| Numerical Methods in Finance Contributor(s): Rogers, L. C. G. (Editor), Talay, D. (Editor) |
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ISBN: 0521061695 ISBN-13: 9780521061698 Publisher: Cambridge University Press OUR PRICE: $69.34 Product Type: Paperback - Other Formats Published: April 2008 Annotation: Numerical Methods in Finance describes a wide variety of numerical methods used in financial analysis. |
| Additional Information |
| BISAC Categories: - Mathematics | Mathematical Analysis - Business & Economics | Finance - General |
| Dewey: 332.015 |
| Series: Publications of the Newton Institute |
| Physical Information: 0.76" H x 6" W x 9" (1.10 lbs) 340 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Numerical methods in finance has recently emerged as a new discipline at the intersection of probability theory, finance and numerical analysis. This book describes a wide variety of numerical methods used in financial analysis: computation of option prices, especially American option prices, by finite difference and other methods; numerical solution of portfolio management strategies; statistical procedures, identification of models; Monte Carlo methods; and numerical implications of stochastic volatilities. Lucid and concise, it covers both mathematical matters and practical issues in numerical problems. This book is an ideal resource for economists, probabilists and applied mathematicians working in finance. |