Description: Stochastic Simulation and Applications in Finance with MATLAB Programs by Huu Tue Huynh, Van Son Lai, Issouf Soumare Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description Stochastic Simulation and Applications in Finance with Matlab Programs begins by covering the basics of probability and statistics, which are essential to the understanding the later chapters on random processes and computational simulation techniques, it then goes on to discuss Monte Carlo simulations. Publisher Description Stochastic Simulation and Applications in Finance with MATLAB Programs explains the fundamentals of Monte Carlo simulation techniques, their use in the numerical resolution of stochastic differential equations and their current applications in finance. Building on an integrated approach, it provides a pedagogical treatment of the need-to-know materials in risk management and financial engineering. The book takes readers through the basic concepts, covering the most recent research and problems in the area, including: the quadratic re-sampling technique, the Least Squared Method, the dynamic programming and Stratified State Aggregation technique to price American options, the extreme value simulation technique to price exotic options and the retrieval of volatility method to estimate Greeks. The authors also present modern term structure of interest rate models and pricing swaptions with the BGM market model, and give a full explanation of corporate securities valuation and credit risk based on the structural approach of Merton. Case studies on financial guarantees illustrate how to implement the simulation techniques in pricing and hedging. NOTE TO READER: The CD has been converted to URL. Go to the following website which provides MATLAB programs for the practical examples and case studies, which will give the reader confidence in using and adapting specific ways to solve problems involving stochastic processes in finance. Author Biography HUU TUE HUYNH obtained his D.Sc. in communication theory from Laval University, Canada. From 1969 to 2004 he was a faculty member of Laval University. He left Laval University to become Chairman of the Department of data processing at the College of Technology of The Vietnam National University, Hanoi. Since 2007 he has been Rector of the Bac Ha International University, Vietnam. His main recent research interest covers Fast Monte Carlo methods and applications. VAN SON LAI is Professor of Finance at the Business School of Laval University, Canada. He obtained his Ph.D. in Finance from the University of Georgia, USA and a master degree in water resources engineering from the University of British Columbia, Canada. He is also a CFA charterholder from the CFA Institute and a registered P.Eng. in the Province of British Columbia. An established teacher and researcher in banking, financial engineering, and risk management, he has extensively published in mainstream banking, economics, and finance journals. ISSOUF SOUMARÉ is currently associate professor of finance and managing director of the Laboratory for Financial Engineering at Laval University. His research and teaching interests included risk management, financial engineering and numerical methods in finance. He has published his theoretical and applied finance works in economics and finance journals. Dr Soumaré holds a PhD in Finance from the University of British Columbia, Canada, MSc in Financial Engineering from Laval University, Canada, MSc in Statistics and Quantitative Economics and MSc and BSc in Applied Mathematics from Ivory Coast. He is also a certified Professional Risk Manager (PRM) of the Professional Risk Managers International Association (PRMIA). Details ISBN 0470725389 ISBN-13 9780470725382 Title Stochastic Simulation and Applications in Finance with MATLAB Programs Author Huu Tue Huynh, Van Son Lai, Issouf Soumare Format Hardcover Year 2008 Pages 360 Edition 1st Publisher John Wiley & Sons Inc GE_Item_ID:16390778; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. 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Price: 105.71 USD
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End Time: 2025-01-06T04:45:31.000Z
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ISBN-13: 9780470725382
Book Title: Stochastic Simulation and Applications in Finance with MATLAB Pro
Number of Pages: 360 Pages
Publication Name: Stochastic Simulation and Applications in Finance with Matlab Programs
Language: English
Publisher: Wiley & Sons, Incorporated, John
Item Height: 1 in
Subject: Finance / Financial Risk Management, Finance / Financial Engineering, Probability & Statistics / Stochastic Processes, Mathematical & Statistical Software, Computer Simulation, Finance / General
Publication Year: 2008
Item Weight: 26.1 Oz
Type: Textbook
Item Length: 9.9 in
Author: Huu Tue Huynh, Issouf Soumare, Van Son Lai
Subject Area: Mathematics, Computers, Business & Economics
Series: The Wiley Finance Ser.
Item Width: 6.9 in
Format: Hardcover
