Computational Methods for Quantitative Finance Finite Element Methods for Derivative Pricing /

• Main Authors: Hilber, Norbert (Author), Reichmann, Oleg (Author), Schwab, Christoph (Author), Winter, Christoph (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2013.
• Series: Springer Finance,
• Subjects: Mathematics.; Economics, Mathematical.; Numerical analysis.; Probabilities.; Quantitative Finance.; Numerical Analysis.; Probability Theory and Stochastic Processes.

Many mathematical assumptions on which classical derivative pricing methods are based have come under scrutiny in recent years. The present volume offers an introduction to deterministic algorithms for the fast and accurate pricing of derivative contracts in modern finance. This unified, non-Monte-C...