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

Finance with Monte Carlo

Finance with Monte Carlo

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9781461485100
Condition
New
Product Description

This text introduces upper division undergraduate/beginning graduate students in mathematics, finance, or economics, to the core topics of a beginning course in finance/financial engineering. Particular emphasis is placed on exploiting the power of the Monte Carlo method to illustrate and explore financial principles. Monte Carlo is the uniquely appropriate tool for modeling the random factors that drive financial markets and simulating their implications. The Monte Carlo method is introduced early and it is used in conjunction with the geometric Brownian motion model (GBM) to illustrate and analyze the topics covered in the remainder of the text. Placing focus on Monte Carlo methods allows for students to travel a short road from theory to practical applications. Coverage includes investment science, mean-variance portfolio theory, option pricing principles, exotic options, option trading strategies, jump diffusion and exponential Lvy alternative models, and the Kelly criterion for maximizing investment growth. Novel features: inclusion of both portfolio theory and contingent claim analysis in a single text pricing methodology for exotic options expectation analysis of option trading strategies pricing models that transcend the BlackScholes framework optimizing investment allocations concepts thoroughly explored through numerous simulation exercises numerous worked examples and illustrations The mathematical background required is a year and one-half course in calculus, matrix algebra covering solutions of linear systems, and a knowledge of probability including expectation, densities and the normal distribution. A refresher for these topics is presented in the Appendices. The programming background needed is how to code branching, loops and subroutines in some mathematical or general purpose language. The mathematical background required is a year and one-half course in calculus, matrix algebra covering solutions of linear systems, and a knowledge of probability including expectation, densities and the normal distribution. A refresher for these topics is presented in the Appendices. The programming background needed is how to code branching, loops and subroutines in some mathematical or general purpose language. Also by the author: (with F. Mendivil) Explorations in Monte Carlo, 2009, ISBN: 978-0-387-87836-2; (with J. Herod) Mathematical Biology: An Introduction with Maple and Matlab, Second edition, 2009, ISBN: 978-0-387-70983-3.

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$36.00
@ Link.springer.com with extra coupon Get Coupon & BUY

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
$39.99 $39.99

10% OFF
This deals requires coupon Get Code Here
$36.00
See Site In stock Visit Store

Similar Products

Einfhrung in die lhydraulik

$29.99

bersetzerbau

$19.95

Membrane Computing

$54.99

Survival Guide Psychiatrie

$49.99

Delay Fault Testing for VLSI Circuits

$129.00

Education for Sustainability in Tourism

$84.99

Praxishandbuch Sicherer IT-Betrieb

$64.99

Optimal Shelf Availability

$69.99

Cultural Knowledge and Values in English Language Teaching Materials

$119.00

Strategic Policy Interactions in a Monetary Union

$84.99

Das Afrika-Lexikon

$59.99

Strategic Planning for The Family Business

$99.99

Hyperfunctions and Pseudo-Differential Equations

$39.99

Material Characterization Techniques and Applications

$139.00

Ophthalmic Medical Image Analysis

$39.99

Fruits and Vegetable Wastes

$159.99

Cross-Layer Design for Secure and Resilient Cyber-Physical Systems

$149.00

Anomaly-Detection and Health-Analysis Techniques for Core Router Systems

$109.99

Scholastic Reader! Level 2-The Magic School Bus Rides Again: Deep-Sea Dive

$3.74

Grundzge der Elektrochemie auf experimenteller Basis

$59.99

Mnnergewalt gegen Frauen beenden

$59.99

Im Fokus: Palontologie

$19.99

Leben mit einem beeintrchtigten Kind

$64.99

The Dynamics of Care

$64.99

Design and Brand

$64.99

Creating Community Cohesion

$39.99

Integrating Research and Practice in Software Engineering

$129.99

Graph Drawing

$109.99

Learn Cocoa on the Mac

$29.99

Differentiable Optimization and Equation Solving

$84.99

Annals of Systems Research

$109.99

Geostatistics and Petroleum Geology

$84.99

The Career of a Research Statistician

$54.99

Complexity-Aware High Efficiency Video Coding

$54.99

The Worrysaurus

$4.49

American Writers in Europe

$39.99

Integrated History and Philosophy of Science

$99.99

Measuring and Developing Professional Competences in COMET

$139.00

Duplex and Color Doppler Imaging of the Venous System

$39.99

Information and Communication Technology in Sudan

$54.99