Quantitative Methods in Derivatives Pricing
Subtitle: An Introduction to Computational Finance
Publisher: Wiley
Published: April 19, 2002
Language: eng
Number of pages: 256
ISBN-13: 9780471394471
First sentence: The purpose of this short chapter is to motivate the notion that the price of a financial instrument is expressed in the form of an expectation of suitably discounted future values or cash flows.
Description: "Quantitative Methods in Derivatives Pricing, researched and written by Domingo Tavella, one of the pioneers in the emergence of computational finance as a discipline in its own right, develops the main techniques and strategies of computational finance in a unified framework.

From the plethora of methods that characterize a new discipline in a state of fluid evolution, this book concentrates on those that have proven to be sufficiently solid and robust to become a permanent part of the arsenal of strategies for pricing complex financial instruments. Either as a textbook or a reference source, this book's emphasis is on practicality and applications.".

"As a textbook, this work fills a palpable need for adequate material in the ever-increasing number of programs with an emphasis on sophisticated financial engineering. As a reference source, it provides a valuable overview of the most relevant methods and approaches of computational finance for those with adequate quantitative background entering the field of financial pricing."--BOOK JACKET.