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

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  • René Carmona

    (Princeton University)

Abstract

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.

Suggested Citation

  • René Carmona, 2022. "The influence of economic research on financial mathematics: Evidence from the last 25 years," Finance and Stochastics, Springer, vol. 26(1), pages 85-101, January.
    • Handle: RePEc:spr:finsto:v:26:y:2022:i:1:d:10.1007_s00780-021-00469-0
    DOI: 10.1007/s00780-021-00469-0
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    More about this item

    Keywords

    Financial mathematics; Economic research; Nobel prize;
    All these keywords.

    JEL classification:

    • B26 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Financial Economics
    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods
    • N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative

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