Tools for Computational Finance (Universitext) - Softcover

Seydel, Rüdiger U.

Softcover

ISBN 10: 3540929282 ISBN 13: 9783540929284

Publisher: Springer, 2009

Synopsis

Tools for Computational Finance offers a clear explanation of computational issues arising in financial mathematics. The new third edition is thoroughly revised and significantly extended, including an extensive new section on analytic methods, focused mainly on interpolation approach and quadratic approximation. Other new material is devoted to risk-neutrality, early-exercise curves, multidimensional Black-Scholes models, the integral representation of options and the derivation of the Black-Scholes equation. New figures, more exercises, and expanded background material make this guide a real must-to-have for everyone working in the world of financial engineering.

About this title

From the Back Cover

This book is very easy to read and one can gain a quick snapshot of computational issues arising in financial mathematics. Researchers or students of the mathematical sciences with an interest in finance will find this book a very helpful and gentle guide to the world of financial engineering. SIAM review (46, 2004). The fourth edition is thoroughly revised and extended. Major revisions concern topics like calibration, Monte Carlo Methods, American options, exotic options and Algorithms for Bermuda Options. New figures, more exercises, more background material make this guide to the world of financial engineering a real must-to-have for everyone working in FE.

Edition details

• Publisher: Springer
• Publication date: 2009
• Language: English
• ISBN 10: 3540929282
• ISBN 13: 9783540929284
• Binding: Paperback
• Edition number: 4
• Number of pages: 357