Robert C. Merton, a pioneer of quantitative analysis, introduced stochastic calculus into the study of finance.

罗伯特·c·默顿，定量分析的先驱，将随机微积分引入金融研究。

youdao

This model offers a way for the study of finance complexity.

该模型为研究金融复杂性提供了一种思路。

youdao

On top of the devastation it wreaked on markets, jobs and human lives, the global financial crisis has turned the field of economics, and particularly the study of finance, on its head.

球金融危机给市场、就业和人们的生活带来了灾难。除此之外，它还颠覆了经济学(特别是金融研究)领域。

youdao

Over the long run, sharp traders getting out in front of these forced portfolio changes have poached at least 0.38 percentage point of annual return away from Russell 2000 index funds, estimates a new study in the Journal of Empirical Finance.

WSJ: The Intelligent Investor: The New Supercharged Index Funds

To give you an idea of how widespread the problem is, a new study to be published in the Journal of Finance and Quantitative Analysis finds that option volume in a specific stock begins to surge three days before unannounced analyst upgrades or downgrades of a company.

WSJ: Insider Trading's Smart Cheats

This is a crucial concept to the field of study known as behavioral finance.

FORBES: 5 Nobel Prize-Winning Economic Theories You Should Know About