9780123756626: Numerical Methods and Optimization in Finance
View all copies of this ISBN edition:
 
 

This book describes computational finance tools. It covers fundamental numerical analysis and computational techniques, such as option pricing, and gives special attention to simulation and optimization. Many chapters are organized as case studies around portfolio insurance and risk estimation problems.  In particular, several chapters explain optimization heuristics and how to use them for portfolio selection and in calibration of estimation and option pricing models. Such practical examples allow readers to learn the steps for solving specific problems and apply these steps to others. At the same time, the applications are relevant enough to make the book a useful reference. Matlab and R sample code is provided in the text and can be downloaded from the book's website.

  • Shows ways to build and implement tools that help test ideas
  • Focuses on the application of heuristics; standard methods receive limited attention
  • Presents as separate chapters problems from portfolio optimization, estimation of econometric models, and calibration of option pricing models

"synopsis" may belong to another edition of this title.

About the Author:
Manfred Gilli is Professor emeritus at the Geneva School of Economics and Management at the University of Geneva, Switzerland, where he has taught numerical methods in economics and finance. He is also a Faculty member of the Swiss Finance Institute, a member of the Advisory Board of Computational Statistics and Data Analysis, and a member of the editorial board of Computational Economics. He formerly served as president of the Society for Computational Economics.

Dietmar Maringer is Professor of Computational Economics and Finance at the University of Basel, Switzerland, and a faculty member at the Geneva School of Economics and Management. His research interests include non-deterministic methods such as heuristic optimization and simulations, computational learning, and empirical methods, typically with applications in trading, risk, and financial management.

Enrico Schumann holds a Ph.D. in econometrics, an MSC in economics, and a BA in economics and law. He has written on numerical methods and their application in finance, with a focus on asset allocation. His research interests include quantitative investment strategies and portfolio construction, computationally-intensive methods (in particular, optimization), and automated data processing and analysis.
Review:

"This book aims at providing guidance which is practical and useful for practitioners in finance with emphasis on computational techniques which are manageable by modern day desktop personal computers’ processing power when building, testing, comparing and using mathematical and econometric models of finance in the pursuit of analysis of actual financial market data in day to day activities of financial analysts, be they students of courses in finance programs or analysts in financial institutions."--Zentralblatt MATH 2012-1236-91001 "With as much rigor as can be mastered by anyone in the still-developing field of computational finance and a sense of humor, the authors unravel its mysteries. The presentations are clear and the models are practical --- these are the two ingredients that make for a valuable book in this field. The book is both practical in scope and rigorous on its theoretical foundations. It  is a must for anyone who needs to apply quantitative methods for financial planning --- and who doesn’t need to in our days?"--Stavros A. Zenios, University of Cyprus and the Wharton Financial Institutions Center "Numerical Methods and Optimization in Finance is an excellent introduction to computational science. The combination of methodology, software, and examples allows the reader to quickly grasp and apply serious computational ideas."--Kenneth L. Judd, Hoover Institution, Stanford University

"About this title" may belong to another edition of this title.

  • PublisherAcademic Press
  • Publication date2011
  • ISBN 10 0123756626
  • ISBN 13 9780123756626
  • BindingHardcover
  • Edition number1
  • Number of pages600

Top Search Results from the AbeBooks Marketplace

International Edition
International Edition

Gilli, Manfred; Maringer, Dietmar; Schumann, Enrico
Published by Academic Press (2011)
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Soft cover Quantity: 20
International Edition
Seller:
Sizzler Texts
(South Pasadena, CA, U.S.A.)

Book Description Soft cover. Condition: New. Dust Jacket Condition: New. 1st Edition. **INTERNATIONAL EDITION** Read carefully before purchase: This book is the international edition in mint condition with the different ISBN and book cover design, the major content is printed in full English as same as the original North American edition. The book printed in black and white, generally send in twenty-four hours after the order confirmed. All shipments go through via USPS/UPS/DHL with tracking numbers. Great professional textbook selling experience and expedite shipping service. Seller Inventory # ABE-10731495282

More information about this seller | Contact seller

Buy New
US$ 49.95
Convert currency

Add to Basket

Shipping: US$ 9.99
Within U.S.A.
Destination, rates & speeds
International Edition
International Edition

Gilli, Manfred, and Maringer, Dietmar, and Schumann, Enrico
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Trade paperback Quantity: > 20
International Edition
Seller:
Aideo Books
(San Marino, CA, U.S.A.)

