{"product_id":"an-introduction-to-financial-option-valuation-mathematics-stochastics-and-computation-desmond-j-higham-university-of-strathclyde-9780521547574","title":"An Introduction to Financial Option Valuation: Mathematics, Stochastics and Computation","description":"\u003cp\u003e\u003cstrong\u003eMathematics, Stochastics and Computation\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003eThis textbook by Desmond J. Higham offers a clear introduction to financial option valuation. It is intended for students with basic knowledge of calculus and combines applied mathematics, stochastics, and computational techniques. Each chapter includes independent MATLAB code that links the theory to practical examples using real stock market data.\u003c\/p\u003e\u003ch3\u003eContents\u003c\/h3\u003e\u003cp\u003eThe book covers fundamental models for financial option pricing, including the Black-Scholes equation, without requiring prior knowledge of probability theory, statistics, or numerical analysis. In addition to theoretical foundations, computational methods are discussed in depth, such as binomial models, finite differences, and variance reduction for Monte Carlo simulations. By combining mathematical insight with practical applications, this is a valuable resource for anyone who wants to delve into financial option valuation.\u003c\/p\u003e\u003ch3\u003eProduct specifications\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cul\u003e\u003cli\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Desmond J. Higham (University of Strathclyde)\u003c\/li\u003e\u003cli\u003e\u003cstrong\u003ePublisher:\u003c\/strong\u003e Cambridge University Press\u003c\/li\u003e\u003cli\u003e\u003cstrong\u003eFormat:\u003c\/strong\u003e Trade paperback (US)\u003c\/li\u003e\u003cli\u003e\u003cstrong\u003ePublication date:\u003c\/strong\u003e 2004-04-15\u003c\/li\u003e\u003cli\u003e\u003cstrong\u003eNumber of pages:\u003c\/strong\u003e 296\u003c\/li\u003e\u003cli\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 9780521547574\u003c\/li\u003e\u003cli\u003e\u003cstrong\u003eSubject:\u003c\/strong\u003e Probability and statistics\u003c\/li\u003e\u003cli\u003e\u003cstrong\u003eBISAC:\u003c\/strong\u003e MATHEMATICS \/ Probability \u0026amp; Statistics \/ General\u003c\/li\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/ul\u003e\u003ch3\u003eAbout the author\u003c\/h3\u003e\u003cp\u003eDes Higham is a professor of mathematics at the University of Strathclyde. Previously, he wrote, among other things, MATLAB Guide (with Nicholas J. Higham, 2005) and Learning LaTeX (with David F. Griffiths, 1997).\u003c\/p\u003e","brand":"Intertaal","offers":[{"title":"Default Title","offer_id":56354503360852,"sku":"9780521547574","price":57.5,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0967\/0538\/0692\/files\/an-introduction-to-financial-option-valuation-mathematics-240.webp?v=1783593584","url":"https:\/\/intertaalid.nl\/en\/products\/an-introduction-to-financial-option-valuation-mathematics-stochastics-and-computation-desmond-j-higham-university-of-strathclyde-9780521547574","provider":"Intertaal","version":"1.0","type":"link"}