eBook - PDF

Numerical Partial Differential Equations in Finance Explained

Name: Numerical Partial Differential Equations in Finance Explained
ISBN: 9781137435699

An Introduction to Computational Finance

Karel in 't Hout,

English
PDF
Available on iOS & Android

eBook - PDF

Numerical Partial Differential Equations in Finance Explained

An Introduction to Computational Finance

Karel in 't Hout,

About this book

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.

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Yes, you can access Numerical Partial Differential Equations in Finance Explained by Karel in 't Hout in PDF and/or ePUB format, as well as other popular books in Business & Financial Engineering. We have over one million books available in our catalogue for you to explore.