布罗迪·休斯顿·麦克里纳（Brody Hughston Macrina）的基于信息的资产定价方法引入了一种新的方式，来研究决定金融市场价格变动的机制。由此产生的金融信息学理论适用于广泛的资产类别，其突出特点是强调对市场信息流的显式建模。在BHM理论中，每项资产都是由一组现金流定义的，每一个这样的现金流都与一系列所谓的信息过程相关联，这些过程提供了有关现金流的部分信息。该理论在直观的基础上极具吸引力：它直接适用于交易、投资和风险管理——但同时也带来了有趣的数学。本卷汇集了Brody、Hughston和Macrina关于这一主题的18篇基础论文，其中许多是与多个合作作者合作撰写的。序言概述了该理论的现状，以及该学科的简要历史和参考书目。这本书将对金融数学的新手以及该学科的知名研究人员都非常感兴趣。
Financial Informatics:An Information-Based Approach to Asset Pricing
The Brody-Hughston-Macrina approach to information-based asset pricing introduces a new way of looking at the mechanisms determining price movements in financial markets. The resulting theory of financial informatics is applicable across a wide range of asset classes and is distinguished by its emphasis on the explicit modelling of market information flows. In the BHM theory, each asset is defined by a collection of cash flows and each such cash flow is associated with a family of one or more so-called information processes that provide partial information about the cash flow. The theory is highly appealing on an intuitive basis: it is directly applicable to trading, investment and risk management – and yet at the same time leads to interesting mathematics. The present volume brings together a collection of 18 foundational papers of the subject by Brody, Hughston, and Macrina, many written in collaboration with various co-authors. There is a preface summarizing the current status of the theory, together with a brief history and bibliography of the subject. This book will be of great interest both to newcomers to financial mathematics as well as to established researchers in the subject.
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