{"product_id":"9781447173373","title":"Universitext","description":"\u003ch1\u003eUniversitext\u003c\/h1\u003e \u003ch2\u003eSeydel, Rüdiger U.\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eComputational 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.\u003c\/p\u003e\u003cp\u003eNow in its sixth edition, \u003ci\u003eTools for Computational Finance\u003c\/i\u003e has been significantly revised and contains:   \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eSeveral new parts such as a section on extended applications of tree methods, including multidimensional trees, trinomial trees, and the handling of dividends;\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003eAdditional material in the field of generating normal variates with acceptance-rejection methods, and on Monte Carlo methods;\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003e115 exercises, and more than 100 figures, many in color.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eWritten 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.\u003c\/p\u003e\u003cp\u003eInterdisciplinary 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.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2017-08-29\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9781447173373\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4471-7338-0\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 486\u003c\/p\u003e ","brand":"Springer-Verlag Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":45578456760460,"sku":"9781447173373","price":89.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781447173373.jpg?v=1775729286","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781447173373","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}