numerical techniques in finance – ibm dk 5



Andreas Binder A Workout in Computational Finance Andreas Binder A Workout in Computational Finance Новинка

Andreas Binder A Workout in Computational Finance

6599.09 руб. или Купить в рассрочку!
A comprehensive introduction to various numerical methods used in computational finance today Quantitative skills are a prerequisite for anyone working in finance or beginning a career in the field, as well as risk managers. A thorough grounding in numerical methods is necessary, as is the ability to assess their quality, advantages, and limitations. This book offers a thorough introduction to each method, revealing the numerical traps that practitioners frequently fall into. Each method is referenced with practical, real-world examples in the areas of valuation, risk analysis, and calibration of specific financial instruments and models. It features a strong emphasis on robust schemes for the numerical treatment of problems within computational finance. Methods covered include PDE/PIDE using finite differences or finite elements, fast and stable solvers for sparse grid systems, stabilization and regularization techniques for inverse problems resulting from the calibration of financial models to market data, Monte Carlo and Quasi Monte Carlo techniques for simulating high dimensional systems, and local and global optimization tools to solve the minimization problem.
Jacques Janssen Applied Diffusion Processes from Engineering to Finance Jacques Janssen Applied Diffusion Processes from Engineering to Finance Новинка

Jacques Janssen Applied Diffusion Processes from Engineering to Finance

14620.02 руб. или Купить в рассрочку!
The aim of this book is to promote interaction between engineering, finance and insurance, as these three domains have many models and methods of solution in common for solving real-life problems. The authors point out the strict inter-relations that exist among the diffusion models used in engineering, finance and insurance. In each of the three fields, the basic diffusion models are presented and their strong similarities are discussed. Analytical, numerical and Monte Carlo simulation methods are explained with a view to applying them to obtain the solutions to the different problems presented in the book. Advanced topics such as nonlinear problems, Lévy processes and semi-Markov models in interactions with the diffusion models are discussed, as well as possible future interactions among engineering, finance and insurance. Contents 1. Diffusion Phenomena and Models. 2. Probabilistic Models of Diffusion Processes. 3. Solving Partial Differential Equations of Second Order. 4. Problems in Finance. 5. Basic PDE in Finance. 6. Exotic and American Options Pricing Theory. 7. Hitting Times for Diffusion Processes and Stochastic Models in Insurance. 8. Numerical Methods. 9. Advanced Topics in Engineering: Nonlinear Models. 10. Lévy Processes. 11. Advanced Topics in Insurance: Copula Models and VaR Techniques. 12. Advanced Topics in Finance: Semi-Markov Models. 13. Monte Carlo Semi-Markov Simulation Methods. About the Authors Jacques Janssen is now Honorary Professor at the Solvay Business School (ULB) in Brussels, Belgium, having previously taught at EURIA (Euro-Institut d’Actuariat, University of West Brittany, Brest, France) and Télécom-Bretagne (Brest, France) as well as being a director of Jacan Insurance and Finance Services, a consultancy and training company. Oronzio Manca is Professor of thermal sciences at Seconda Università degli Studi di Napoli in Italy. He is currently Associate Editor of ASME Journal of Heat Transfer and Journal of Porous Media and a member of the editorial advisory boards for The Open Thermodynamics Journal, Advances in Mechanical Engineering, The Open Fuels & Energy Science Journal. Raimondo Manca is Professor of mathematical methods applied to economics, finance and actuarial science at University of Rome “La Sapienza” in Italy. He is associate editor for the journal Methodology and Computing in Applied Probability. His main research interests are multidimensional linear algebra, computational probability, application of stochastic processes to economics, finance and insurance and simulation models.
Salah Obayya Computational Photonics Salah Obayya Computational Photonics Новинка

