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CRC Press Numerical Methods for Finance - Chapman & Hall/CRC

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Description

Numerical Methods for Finance brings together international expertise from industry and academia to address practical financial challenges through advanced computational techniques. This comprehensive resource explores cutting-edge numerical methods specifically designed for finance, covering coherent risk measures theory and its real-world applications in risk management. The book presents innovative approaches to pricing high-dimensional American options and examines negative inter-risk diversification effects, making it an essential reference for quantitative analysts, financial engineers, and academics seeking state-of-the-art solutions. Unlike generic mathematics texts, this CRC Press publication focuses exclusively on numerical methods as they apply to financial problems, combining theoretical rigour with practical implementation strategies.

Key Features

Numerical Methods for Finance covers coherent risk measures theory with direct applications to practical risk management strategies.

The book presents a new methodology for pricing high-dimensional American options, addressing a key challenge in derivatives valuation.

This Chapman & Hall/CRC publication features contributions from leading researchers in both financial industry and academia.

Numerical Methods for Finance examines negative inter-risk diversification effects within modern portfolio theory and risk assessment frameworks.

The text provides state-of-the-art computational techniques specifically tailored to solving real-world financial problems and quantitative challenges.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
27 September 2019
Listed Since
13 December 2006

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