tag:blogger.com,1999:blog-5880610.post2853866802866308109..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Derivatives historySteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5880610.post-191479515313912562012-03-26T09:24:23.484-04:002012-03-26T09:24:23.484-04:00For the lay person, the Black-Scholes model is exp...For the lay person, the Black-Scholes model is explained at http://black-scholes.co.ukbinaryoptionsbinairesnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-21798841605119365992012-03-12T05:46:10.940-04:002012-03-12T05:46:10.940-04:00Check out http://en.wikipedia.org/wiki/Louis_Bache...Check out http://en.wikipedia.org/wiki/Louis_Bachelier<br /><br />Seventy three years before Black and Scholes wrote their famous paper in 1973 [5], Bachelier had derived the price of an option where the share price movement is modelled by a Wiener process and derived the price of what is now called a barrier option (namely the option which depends on whether the share price crosses a barrier). Jason Tiggnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-88429712124423967702012-03-03T20:22:32.197-05:002012-03-03T20:22:32.197-05:00Ed Throp also detected Madoff was a fraud before e...Ed Throp also detected Madoff was a fraud before everyone else, and withdrew his money from Madoff's fund.Al_Linoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-38205091765730216112012-03-03T14:57:50.304-05:002012-03-03T14:57:50.304-05:00In Niall Ferguson's book "The Ascent of M...In Niall Ferguson's book "The Ascent of Money", he discussed the Dutch "nascent futures market" (for VOC shares) that was operating in 1611.Teich50noreply@blogger.com