21-260: Dfield and Wiley Support

First, the dfield applet I used in class today is available from this site.

Second, you can contact WileyPLUS customer support to submit a question or use their live chat feature. This should help you get the help you need in a more timely fashion.

21-260: Week #2

The reading and homework assignments for Week #2 have been posted. You can follow the link from the Schedule page.

21-370: Week #2

The reading assignment for Week #1 and the reading and homework assignments for Week #2 are now posted. You can follow the links from the Schedule page.

21-370: The Textbook is Available

I've heard reports that the textbook, Stochastic Calculus for Finance I: The Binomial Asset Pricing Model by Steven E. Shreve, is now in stock at the bookstore.

Nature By Numbers

Boing Boing highlights this
Dreamlike animation illustrating Fibonacci sequence, Golden Ratio, and more.

Nash Distinguished Lecture Series

The Duality of Money - Walter Schachermayer

Noted mathematician Walter Schachermayer will give this year's Nash Lecture, titled "The Duality of Money." According to Schachermayer, the dual relationship between goods and their prices is a classical idea in economics. In his lecture, he will discuss current research on duality in modern and complex financial markets. Schachermayer is best known for combining functional analysis and stochastic analysis in the field of financial mathematics. He, with fellow mathematician Freddy Delbaen, proved the Fundamental Theorem of Asset Pricing in its general form. This theorem, first conjectured by economists in the 1970s, explains the relationship between the absence of arbitrage in financial markets and the existence of a probability measure that can be used to price derivative securities. Later, Schachermayer and Carnegie Mellon Professor Dmitry Kramkov established the definitive methodology for using duality to solve the problem of optimal investment in incomplete markets.

The talk will be at 4:30pm on Tuesday, September 7, in the Rashid Auditorium in the Hillman Center.

21-260: Fall 2010

Welcome to 21-260 for the Fall 2010 semester. I'll use this blog as a means to distribute information and notifications for the class. More information can be found on the 21-260 Website. This site has information about lectures, recitations, schedules and more. There is also a Blackboard site for the course. I'll mainly use Blackboard to post grades and distribute solutions. You will also be using the WileyPLUS site to complete some required assignments.