
Financial Networks
Statics and Dynamics
Springer (Publisher)
Published on 16. October 2012
Book
Paperback/Softback
XV, 494 pages
978-3-642-63835-0 (ISBN)
Description
Financial analysis is concerned with the study of capital flows over time and space. This book presents a new theory of multi-sector, multi-instrument financial systems based on the visualization of such systems as networks. The framework is both qualitative and computational and depends crucially on the methodologies of finite-dimensional variational inequality theory for the study of statics and equilibrium states and on projected dynamical systems for the study of dynamics and disequilibrium behavior. Moreover, it adds a graphical dimension to the fundamental economic structure of financial systems and their evolution through time.
More details
Series
Edition
Softcover reprint of the original 1st ed. 1997
Language
English
Place of publication
Berlin
Germany
Publishing group
Springer Berlin
Target group
Professional and scholarly
Research
Illustrations
XV, 494 p.
Dimensions
Height: 235 mm
Width: 155 mm
Thickness: 28 mm
Weight
774 gr
ISBN-13
978-3-642-63835-0 (9783642638350)
DOI
10.1007/978-3-642-59066-5
Schweitzer Classification
Other editions
Additional editions

Book
07/1997
1st Edition
Springer
€133.70
Article exhausted; check different version
Persons
Anna Nagurney is the Eugene M. Isenberg Chair in Integrative Studies and was appointed to this endowed chaired professorship in the Department of Operations and Information Management in the Isenberg School of Management at the University of Massachusetts Amherst on April 14, 2021. Prior to that, she was the John F. Smith Memorial Professor of Operations Management, since 1998. She is also the Founding Director of the Virtual Center for Supernetworks and the Supernetworks Laboratory for Computation and Visualization at UMass Amherst. She is an Affiliated Faculty Member of the Department of Civil and Environmental Engineering and the Department of Mechanical and Industrial Engineering at UMass Amherst. She received her AB, ScB, ScM, and PhD degrees from Brown University in Providence, Rhode Island. She devotes her career to education and research that combines operations research / management science, engineering, and economics. Her focus is the applied and theoretical aspects of network systems, particularly in the areas of transportation and logistics, critical infrastructure, and in economics and finance. She has authored or co-authored 12 other books, more than 200 refereed journal articles and over 50 book chapters. In 2020, Professor Anna Nagurney was awarded the Harold Larnder Prize from the Canadian Operational Research Society and was selected to be a 2022 IFORS Distinguished Lecturer.
Content
I Background.- 1 Introduction and Overview.- 2 Foundations of Financial Economics.- II Methodological Foundations.- 3 Variational Inequalities.- 4 Projected Dynamical Systems.- 5 Nonlinear Networks.- III Single Country Models.- 6 Static Single Country Models.- 7 Static Single Country Hedging Models.- 8 Dynamic Single Country Models.- 9 Static Imperfect Market Models.- 10 Dynamic Imperfect Market Models.- IV International Models.- 11 International Financial Models.- 12 International Models with Hedging.- 13 Imperfect Market Models.- V Flow of Funds and Estimation.- 14 Flow of Funds Models.- VI Empirical Results.- 15 Empirical Analysis.- A Linear Algebra and Analysis.- A.1 Linear Algebra.- A.1.1 Vectors.- A.1.2 Matrices.- A.2 Real Analysis.- A.2.1 Sets.- A.2.2 Functions.- A.3 Optimization.- A.3.1 Karush-Kuhn-Tucker Optimization Conditions.- B Probability.- B.1 Probability Theory.- B.1.1 Random Variables and Probability Distributions.- B.1.2 Expectations of a Random Variable.- B.1.2.1 Normal Distribution.- B.1.2.2 Joint Distributions.- C Black and Scholes Model.- List of Figures.- List of Tables.