Option pricing via path integrals: a new perspective

对金融市场研究者来说，衍生证券的风险管理是一个非常令人兴奋的挑战。这项建议所产生的知识基础将创造一个更具竞争力和更有效率的经济环境，从而使大型金融机构和澳大利亚的金融体系受益，这将不可避免地带来更多的国内生产总值(GDP)收益。此外，项目期间将开发的大量软件和数值分析工作可以转化为澳大利亚的知识产权。这将有助于促进具有国际竞争力的金融风险管理软件行业的发展。

The risk management of derivative securities is a very exciting challenge for financial market researchers. The knowledge base resulting from this proposal will benefit both large financial institutions and Australia's financial system by creating a more competitive and efficient economic environment, which will inevitably lead to more gross domestic product (GDP) gains.Furthermore a large amount of software and numerical analysis work to be developed during the project can be turned into IP for Australia. This will contribute to catalysing development of internationally competitive financial risk management software industry.