Könyv Numerical Partial Differential Equations in Finance Explained Karel in 'T Hout

Numerical Partial Differential Equations in Finance Explained

Szerző: Karel in 'T Hout
Nyelv: Angol
Kötés: Kemény kötésű
Elérhetőség: 50 % esély
Keressük az egész világon
15 731 Ft
This book provides a first, basic introduction into the valuation of financial options via the numer...

Információk a könyvről

Nyelv
Angol
Kötés
Könyv - Kemény kötésű
Kiadva
2017
oldal
128
EAN
9781137435682
ISBN
1137435682
Enbook ID
15490991
Súly
398
Méretek
164 x 242 x 15

Teljes leírás

This book provides a first, basic introduction into the valuation of financial options via the numerical solution of partial differential equations (PDEs). It provides readers with an easily accessible text explaining main concepts, models, methods and results that arise in this approach. In keeping with the series style, emphasis is placed on intuition as opposed to full rigor, and a relatively basic understanding of mathematics is sufficient. The book provides a wealth of examples, and ample numerical experiments are givento illustrate the theory. The main focus is on one-dimensional financial PDEs, notably the Black-Scholes equation. The book concludes with a detailed discussion of the important step towards two-dimensional PDEs in finance.

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