Articoli correlati a Financial Engineering with Finite Elements
Sinossi
The pricing of derivative instruments has always been a highly complex and time-consuming activity. Advances in technology, however, have enabled much quicker and more accurate pricing through mathematical rather than analytical models. In this book, the author bridges the divide between finance and mathematics by applying this proven mathematical technique to the financial markets. Utilising practical examples, the author systematically describes the processes involved in a manner accessible to those without a deep understanding of mathematics.
* Explains little understood techniques that will assist in the accurate more speedy pricing of options
* Centres on the practical application of these useful techniques
* Offers a detailed and comprehensive account of the methods involved and is the first to explore the application of these particular techniques to the financial markets
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
Informazioni sull'autore
JÜRGEN TOPPER is a Manager of d-fine GmbH, Frankfurt, a company that specialises in financial and commodity risk consulting. Prior to this, he worked for the financial risk management consulting division of Arthur Andersen since 1997.
Dalla quarta di copertina
The pricing of derivative instruments has always been a highly complex and time-consuming activity. Advances in technology, however, have enabled much quicker and more accurate pricing through numerical when analytical solutions are not available.
In this book, the author bridges the divide between finance and mathematics, by applying the finite element method, a proven mathematical technique from engineering and natural sciences, to the financial models. Utilising practical examples and aided by an easy to use computer program, the author systematically describes the processes involved in a manner accessible to those without a deep understanding of mathematics.
This book is a detailed and comprehensive account of the methods involved and is the first to explore the application of these particular techniques to the financial markets.
Dal risvolto di copertina interno
The pricing of derivative instruments has always been a highly complex and time-consuming activity. Advances in technology, however, have enabled much quicker and more accurate pricing through numerical when analytical solutions are not available.
In this book, the author bridges the divide between finance and mathematics, by applying the finite element method, a proven mathematical technique from engineering and natural sciences, to the financial models. Utilising practical examples and aided by an easy to use computer program, the author systematically describes the processes involved in a manner accessible to those without a deep understanding of mathematics.
This book is a detailed and comprehensive account of the methods involved and is the first to explore the application of these particular techniques to the financial markets.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.