Salah Obayya Computational Photonics

10584.47 руб. или Купить в рассрочку!
This book explores the state-of-the art in computational modelling techniques for photonic devices In this book, the author provides a comprehensive coverage of modern numerical modelling techniques for designing photonic devices for use in modern optical telecommunications systems. In addition the book presents the state-of-the-art in computational photonics techniques, covering methods such as full-vectorial finite-element beam propagation, bidirectional beam propagation, complex-envelope alternative direction implicit finite difference time domain, multiresolution time domain, and finite volume time domain. The book guides the reader through the concepts of modelling, analysing, designing and optimising the performance of a wide range of photonic devices by building their own numerical code using these methods. Key Features: Provides a thorough presentation of the state-of-the art in computational modelling techniques for photonics Contains broad coverage of both frequency- and time-domain techniques to suit a wide range of photonic devices Reviews existing commercial software packages for photonics Presents the advantages and disadvantages of the different modelling techniques as well as their suitability for various photonic devices Shows the reader how to model, analyse, design and optimise the performance of a wide range of photonic devices by building their own numerical code using these methods Accompanying website contains the numerical examples representing the numerical techniques in this book, as well as several design examples (http://www.wiley.com/go/obayya_computational) This book will serve as an invaluable reference for researchers, optical telecommunications engineers, engineers in the photonics industry. PhD and MSc students undertaking courses in the areas of photonics and optical telecommunications will also find this book of interest.
Issouf Soumare Stochastic Simulation and Applications in Finance with MATLAB Programs Issouf Soumare Stochastic Simulation and Applications in Finance with MATLAB Programs Новинка

Issouf Soumare Stochastic Simulation and Applications in Finance with MATLAB Programs

10280.32 руб. или Купить в рассрочку!
Stochastic Simulation and Applications in Finance with MATLAB Programs explains the fundamentals of Monte Carlo simulation techniques, their use in the numerical resolution of stochastic differential equations and their current applications in finance. Building on an integrated approach, it provides a pedagogical treatment of the need-to-know materials in risk management and financial engineering. The book takes readers through the basic concepts, covering the most recent research and problems in the area, including: the quadratic re-sampling technique, the Least Squared Method, the dynamic programming and Stratified State Aggregation technique to price American options, the extreme value simulation technique to price exotic options and the retrieval of volatility method to estimate Greeks. The authors also present modern term structure of interest rate models and pricing swaptions with the BGM market model, and give a full explanation of corporate securities valuation and credit risk based on the structural approach of Merton. Case studies on financial guarantees illustrate how to implement the simulation techniques in pricing and hedging. NOTE TO READER: The CD has been converted to URL. Go to the following website www.wiley.com/go/huyhnstochastic which provides MATLAB programs for the practical examples and case studies, which will give the reader confidence in using and adapting specific ways to solve problems involving stochastic processes in finance.
Salah Obayya Computational Photonics Salah Obayya Computational Photonics Новинка

Salah Obayya Computational Photonics

10686.68 руб. или Купить в рассрочку!
This book explores the state-of-the art in computational modelling techniques for photonic devices In this book, the author provides a comprehensive coverage of modern numerical modelling techniques for designing photonic devices for use in modern optical telecommunications systems. In addition the book presents the state-of-the-art in computational photonics techniques, covering methods such as full-vectorial finite-element beam propagation, bidirectional beam propagation, complex-envelope alternative direction implicit finite difference time domain, multiresolution time domain, and finite volume time domain. The book guides the reader through the concepts of modelling, analysing, designing and optimising the performance of a wide range of photonic devices by building their own numerical code using these methods. Key Features: Provides a thorough presentation of the state-of-the art in computational modelling techniques for photonics Contains broad coverage of both frequency- and time-domain techniques to suit a wide range of photonic devices Reviews existing commercial software packages for photonics Presents the advantages and disadvantages of the different modelling techniques as well as their suitability for various photonic devices Shows the reader how to model, analyse, design and optimise the performance of a wide range of photonic devices by building their own numerical code using these methods Accompanying website contains the numerical examples representing the numerical techniques in this book, as well as several design examples (http://www.wiley.com/go/obayya_computational) This book will serve as an invaluable reference for researchers, optical telecommunications engineers, engineers in the photonics industry. PhD and MSc students undertaking courses in the areas of photonics and optical telecommunications will also find this book of interest.
Elder Ken Phase-Field Methods in Materials Science and Engineering Elder Ken Phase-Field Methods in Materials Science and Engineering Новинка

