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Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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Language: English
Published by Taylor & Francis Ltd, 2020
ISBN 10: 0367740060 ISBN 13: 9780367740061
Seller: THE SAINT BOOKSTORE, Southport, United Kingdom
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Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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Language: English
Published by Chapman and Hall/CRC 2020-12, 2020
ISBN 10: 0367740060 ISBN 13: 9780367740061
Seller: Chiron Media, Wallingford, United Kingdom
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Seller: Chiron Media, Wallingford, United Kingdom
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Language: English
Published by Springer Berlin Heidelberg, 2015
ISBN 10: 3642442528 ISBN 13: 9783642442520
Seller: moluna, Greven, Germany
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Seller: moluna, Greven, Germany
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Seller: Revaluation Books, Exeter, United Kingdom
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Published by Springer Berlin Heidelberg, 2013
ISBN 10: 3642371124 ISBN 13: 9783642371127
Seller: moluna, Greven, Germany
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Published by Springer-Verlag GmbH, 2011
ISBN 10: 3642146597 ISBN 13: 9783642146596
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Published by Springer-Verlag New York Inc, 2013
ISBN 10: 3642442528 ISBN 13: 9783642442520
Seller: Revaluation Books, Exeter, United Kingdom
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Seller: preigu, Osnabrück, Germany
Taschenbuch. Condition: Neu. Financial Modeling | A Backward Stochastic Differential Equations Perspective | Stephane Crepey | Taschenbuch | xix | Englisch | 2015 | Springer | EAN 9783642442520 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu.
Language: English
Published by Springer Berlin Heidelberg, Springer Berlin Heidelberg, 2015
ISBN 10: 3642442528 ISBN 13: 9783642442520
Seller: AHA-BUCH GmbH, Einbeck, Germany
Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - Backward stochastic differential equations (BSDEs) provide a general mathematical framework for solving pricing and risk management questions of financial derivatives. They are of growing importance for nonlinear pricing problems such as CVA computations that have been developed since the crisis. Although BSDEs are well known to academics, they are less familiar to practitioners in the financial industry. In order to fill this gap, this book revisits financial modeling and computational finance from a BSDE perspective, presenting a unified view of the pricing and hedging theory across all asset classes. It also contains a review of quantitative finance tools, including Fourier techniques, Monte Carlo methods, finite differences and model calibration schemes. With a view to use in graduate courses in computational finance and financial modeling, corrected problem sets and Matlab sheets have been provided. Stéphane Crépey's book starts with a few chapters on classical stochastic processes material, and then. fasten your seatbelt. the author starts traveling backwards in time through backward stochastic differential equations (BSDEs). This does not mean that one has to read the book backwards, like a manga! Rather, the possibility to move backwards in time, even if from a variety of final scenarios following a probability law, opens a multitude of possibilities for all those pricing problems whose solution is not a straightforward expectation. For example, this allows for framing problems like pricing with credit and funding costs in a rigorous mathematical setup. This is, as far as I know, the first book written for several levels of audiences, with applications to financial modeling and using BSDEs as one of the main tools, and as the song says: 'it's never as good as the first time'.Damiano Brigo, Chair of Mathematical Finance, Imperial College LondonWhile the classical theory of arbitrage free pricinghas matured, and is now well understood and used by the finance industry, the theory of BSDEs continues to enjoy a rapid growth and remains a domain restricted to academic researchers and a handful of practitioners. Crépey's book presents this novel approach to a wider community of researchers involved in mathematical modeling in finance. It is clearly an essential reference for anyone interested in the latest developments in financial mathematics. Marek Musiela, Deputy Director of the Oxford-Man Institute of Quantitative Finance.
Seller: Mispah books, Redhill, SURRE, United Kingdom
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