From the problem of the points to value an option, then no one knows: a Journey whitout ending

This article seeks to commemorate the 100th anniversary of Japanese Kiyosi Itô’s (1915-2008) birth, whose research in the field of mathematics has had an unexpected impact on different areas of human life, for example, biology, economics, engineering, finance and physics. This essay, rather than car...

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Autores:
Avellaneda Hortua, Mauricio
Tipo de recurso:
Article of journal
Fecha de publicación:
2016
Institución:
Universidad Externado de Colombia
Repositorio:
Biblioteca Digital Universidad Externado de Colombia
Idioma:
spa
OAI Identifier:
oai:bdigital.uexternado.edu.co:001/7549
Acceso en línea:
https://bdigital.uexternado.edu.co/handle/001/7549
https://doi.org/10.18601/17941113.n10.03
Palabra clave:
History of modern finance
history of contingent pricing
Rights
openAccess
License
http://purl.org/coar/access_right/c_abf2
Description
Summary:This article seeks to commemorate the 100th anniversary of Japanese Kiyosi Itô’s (1915-2008) birth, whose research in the field of mathematics has had an unexpected impact on different areas of human life, for example, biology, economics, engineering, finance and physics. This essay, rather than carry out a detail review of the different jobs that Itô has made throughout his lifetime, intends to make a tribute to some researchers and their developments from the past. Researchers, whose work sometimes remained forgotten for a while and thanks to a new stream of researchers interested in history and the stories of the development of finance knowledge, rediscovered and brought it again to light. As a consequence of this archeological work, it would be possible for a new wave of researchers to analyze their progress and may be find unanticipated applications to such efforts.