000			02314 a2200277 4500
003			OSt
005			20250106120535.0
008			250103b xxu||||| |||| 00| 0 eng d
020			_a9781447173373
040			_cIIT Kanpur
041			_aeng
082			_a332.015195 _bSe94t6
100			_aSeydel, Rudiger U.
245			_aTools for compuational finance [6th ed.] _cRudiger U. Seydel
250			_a6th ed.
260			_bSpringer _c2017 _aLondon
300			_axxii, 486p
440			_aUniversitext
490			_a/ edited by Sheldon Axler ...[et al.]
520			_a Computational and numerical methods are used in a number of ways across the field of finance. It is the aim of this book to explain how such methods work in financial engineering. By concentrating on the field of option pricing, a core task of financial engineering and risk analysis, this book explores a wide range of computational tools in a coherent and focused manner and will be of use to anyone working in computational finance. Starting with an introductory chapter that presents the financial and stochastic background, the book goes on to detail computational methods using both stochastic and deterministic approaches. Now in its sixth edition, Tools for Computational Finance has been significantly revised and contains: Several new parts such as a section on extended applications of tree methods, including multidimensional trees, trinomial trees, and the handling of dividends; Additional material in the field of generating normal variates with acceptance-rejection methods, and on Monte Carlo methods; 115 exercises, and more than 100 figures, many in color. Written from the perspective of an applied mathematician, all methods are introduced for immediate and straightforward application. A ‘learning by calculating’ approach is adopted throughout this book, enabling readers to explore several areas of the financial world. Interdisciplinary in nature, this book will appeal to advanced undergraduate and graduate students in mathematics, engineering, and other scientific disciplines as well as professionals in financial engineering.
650			_aFinance -- Mathematical models
650			_aFinance
650			_aNumerical analysis
650			_aMathematics
942			_cBK
999			_c567321 _d567321