Tools for Computational Finance, Third Edition

Tools for Computational Finance, Third Edition

English | True PDF | 2006 | 314 Pages | ISBN : 3540279237 | 5.35 MB

Basic principles underlying the transactions of ?nancial markets are tied to probability and statistics. Accordingly it is natural that books devoted to mathematical ?nance are dominated by stochastic methods. Only in recent years, spurred by the enormous economical success of ?nancial derivatives, a need for sophisticated computational technology has developed.
For - ample, to price an American put, quantitative analysts have asked for the numerical solution of a free-boundary partial di?erential equation. Fast and accurate numerical algorithms have become essential tools to price ?nancial derivatives and to manage portfolio risks. The required methods aggregate to the new ?eld of Computational Finance. This discipline still has an aura of mysteriousness; the ?rst specialists were sometimes called rocket scientists. So far, the emerging ?eld of computational ?nance has hardly been discussed in the mathematical ?nance literature. This book attempts to ?ll the gap. Basic principles of computational ?nance are introduced in a monograph with textbook character. The book is divided into four parts, arranged in six chapters and seven appendices. The general organization is Part I (Chapter 1): Financial and Stochastic Background Part II (Chapters 2, 3): Tools for Simulation Part III (Chapters 4, 5, 6): Partial Di?erential Equations for Options PartIV(AppendicesA1...A7):FurtherRequisitsandAdditionalMaterial.

Download:

http://longfiles.com/9v27fop39l1l/Tools_for_Computational_Finance,_Third_Edition.pdf.html

[Fast Download] Tools for Computational Finance, Third Edition


Related eBooks:
2011 Standard Catalog of World Coins 2001-Date
Essentials of Economics - Standalone book Ed 10
The Rise and Fall of the Welfare State
Principles of Accounting, 11th Edition
The Price of Global Health: Drug Pricing Strategies to Balance Patient Access and the Funding of Inn
The Law and Economics of Enforcing European Consumer Law: A Comparative Analysis of Package Travel a
Investing into North African Solar Power: A Legal Framework for Risk Management and Prospects for Ar
State-Space Methods for Time Series Analysis: Theory, Applications and Software
Green Investing: The Case of India
Verwertungsquoten von Grundpfandrechten
Der Business Discourse: Effizienz und Effektivit?t der unternehmensinternen Kommunikation
The Future of Trade Defence Instruments: Global Policy Trends and Legal Challenges
Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.