The influence of economic research on financial mathematics: Evidence from the last 25 years

TY - JOUR

T1 - The influence of economic research on financial mathematics

T2 - Evidence from the last 25 years

AU - Carmona, René

N1 - Funding Information: I want to personally thank Martin Schweizer for inviting me to contribute to this special issue, for accepting to let me write an opinion piece instead of a scientific review paper, and for patiently helping me turn my unstructured notes into a readable outcome. Publisher Copyright: © 2021, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.

PY - 2022/1

Y1 - 2022/1

N2 - This is an attempt to review some of the breakthroughs in economic research as they impacted the nascent field of financial mathematics over the last 25 years. Because of the prominent role of Finance and Stochastics in the definition of this emerging field, I try to view things through the lens of its published papers, and I try to stay away from financial engineering applications.

AB - This is an attempt to review some of the breakthroughs in economic research as they impacted the nascent field of financial mathematics over the last 25 years. Because of the prominent role of Finance and Stochastics in the definition of this emerging field, I try to view things through the lens of its published papers, and I try to stay away from financial engineering applications.

KW - Economic research

KW - Financial mathematics

KW - Nobel prize

UR - http://www.scopus.com/inward/record.url?scp=85121675090&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=85121675090&partnerID=8YFLogxK

U2 - https://doi.org/10.1007/s00780-021-00469-0

DO - https://doi.org/10.1007/s00780-021-00469-0

M3 - Article

SN - 0949-2984

VL - 26

SP - 85

EP - 101

JO - Finance and Stochastics

JF - Finance and Stochastics

IS - 1

ER -