Computational Methods for Quantitative Finance

Norbert Hilber

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Language: English

Published by Springer Berlin Heidelberg Mrz 2015, 2015

3642435327 / 9783642435324

Series: Book 42 of 53 - Springer Finance

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -Many mathematical assumptions on which classical derivative pricing methods are based have come under scrutiny in recent years. The present volume offers an introduction to deterministic algorithms for the fast and accurate pricing of derivative contracts in modern finance. This unified, non-Monte-Carlo computational pricing methodology is capable of handling rather general classes of stochastic market models with jumps, including, in particular, all currently used Lévy and stochastic volatility models. It allows us e.g. to quantify model risk in computed prices on plain vanilla, as well as on various types of exotic contracts. The algorithms are developed in classical Black-Scholes markets, and then extended to market models based on multiscale stochastic volatility, to Lévy, additive and certain classes of Feller processes. This book is intended for graduate students and researchers, as well as for practitioners in the fields of quantitative finance and applied and computational mathematics with a solid background in mathematics, statistics or economics. 316 pp. Englisch.

Seller Inventory # 9783642435324

Title
Computational Methods for Quantitative Finance
Author
Norbert Hilber
Publisher
Springer Berlin Heidelberg Mrz 2015
Publication year
2015
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3642435327
ISBN 13
9783642435324
Item weight
482 grams
Dimensions
235x155x18 mm
Series
Book 42 of 53: Springer Finance

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

Shipping rates from Germany to U.S.A.

Item5 to 15 business days5 to 15 business days
First itemUS$ 26.39US$ 26.39
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BuchWeltWeit Ludwig Meier e.K.

Germany