TITLE:
On the Emergence, Development and Prospect of Financial Mathematics
AUTHORS:
Xiaogang Yang
KEYWORDS:
Financial Mathematics, Emergence, Development, Prospect
JOURNAL NAME:
Modern Economy,
Vol.8 No.9,
September
25,
2017
ABSTRACT: Since
its emergence in 1980s, financial mathematics has developed into an
interdisciplinary subject with independent theoretical system. On the one hand,
financial mathematics has become the key technology that can be seen everywhere
in finance. On the other hand, the development of Finance provides an important
platform for the application of mathematics. The purpose of this paper is to
analyze and summarize the emergence and development of financial mathematics,
and to analyze the future of financial mathematics.