Mathematical Modeling And Computation In Finance: With Exercises And Python And Matlab Computer Codes
Mathematical Modeling And Computation In Finance: With Exercises And Python And Matlab Computer Codes This book discusses the interplay of stochastics (applied probability theory) and numerical…
Specifikacia Mathematical Modeling And Computation In Finance: With Exercises And Python And Matlab Computer Codes
Mathematical Modeling And Computation In Finance: With Exercises And Python And Matlab Computer Codes
This book discusses the interplay of stochastics (applied probability theory) and numerical analysis in the field of quantitative finance. Financial regulation may play a role in such changes too. The stochastic models, numerical valuation techniques, computational aspects, financial products, and risk management applications presented will enable readers to progress in the challenging field of computational finance.When the behavior of financial market participants changes, the corresponding stochastic mathematical models describing the prices may also change.
As is said in the industry, "do not fall in love with your favorite model." The book covers equity models before moving to short-rate and other interest rate models. The book thus presents several models for stock prices, interest rates as well as foreign-exchange rates, with increasing complexity across the chapters.