Computational Methods in Finance PDF
By:Ali Hirsa
Published on 2016-04-19 by CRC Press
As today’s financial products have become more complex, quantitative analysts, financial engineers, and others in the financial industry now require robust techniques for numerical analysis. Covering advanced quantitative techniques, Computational Methods in Finance explains how to solve complex functional equations through numerical methods. The first part of the book describes pricing methods for numerous derivatives under a variety of models. The book reviews common processes for modeling assets in different markets. It then examines many computational approaches for pricing derivatives. These include transform techniques, such as the fast Fourier transform, the fractional fast Fourier transform, the Fourier-cosine method, and saddlepoint method; the finite difference method for solving PDEs in the diffusion framework and PIDEs in the pure jump framework; and Monte Carlo simulation. The next part focuses on essential steps in real-world derivative pricing. The author discusses how to calibrate model parameters so that model prices are compatible with market prices. He also covers various filtering techniques and their implementations and gives examples of filtering and parameter estimation. Developed from the author’s courses at Columbia University and the Courant Institute of New York University, this self-contained text is designed for graduate students in financial engineering and mathematical finance as well as practitioners in the financial industry. It will help readers accurately price a vast array of derivatives.
This Book was ranked at 14 by Google Books for keyword Insurance Risk Management novel.
Book ID of Computational Methods in Finance's Books is kYnNBQAAQBAJ, Book which was written byAli Hirsahave ETAG "20elIBXtgjE"
Book which was published by CRC Press since 2016-04-19 have ISBNs, ISBN 13 Code is 9781466576049 and ISBN 10 Code is 1466576049
Reading Mode in Text Status is false and Reading Mode in Image Status is true
Book which have "444 Pages" is Printed at BOOK under CategoryBusiness and Economics
Book was written in en
eBook Version Availability Status at PDF is true and in ePub is false
Book Preview
Download Computational Methods in Finance PDF Free
Download Computational Methods in Finance Books Free
Download Computational Methods in Finance Free
Download Computational Methods in Finance PDF
Download Computational Methods in Finance Books
No comments:
Post a Comment