<p>This textbook provides a self-contained introduction to numerical methods in probability with a focus on applications to finance.</p><p>Topics covered include the Monte Carlo simulation (including simulation of random variables, variance reduction, quasi-Monte Carlo simulation, and more recent de
Numerical probability : an introduction with applications to finance
โ Scribed by Pagรจs, Gilles
- Publisher
- Springer
- Year
- 2018
- Tongue
- English
- Leaves
- 591
- Series
- Universitext
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Subjects
Probabilities.;Mathematics.;Probability Theory and Stochastic Processes.;Quantitative Finance.;Statistics for Business/Economics/Mathematical Finance/Insurance.;Numerisches Verfahren;Wahrscheinlichkeitsrechnung;Finanzmathematik
๐ SIMILAR VOLUMES
This book is intended as a reference for use by researchers in the fields of Probability and Statistics. It may also serve as supplementary reading for students who have already taken a good calculus-based course on Probability Theory. A working knowledge of multivariable calculus is necessary f
<p>This textbook aims to fill the gap between those that offer aย theoretical treatment without many applications and those that presentย and apply formulas without appropriately deriving them. The balanceย achieved will give readers a fundamental understanding of key financialย ideas and tools that for
Provides a good balance between mathematical derivation and accessibility to the reader and instructor Self-contained with respect to required finance background, providing financial minutia along the way as neededย Useful for students preparing for high level study in mathematical finance or a ca
<p><p>This textbook aims to fill the gap between those that offer a theoretical treatment without many applications and those that present and apply formulas without appropriately deriving them. The balance achieved will give readers a fundamental understanding of key financial ideas and tools that
<p><b>Praise for the <i>First Edition<br /><br /></i></b><b>"This is a well-written and impressively presented introduction to probability and statistics. The text throughout is highly readable, and the author makes liberal use of graphs and diagrams to clarify the theory."ย - <i>The Statistician<br