Ethics in Quantitative Finance

Systematically explains the ethical underpinnings of the activities of financial markets
Blends history, ethics, economics and mathematics
Discusses the ethics of financial economics
Presents a pragmatic theory that can be immediately applied in practice

Autorentext

Dr Timothy C Johnson is an Assistant Professor in the School of Mathematical & Computer Sciences; Actuarial Mathematics and Statistics at Heriot-Watt University, Scotland. He has a PhD in financial mathematics from King's College London, a BSc in physics from Imperial College, London, and a MSc in financial mathematics from King's College London. Prior to studying for his BSc he worked in the energy industry for 16 years. Timothy joined Heriot-Watt in September 2006 as the UK Research Council's Academic Fellow in Financial Mathematics where he is responsible for trying to explain the science of financial mathematics to the general public. His research interests are in the field of optimal decision making under uncertainty, focusing on optimal stochastic control.

Inhalt
Chapter1 The genesis of money and its impact.- Chapter2 Finance and ethics in medieval Europe.- Chapter3 Finance, mathematics and the foundations of modernity.- Chapter4 The philosophical basis of modernity.- Chapter5 The financial revolution of the late seventeenth century.- Chapter6 The Enlightenment and l'homme éclair.- Chapter7 Practical mathematics: the development of probability theory.- Chapter8 The emergence Homo economicus in the nineteenth century.- Chapter9 The ascendency of Financial Economics.- Chapter10 The Fundamental Theorem of Asset Pricing.- Chapter11 Two women and a duck: a pragmatic theory of markets.- Chapter12 Some implications of a pragmatic approach to finance.