Numerical Partial Differential Equations in Finance Explained : An Introduction to Computational Finance

Karel In 'T Hout

ISBN 10: 1349953814 / ISBN 13: 9781349953813

Editore: Palgrave Macmillan UK, 2018

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nach der Bestellung gedruckt Neuware - Printed after ordering - This book provides a first, basic introduction into the valuation of financial options via the numerical solution of partial differential equations (PDEs). It provides readers with an easily accessible text explaining main concepts, models, methods and results that arise in this approach. In keeping with the series style, emphasis is placed on intuition as opposed to full rigor, and a relatively basic understanding of mathematics is sufficient. The book provides a wealth of examples, and ample numerical experiments are givento illustrate the theory. The main focus is on one-dimensional financial PDEs, notably the Black-Scholes equation. The book concludes with a detailed discussion of the important step towards two-dimensional PDEs in finance. Codice articolo 9781349953813

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Titolo: Numerical Partial Differential Equations in ...

Casa editrice: Palgrave Macmillan UK

Data di pubblicazione: 2018

Legatura: Taschenbuch

Condizione: Neu