ANALYZING THE APPLICATIONS OF GENERATING FUNCTIONS AND SPECIAL FUNCTIONS IN FINANCIAL MATHEMATICS AND RISK MANAGEMENT

Authors:

K Deepika, Dr. Rajeev Kumar

Page No: 412-416

Abstract:

Generating functions and special functions have emerged as powerful mathematical tools with numerous applications in financial mathematics and risk management. This research paper provides an in-depth analysis of the utilization of generating functions and special functions in modeling financial data, assessing risk, and enhancing decision-making in the field of finance. The study explores the theoretical foundations of generating functions and special functions, their relevance in financial contexts, and their potential to improve risk management strategies. Real-world case studies are presented to illustrate the practical applications of these mathematical tools in financial scenarios

Description:

Function, Tools, Mathematics, and Applications

Volume & Issue

Volume-10,ISSUE-11

Keywords

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