Book Description Trade paperback. Condition: New in new dust jacket. First edition. ***INTERNATIONAL EDITION*** Read carefully before purchase: This book is the international edition in mint condition with the different ISBN and book cover design, the major content is printed in full English as same as the original North American edition. The book printed in black and white, generally send in twenty-four hours after the order confirmed. All shipments contain tracking numbers. Great professional textbook selling experience and expedite shipping service. Glued binding. Paper over boards. 584 p. Contains: Maps, Figures. Audience: General/trade. Seller Inventory # K5250000445

More information about this seller | Contact seller

Buy New
US$ 59.97
Convert currency

Add to Basket

Shipping: US$ 4.95
Within U.S.A.
Destination, rates & speeds
Stock Image

Gilli, Manfred; Maringer, Dietmar; Schumann BA In Economics And Law. MSC In Economics. Ph.D. In Econometrics., Enrico
Published by Lala Maurizio (2011)
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Hardcover Quantity: > 20
Print on Demand
Seller:
Brook Bookstore On Demand
(Napoli, NA, Italy)

Book Description Condition: new. Questo è un articolo print on demand. Seller Inventory # c00060bc1f87f767d48cc334b58f5829

More information about this seller | Contact seller

Buy New
US$ 92.58
Convert currency

Add to Basket

Shipping: US$ 12.03
From Italy to U.S.A.
Destination, rates & speeds
Stock Image

Manfred Gilli,Dietmar Maringer,Enrico Schumann
Published by Academic Press 2011-06-12 (2011)
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Hardcover Quantity: > 20
Seller:
Chiron Media
(Wallingford, United Kingdom)

Book Description Hardcover. Condition: New. Seller Inventory # 6666-ELS-9780123756626

More information about this seller | Contact seller

Buy New
US$ 89.81
Convert currency

Add to Basket

Shipping: US$ 18.91
From United Kingdom to U.S.A.
Destination, rates & speeds
Stock Image

Gilli, Manfred/ Maringer, Dietmar/ Schumann, Enrico
Published by Academic Pr (2011)
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Hardcover Quantity: 2
Seller:
Revaluation Books
(Exeter, United Kingdom)

Book Description Hardcover. Condition: Brand New. 1st edition. 600 pages. 9.10x6.20x1.10 inches. In Stock. Seller Inventory # __0123756626

More information about this seller | Contact seller

Buy New
US$ 105.59
Convert currency

Add to Basket

Shipping: US$ 12.62
From United Kingdom to U.S.A.
Destination, rates & speeds
Stock Image

Manfred Gilli
Published by Academic Press (2011)
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Hardcover Quantity: > 20
Print on Demand
Seller:
Ria Christie Collections
(Uxbridge, United Kingdom)

Book Description Condition: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book. Seller Inventory # ria9780123756626_lsuk

More information about this seller | Contact seller

Buy New
US$ 116.85
Convert currency

Add to Basket

Shipping: US$ 12.59
From United Kingdom to U.S.A.
Destination, rates & speeds
Stock Image

Manfred Gilli
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Hardcover Quantity: > 20
Print on Demand
Seller:
THE SAINT BOOKSTORE
(Southport, United Kingdom)

Book Description Hardback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Seller Inventory # C9780123756626

More information about this seller | Contact seller

Buy New
US$ 139.19
Convert currency

Add to Basket

Shipping: US$ 11.29
From United Kingdom to U.S.A.
Destination, rates & speeds
Seller Image

Gilli, Manfred|Maringer, Dietmar|Schumann, Enrico
Published by Academic Press (2011)
ISBN 10: 0123756626 ISBN 13: 9780123756626
New Hardcover Quantity: > 20
Seller:
moluna
(Greven, Germany)

Book Description Condition: New. This book describes computational finance tools. It covers fundamental numerical analysis and computational techniques, such as option pricing, and gives special attention to simulation and optimization. Many chapters are organized as case studies around. Seller Inventory # 897394180

More information about this seller | Contact seller

Buy New
US$ 149.62
Convert currency

Add to Basket

Shipping: US$ 52.97
From Germany to U.S.A.
Destination, rates & speeds