeton Lectures in Analysis represents a sustained effort to introduce the core areas of mathematical analysis while also illustrating the organic unity between them. Numerous examples and applications throughout its four planned volumes, of which Complex Analysis is the second, highlight the far-reaching consequences of certain ideas in analysis to other fields of mathematics and a variety of sciences. Stein and Shakarchi move from an introduction addressing Fourier series and integrals to in-depth considerations of complex analysis; measure and integration theory, and Hilbert spaces; and, finally, further topics such as functional analysis, distributions and elements of probability theory.
Kurt Gödel
Author | : Maria Hämeen-Anttila |
Publisher | : Springer Nature |
Total Pages | : 133 |
Release | : 2021-12-15 |
Genre | : Mathematics |
ISBN | : 3030872963 |
Paris of the year 1900 left two landmarks: the Tour Eiffel, and David Hilbert's celebrated list of twenty-four mathematical problems presented at a conference opening the new century. Kurt Gödel, a logical icon of that time, showed Hilbert's ideal of complete axiomatization of mathematics to be unattainable. The result, of 1931, is called Gödel's incompleteness theorem. Gödel then went on to attack Hilbert's first and second Paris problems, namely Cantor's continuum problem about the type of infinity of the real numbers, and the freedom from contradiction of the theory of real numbers. By 1963, it became clear that Hilbert's first question could not be answered by any known means, half of the credit of this seeming faux pas going to Gödel. The second is a problem still wide open. Gödel worked on it for years, with no definitive results; The best he could offer was a start with the arithmetic of the entire numbers. This book, Gödel's lectures at the famous Princeton Institute for Advanced Study in 1941, shows how far he had come with Hilbert's second problem, namely to a theory of computable functionals of finite type and a proof of the consistency of ordinary arithmetic. It offers indispensable reading for logicians, mathematicians, and computer scientists interested in foundational questions. It will form a basis for further investigations into Gödel's vast Nachlass of unpublished notes on how to extend the results of his lectures to the theory of real numbers. The book also gives insights into the conceptual and formal work that is needed for the solution of profound scientific questions, by one of the central figures of 20th century science and philosophy.
Neoclassical Finance
Author | : Stephen A. Ross |
Publisher | : Princeton University Press |
Total Pages | : 120 |
Release | : 2009-04-11 |
Genre | : Business & Economics |
ISBN | : 1400830206 |
Neoclassical Finance provides a concise and powerful account of the underlying principles of modern finance, drawing on a generation of theoretical and empirical advances in the field. Stephen Ross developed the no arbitrage principle, tying asset pricing to the simple proposition that there are no free lunches in financial markets, and jointly with John Cox he developed the related concept of risk-neutral pricing. In this book Ross makes a strong case that these concepts are the fundamental pillars of modern finance and, in particular, of market efficiency. In an efficient market prices reflect the information possessed by the market and, as a consequence, trading schemes using commonly available information to beat the market are doomed to fail. By stark contrast, the currently popular stance offered by behavioral finance, fueled by a number of apparent anomalies in the financial markets, regards market prices as subject to the psychological whims of investors. But without any appeal to psychology, Ross shows that neoclassical theory provides a simple and rich explanation that resolves many of the anomalies on which behavioral finance has been fixated. Based on the inaugural Princeton Lectures in Finance, sponsored by the Bendheim Center for Finance of Princeton University, this elegant book represents a major contribution to the ongoing debate on market efficiency, and serves as a useful primer on the fundamentals of finance for both scholars and practitioners.
Functional Analysis
Author | : Elias M. Stein |
Publisher | : Princeton University Press |
Total Pages | : 443 |
Release | : 2011-09-11 |
Genre | : Mathematics |
ISBN | : 0691113874 |
"This book covers such topics as Lp ̂spaces, distributions, Baire category, probability theory and Brownian motion, several complex variables and oscillatory integrals in Fourier analysis. The authors focus on key results in each area, highlighting their importance and the organic unity of the subject"--Provided by publisher.
