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A Survey on Banking and Financial Markets: Lessons for Financial Engineering
Hyeng Keun Koo, ChongSeok Hyun
127 - 149
10.3233/978-1-60750-835-9-127
Studies in Probability, Optimization and Statistics
Volume 4: New Trends in Financial Engineering
Abstract

In this chapter we will review the history and theory of banking and financial markets in an attempt to draw lessons for theory and practice of financial engineering. In particular we will investigate how the development of financial engineering changed banks and financial markets. There has been a very fruitful development of theories of banking and financial markets as applications of information economics. We will discuss the possibility of linking the theories to financial engineering.

$35.00 / €27.50 / £22.00
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