LiveZilla Live Chat Software
Importitall
Register/Login Login Contact UsContacts BlogBlog
Cart Items : 0 | Cart Total : R0
Books > Business & Money > Finance > 1420076183
  1. Monte Carlo Methods and Models in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)
    Monte Carlo Methods and Models in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)
    Monte Carlo Methods and Models in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)
    Monte Carlo Methods and Models in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)
    Image(s) provided for illustrative purposes and may differ from the actual product
  2. Monte Carlo Methods and Models in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)

    [1420076183]
    Delivery: 10-20 Working Days
    Customer Ratings (4 reviews)
    Price R2371.00

     pinterest 
Additional Information

Offering a unique balance between applications and calculations, Monte Carlo Methods and Models in Finance and Insurance incorporates the application background of finance and insurance with the theory and applications of Monte Carlo methods. It presents recent methods and algorithms, including the multilevel Monte Carlo method, the statistical Romberg method, and the Heath–Platen estimator, as well as recent financial and actuarial models, such as the Cheyette and dynamic mortality models.

The authors separately discuss Monte Carlo techniques, stochastic process basics, and the theoretical background and intuition behind financial and actuarial mathematics, before bringing the topics together to apply the Monte Carlo methods to areas of finance and insurance. This allows for the easy identification of standard Monte Carlo tools and for a detailed focus on the main principles of financial and insurance mathematics. The book describes high-level Monte Carlo methods for standard simulation and the simulation of stochastic processes with continuous and discontinuous paths. It also covers a wide selection of popular models in finance and insurance, from Black–Scholes to stochastic volatility to interest rate to dynamic mortality.

Through its many numerical and graphical illustrations and simple, insightful examples, this book provides a deep understanding of the scope of Monte Carlo methods and their use in various financial situations. The intuitive presentation encourages readers to implement and further develop the simulation methods.

Similar Products

How to Measure Anything: Finding the Value of Intangibles in BusinessMarket Consistency: Model Calibration in Imperfect MarketsMeasuring Market RiskCorporate Finance (3rd Edition) (Pearson Series in Finance)Financial Enterprise Risk Management (International Series on Actuarial Science)The Failure of Risk Management: Why It's Broken and How to Fix ItThe xVA Challenge: Counterparty Credit Risk, Funding, Collateral, and Capital (The Wiley Finance Series)Value at Risk: The New Benchmark for Managing Financial Risk, 3rd EditionRisk Management and Financial Institutions (Wiley Finance)Organizational Behavior
Specifications

Country
USA
Binding
Hardcover
EAN
9781420076189
ISBN
1420076183
IsEligibleForTradeIn
1
Label
CRC Press
Manufacturer
CRC Press
NumberOfItems
1
NumberOfPages
484
PublicationDate
2010-02-26
Publisher
CRC Press
Studio
CRC Press
Most Helpful Customer Reviews

Love it
It is one of the most boring books on this subject. The treatment of the material is very bad. Terminology used is not standard and very difficult to follow.
This book is okay, but it leaves a lot to be desired. This book was required for my grad school course. it was helpful, but it was barely used.
Please Note

The authorised South African distributor of this product is under no obligation to honour the manufacture's guarantees/warranties or to provide after-sales service.

Please note that this item is imported from the USA, and is designed to be used in the USA. In addition, if the unit is powered it will come with a US plug and an adapter/transformer may be required. Please click here for more information on power requirements, or check with us if you are unsure or need any assistance!

Please also note that certain items cannot be imported, these include Alcohol, Animals, Batteries, Flammable Materials, Currency, Food, Furs, Chemicals, Explosives, Medications, Plants, Seeds, Supplements, Pressurized Cans, Tactical Equipment, Vitamins, Weaponry and Weaponry Accessories. In these cases, the item and information is displayed for reference purposes only. If you are not sure if we are permitted to bring an item, please send us an e-mail with a link to the item to confirm.

Please also ensure that you are ordering the correct item for your particular application as returns to the USA are costly. Product reviews are also provided for most of our items, which can give you a good idea for possible things to look out for and the quality of the item. By clicking Add to Cart, you are confirming that the item is correct and you accept the conditions listed here.