Numerical Partial Differential Equations in Finance Explained: An Introduction to Computational Finance By Karel in 't Hout
English | PDF | 2017 | 134 Pages | ISBN : 1137435682 | 16.77 MB
This book provides a first, basic introduction into the valuation of financial options via the numerical solution of partial differential equations (PDEs). It provides readers with an easily accessible text explaining main concepts, models, methods and results that arise in this approach. In keeping with the series style, emphasis is placed on intuition as opposed to full rigor, and a relatively basic understanding of mathematics is sufficient.