Tel Aviv University - Applied Mathematics Seminar Date: Tuesday May 07, 2013, 15:10 Place: Schreiber Bldg, Room 309 Speaker: Uri Itai Title: Introduction to option pricing Abstract: In recent years the field of mathematical finance has attracted a lot of attention from both traders and mathematicians. In 1973 Black and Scholes introduced the "no arbitrage principle" and deduced from it the Black-Scholes formula. In this introductory talk we will introduce the basic structure of the options' market, explain the "no arbitrage principle" and deduce the Black-Scholes equation and formula. This is a tutorial talk on the topic. No prior knowledge is required. Webpage of the applied mathematics seminar: <https://sites.google.com/site/tauamathseminar/> ______________________________________________________________________ Dr. Yoel Shkolnisky Department of Applied Mathematics School of Mathematical Sciences phone: 972-3-640-8705 Tel Aviv University, fax : 972-3-640-9357 Tel Aviv, 69978 Israel email: <yoelsh@post.tau.ac.il> ______________________________________________________________________ --------------------------------------------------------- Technion Math Net-2 (TECHMATH2) Editor: Michael Cwikel <techm@math.technion.ac.il> Announcement from: Yoel Shkolnisky <yoelsh@post.tau.ac.il>