Machine Learning in Asset Pricing
Author | : Stefan Nagel |
Publisher | : Princeton University Press |
Total Pages | : 156 |
Release | : 2021-05-11 |
Genre | : Business & Economics |
ISBN | : 0691218706 |
A groundbreaking, authoritative introduction to how machine learning can be applied to asset pricing Investors in financial markets are faced with an abundance of potentially value-relevant information from a wide variety of different sources. In such data-rich, high-dimensional environments, techniques from the rapidly advancing field of machine learning (ML) are well-suited for solving prediction problems. Accordingly, ML methods are quickly becoming part of the toolkit in asset pricing research and quantitative investing. In this book, Stefan Nagel examines the promises and challenges of ML applications in asset pricing. Asset pricing problems are substantially different from the settings for which ML tools were developed originally. To realize the potential of ML methods, they must be adapted for the specific conditions in asset pricing applications. Economic considerations, such as portfolio optimization, absence of near arbitrage, and investor learning can guide the selection and modification of ML tools. Beginning with a brief survey of basic supervised ML methods, Nagel then discusses the application of these techniques in empirical research in asset pricing and shows how they promise to advance the theoretical modeling of financial markets. Machine Learning in Asset Pricing presents the exciting possibilities of using cutting-edge methods in research on financial asset valuation.
Paris-Princeton Lectures on Mathematical Finance 2010
Author | : Areski Cousin |
Publisher | : Springer Science & Business Media |
Total Pages | : 374 |
Release | : 2011-06-29 |
Genre | : Mathematics |
ISBN | : 3642146597 |
The Paris-Princeton Lectures in Financial Mathematics, of which this is the fourth volume, publish cutting-edge research in self-contained, expository articles from outstanding specialists - established or on the rise! The aim is to produce a series of articles that can serve as an introductory reference source for research in the field. The articles are the result of frequent exchanges between the finance and financial mathematics groups in Paris and Princeton. The present volume sets standards with five articles by: 1. Areski Cousin, Monique Jeanblanc and Jean-Paul Laurent, 2. Stéphane Crépey, 3. Olivier Guéant, Jean-Michel Lasry and Pierre-Louis Lions, 4. David Hobson and 5. Peter Tankov.
Paris-Princeton Lectures on Mathematical Finance 2002
Author | : René Carmona |
Publisher | : Springer Science & Business Media |
Total Pages | : 190 |
Release | : 2003 |
Genre | : Business mathematics |
ISBN | : 9783540401933 |
Paris-Princeton Lectures on Mathematical Finance 2004
Author | : René Carmona |
Publisher | : Springer |
Total Pages | : 256 |
Release | : 2007-08-10 |
Genre | : Mathematics |
ISBN | : 3540733272 |
This is the third volume in the Paris-Princeton Lectures in Financial Mathematics, which publishes, on an annual basis, cutting-edge research in self-contained, expository articles from outstanding specialists, both established and upcoming. Coverage includes articles by René Carmona, Ivar Ekeland/Erik Taflin, Arturo Kohatsu-Higa, Pierre-Louis Lions/Jean-Michel Lasry, and Huyên Pham.
Paris-Princeton Lectures on Mathematical Finance 2003
Author | : Tomasz R. Bielecki |
Publisher | : Springer Science & Business Media |
Total Pages | : 264 |
Release | : 2004-09-09 |
Genre | : Mathematics |
ISBN | : 9783540222668 |
The Paris-Princeton Lectures in Financial Mathematics, of which this is the second volume, will, on an annual basis, publish cutting-edge research in self-contained, expository articles from outstanding - established or upcoming! - specialists. The aim is to produce a series of articles that can serve as an introductory reference for research in the field. It arises as a result of frequent exchanges between the finance and financial mathematics groups in Paris and Princeton. This volume presents the following articles: "Hedging of Defaultable Claims" by T. Bielecki, M. Jeanblanc, and M. Rutkowski; "On the Geometry of Interest Rate Models" by T. Björk; "Heterogeneous Beliefs, Speculation and Trading in Financial Markets" by J.A. Scheinkman, and W. Xiong.