Placeholder text

Go to cart

Monte Carlo Methods and Models in Finance and Insurance

By Ralf Korn

Monte Carlo Methods and Models in Finance and Insurance Business, Finance & Career

Monte Carlo Methods and Models in Finance and Insurance

0 - Default Title
Description
Monte Carlo simulation is a universal tool that can be applied in nearly every area of financial and actuarial modeling if one fully understands simulation. This book introduces financial and actuarial models via mathematical simulation. It gives a rigorous introduction to Monte Carlo simulation, including random number generation, basic methods, convergence, and variance reduction. The authors describe financial and actuarial models and show how simulation techniques can be applied to these models to solve problems in finance, including option pricing, derivatives pricing, risk, and asset liability management.
Product details
Edition:
illustrated
Number of Pages:
486
Release Date:
2010-02-26
Publication Date:
2010-02-26
Publisher:
CRC Press
Languages:
Original: English
ISBN10:
1420076183
ISBN13:
9781420076189
GPSR Manufacturer Reference:
[email protected]
Weight:
889 g
Height:
161 cm
Width:
240 cm
Thickness:
31 cm
Buy on Amazon
Currently sold out