Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Pricing Derivatives Under Lvy Models

Pricing Derivatives Under Lvy Models

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9781493967926
Condition
New
Product Description

This monograph presents a novel numerical approach to solving partial integro-differential equations arising in asset pricing models with jumps, which greatly exceeds the efficiency of existing approaches. The method, based on pseudo-differential operators and several original contributions to the theory of finite-difference schemes, is new as applied to the Lvy processes in finance, and is herein presented for the first time in a single volume. The results within, developed in a series of research papers, are collected and arranged together with the necessary background material from Lvy processes, the modern theory of finite-difference schemes, the theory of M-matrices and EM-matrices, etc., thus forming a self-contained work that gives the reader a smooth introduction to the subject. For readers with no knowledge of finance, a short explanation of the main financial terms and notions used in the book is given in the glossary. The latter part of the book demonstrates the efficacy of the method by solving some typical problems encountered in computational finance, including structural default models with jumps, and local stochastic volatility models with stochastic interest rates and jumps. The author also adds extra complexity to the traditional statements of these problems by taking into account jumps in each stochastic component while all jumps are fully correlated, and shows how this setting can be efficiently addressed within the framework of the new method. Written for non-mathematicians, this book will appeal to financial engineers and analysts, econophysicists, and researchers in applied numerical analysis. It can also be used as an advance course on modern finite-difference methods or computational finance.

Available Colors
Available Sizes
1 Offer Price Range: $69.99 - $69.99
BEST PRICE

Single Product Purchase

$69.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$69.99 $69.99

$69.99
See Site In stock Visit Store

Similar Products

Disks and Outflows Around Young Stars

$84.99

Ella Enchanted

$7.46

Vom Wert der Wissenschaft und vom Nutzen der Forschung

$44.99

How to Draw Amazing Animals - Paperback

$6.99

The Indian Metamorphosis

$54.99

Wie das Zebra zu seinen Streifen kommt

$49.99

Probabilistic Mapping of Spatial Motion Patterns for Mobile Robots

$129.99

Die Voraussetzungen eines Deutschen Leuchtlmonopols

$59.99

New Horizons of Parallel and Distributed Computing

$169.99

Bankenwerbung

$64.99

Advances in Knowledge Discovery and Data Mining

$84.99

Advances in Psychological Assessment

$109.99

Realoptionstheorie und die Bewertung von Produktinnovationen

$59.99

Computersimulationen in politischen Entscheidungsprozessen

$39.99

Technische Fluidmechanik

$44.99

Leibniz als Reichshofrat

$29.99

Similarity-Based Pattern Recognition

$39.99

Open Systems and Measurement in Relativistic Quantum Theory

$84.99

Einfhrung in die franzsische Literaturwissenschaft

$17.99

Erster Unterricht des jungen Drogisten

$59.99

Bananas and Plantains

$329.99

Principles of Optimal Control Theory

$54.99

Wissensmanagement und Wissenscontrolling in lernenden Organisationen

$54.99

Basic Food Microbiology

$129.00

Marine Biomaterials

$159.99

Integrated Urban Systems Modeling: Theory and Applications

$169.99

Probability Approximations and Beyond

$109.99

Risk Assessments and Safe Machinery

$199.99

Violence Prevention in Education, School, and Club

$99.99

Sustainable Living with Environmental Risks

$69.99

Mathematics II

$74.99

Tatort Sozialstaat

$59.99

The Cinematic Mirror for Psychology and Life Coaching

$109.99

Applied Multivariate Data Analysis

$54.99

Introduction to Riemannian Manifolds

$69.99

A Cross Border Study of Freezing Orders and Provisional Measures

$44.99

Technology, Innovation and Enterprise

$169.99

Advertorials in Jugendprintmedien

$59.99

Environmental Geoinformatics

$139.00

Advances in Cryptology EUROCRYPT 2023

$89.00