Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Options (Finance) --- Options (Finances)

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Options (Finance) --- Options (finances) --- Risk management. --- Gestion du risque.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Portfolio management --- Options (Finance) --- Gestion de portefeuille --- Options (Finances)

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Numerical methods for the solution of financial instrument pricing equations are fast becoming essential for practitioners of modern quantitative finance. Among the most promising of these new computational finance techniques is the finite difference method-yet, to date, no single resource has presented a quality, comprehensive overview of this revolutionary quantitative approach to risk management.Pricing Financial Instruments, researched and written by Domingo Tavella and Curt Randall, two of the chief proponents of the finite difference method, presents a logical framework for applying the method of finite difference to the pricing of financial derivatives. Detailing the algorithmic and numerical procedures that are the foundation of both modern mathematical finance and the creation of financial products-while purposely keeping mathematical complexity to a minimum-this long-awaited book demonstrates how the techniques described can be used to accurately price simple and complex derivative structures.From a summary of stochastic pricing processes and arbitrage pricing arguments, through the analysis of numerical schemes and the implications of discretization-and ending with case studies that are simple yet detailed enough to demonstrate the capabilities of the methodology- Pricing Financial Instruments explores areas that include:Pricing equations and the relationship be-tween European and American derivativesDetailed analyses of different stability analysis approachesContinuous and discrete sampling models for path dependent optionsOne-dimensional and multi-dimensional coordinate transformationsNumerical examples of barrier options, Asian options, forward swaps, and moreWith an emphasis on how numerical solutions work and how the approximations involved affect the accuracy of the solutions, Pricing Financial Instruments takes us through doors opened wide by Black, Scholes, and Merton-and the arbitrage pricing principles they introduced in the early 1970s-to pr

Partial differential equations --- Capital structure --- Options (Finance) --- Financial instruments --- Options (Finances) --- Prices --- Prix --- Prices.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Financial futures --- Options (Finance) --- Swaps (Finance) --- Marchés à terme d'instruments financiers --- Options (Finances) --- Swaps (Finances)