ROBERT MERTON: THE STOCK MARKET IN THE GLOBAL ECONOMIC SYSTEM

WATCH&BUY

title stock market
Economist Robert Merton, Nobel Prize Winner in 1997, reveals to us the mechanisms of the stock market and financial economy.
A journey into the complex world of finance and the stock market, including mortgage loans and derivatives, speculative bubbles and mathematical models; in a clear and precise presentation, the opportunities and risks of a fundamental instrument for understanding the evolution of the economy.

CHAPTERS:

1.    Financial economy
2.    The problem of risk
3.    Derivatives contracts and risk prevention
4.    Derivatives
5.    Banks and risk management
6.    The development of an invention
7.    The Black, Scholes and Merton model
8.    Three economists and a Nobel Prize winner
9.    The market of mortgages
10.   Derivatives and the financial crisis
11.   Possible applications: from cinema to pharmaceuticals
12.   How to determine the price of the options
13.   Elimination of risk
14.   Causes of the financial crisis
15.   Mathematical models
16.   From insurance risk to speculation
17.   Symptoms and solutions to a crisis
18.   What we learn from the past