Independent consultant with a background in theoretical physics, computer science, computer system performance analysis, statistical methods, queueing theory, information theory, simulations and modeling. Author of 3 books and professional instructor. Proficient with R and Mathematica. Currently developing some quantum information technologies.
I think there are soooo many things out there in the scientific fields that everyone is an expert in a verry narrow area..i realize that there are other researchers doing option pricing with so many different ways and i kind of worry which is the point in my research..which is correct..it seams that everyone is trying to came up with something that in the end no one uses :-((
I sound very pessimist now..
Thanks again!!
Yes!! i have heard about their company!! it is so strange that a model that cannot capture effectively the stock price behaviour is still in use by the financial industry..I started the phd working on the Merton's model that compines the Brownian motion with the jump term ( compound poisson process). Know with my professor we are working on CGMY and VG model and much better model but more chalenging in the computational aspect. Thank you again for your infomrations...i really appreciate that!
Hi! i knew about the economists and diffusion..i did not know about that application of the Levy Models. I am using them to model the jumps in the stock price path :-)
It is getting more and more complicated as i go on with the research :-) . Thanks for your comment. Regards.
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I sound very pessimist now..
Thanks again!!
It is getting more and more complicated as i go on with the research :-) . Thanks for your comment. Regards.