Numerical Partial Differential Equations in Finance Explained

An Introduction to Computational Finance

Business & Finance, Finance & Investing, Finance
Cover of the book Numerical Partial Differential Equations in Finance Explained by Karel in 't Hout, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Karel in 't Hout ISBN: 9781137435699
Publisher: Palgrave Macmillan UK Publication: September 2, 2017
Imprint: Palgrave Macmillan Language: English
Author: Karel in 't Hout
ISBN: 9781137435699
Publisher: Palgrave Macmillan UK
Publication: September 2, 2017
Imprint: Palgrave Macmillan
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Palgrave Macmillan UK

Cover of the book Constitutive Justice by Karel in 't Hout
Cover of the book Environmental Taxes and Fiscal Reform by Karel in 't Hout
Cover of the book Traditional Chinese Thinking on HRM Practices by Karel in 't Hout
Cover of the book Chinese Overseas Students and Intercultural Learning Environments by Karel in 't Hout
Cover of the book Prime Ministers in Power by Karel in 't Hout
Cover of the book The Influence of Islamic Values on Management Practice by Karel in 't Hout
Cover of the book Trade Strategy in East Asia by Karel in 't Hout
Cover of the book Deleuze and Beckett by Karel in 't Hout
Cover of the book Landscape and Literature 1830-1914 by Karel in 't Hout
Cover of the book Environmental Innovation and Firm Performance by Karel in 't Hout
Cover of the book Brand Breakout by Karel in 't Hout
Cover of the book Ageing, Narrative and Identity by Karel in 't Hout
Cover of the book Transformation of the Employment Structure in the EU and USA, 1995-2007 by Karel in 't Hout
Cover of the book Reading London's Suburbs by Karel in 't Hout
Cover of the book The Global Football League by Karel in 't Hout
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy