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Numerical Partial Differential Equations in Finance Explained: A n Introduction to Computational Finance (Hardback)

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NUMERICAL PARTIAL DIFFERENTIAL EQUATIONS IN FINANCE EXPLAINED: AN INTRODUCTION TO COMPUTATIONAL FINANCE (HARDBACK)

To get Num er ica l Pa r tia l Di er entia l Equa tions in Fina nce Expla ined: An Intr oduction to Com puta tiona l Fina nce (Ha r dba ck) eBook, remember to follow the web link under and download the ebook or have access to additional information that are in conjuction with NUMERICAL PARTIAL DIFFERENTIAL EQUATIONS IN FINANCE EXPLAINED: AN INTRODUCTION TO COMPUTATIONAL FINANCE (HARDBACK) ebook. Palgrave MacMillan, United Kingdom, 2017. Hardback. Condition: New. 1st ed. 2017. Language: English . Brand New Book. This book provides a first, basic introduction into the valuation of financial options via the numerical solution of partial di erential 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 su icient. 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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