Return to search

Essays in mathematical finance and in the epistemology of finance / Essais en finance mathématique et en épistémologie de la finance

The goal of this thesis in finance is to combine the use of advanced mathematical methods with a return to foundational economic issues. In that perspective, I study generalized rational expectations and asset pricing in Chapter 2, and a converse comparison principle for backward stochastic differential equations with jumps in Chapter 3. Since the use of stochastic methods in finance is an interesting and complex issue in itself - if only to clarify the difference between the use of mathematical models in finance and in physics or biology - I also present a philosophical reflection on the interpretation of mathematical models in finance (Chapter 4). In Chapter 5, I conclude the thesis with an essay on the history and interpretation of mathematical probability - to be read while keeping in mind the fundamental role of mathematical probability in financial models. / Doctorat en Sciences économiques et de gestion / info:eu-repo/semantics/nonPublished

Identiferoai:union.ndltd.org:ulb.ac.be/oai:dipot.ulb.ac.be:2013/209938
Date19 May 2011
CreatorsDe Scheemaekere, Xavier
ContributorsPirotte, Hugues, Szafarz, Ariane, Gassner, Marjorie, Patie, Pierre, Delbaen, Freddy, Deelstra, Griselda, Jeanblanc, Monique
PublisherUniversite Libre de Bruxelles, Université libre de Bruxelles, Faculté Solvay Brussels School of Economics and Management, Bruxelles
Source SetsUniversité libre de Bruxelles
LanguageEnglish
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/doctoralThesis, info:ulb-repo/semantics/doctoralThesis, info:ulb-repo/semantics/openurl/vlink-dissertation
Format1 v. (65 p.), No full-text files

Page generated in 0.0023 seconds