Elder Ken Phase-Field Methods in Materials Science and Engineering

12301.21 руб. или Купить в рассрочку!
This comprehensive and self-contained, one-stop source discusses phase-field methodology in a fundamental way, explaining advanced numerical techniques for solving phase-field and related continuum-field models. It also presents numerical techniques used to simulate various phenomena in a detailed, step-by-step way, such that readers can carry out their own code developments. Features many examples of how the methods explained can be used in materials science and engineering applications.
Abbas Mirakhor Introductory Mathematics and Statistics for Islamic Finance Abbas Mirakhor Introductory Mathematics and Statistics for Islamic Finance Новинка

Abbas Mirakhor Introductory Mathematics and Statistics for Islamic Finance

3200.24 руб. или Купить в рассрочку!
A unique primer on quantitative methods as applied to Islamic finance Introductory Mathematics and Statistics for Islamic Finance + Website is a comprehensive guide to quantitative methods, specifically as applied within the realm of Islamic finance. With applications based on research, the book provides readers with the working knowledge of math and statistics required to understand Islamic finance theory and practice. The numerous worked examples give students with various backgrounds a uniform set of common tools for studying Islamic finance. The in-depth study of finance requires a strong foundation in quantitative methods. Without a good grasp of math, probability, and statistics, published theoretical and applied works in Islamic finance remain out of reach. Unlike a typical math text, this book guides students through only the methods that directly apply to Islamic finance, without wasting time on irrelevant techniques. Each chapter contains a detailed explanation of the topic at hand, followed by an example based on real situations encountered in Islamic finance. Topics include: Algebra and matrices Calculus and differential equations Probability theory Statistics Written by leading experts on the subject, the book serves as a useful primer on the analysis methods and techniques students will encounter in published research, as well as day-to-day operations in finance. Anyone aspiring to be successful in Islamic finance needs these skills, and Introductory Mathematics and Statistics for Islamic Finance + Website is a clear, concise, and highly relevant guide.
Eric Chin Problems and Solutions in Mathematical Finance. Stochastic Calculus Eric Chin Problems and Solutions in Mathematical Finance. Stochastic Calculus Новинка

Eric Chin Problems and Solutions in Mathematical Finance. Stochastic Calculus

4164.47 руб. или Купить в рассрочку!
Mathematical finance requires the use of advanced mathematical techniques drawn from the theory of probability, stochastic processes and stochastic differential equations. These areas are generally introduced and developed at an abstract level, making it problematic when applying these techniques to practical issues in finance. Problems and Solutions in Mathematical Finance Volume I: Stochastic Calculus is the first of a four-volume set of books focusing on problems and solutions in mathematical finance. This volume introduces the reader to the basic stochastic calculus concepts required for the study of this important subject, providing a large number of worked examples which enable the reader to build the necessary foundation for more practical orientated problems in the later volumes. Through this application and by working through the numerous examples, the reader will properly understand and appreciate the fundamentals that underpin mathematical finance. Written mainly for students, industry practitioners and those involved in teaching in this field of study, Stochastic Calculus provides a valuable reference book to complement one’s further understanding of mathematical finance.
Domingo Tavella Quantitative Methods in Derivatives Pricing. An Introduction to Computational Finance Domingo Tavella Quantitative Methods in Derivatives Pricing. An Introduction to Computational Finance Новинка

Domingo Tavella Quantitative Methods in Derivatives Pricing. An Introduction to Computational Finance

9225.91 руб. или Купить в рассрочку!
This book presents a cogent description of the main methodologies used in derivatives pricing. Starting with a summary of the elements of Stochastic Calculus, Quantitative Methods in Derivatives Pricing develops the fundamental tools of financial engineering, such as scenario generation, simulation for European instruments, simulation for American instruments, and finite differences in an intuitive and practical manner, with an abundance of practical examples and case studies. Intended primarily as an introductory graduate textbook in computational finance, this book will also serve as a reference for practitioners seeking basic information on alternative pricing methodologies. Domingo Tavella is President of Octanti Associates, a consulting firm in risk management and financial systems design. He is the founder and chief editor of the Journal of Computational Finance and has pioneered the application of advanced numerical techniques in pricing and risk analysis in the financial and insurance industries. Tavella coauthored Pricing Financial Instruments: The Finite Difference Method. He holds a PhD in aeronautical engineering from Stanford University and an MBA in finance from the University of California at Berkeley.
Qiuliang Wang Practical Design of Magnetostatic Structure Using Numerical Simulation Qiuliang Wang Practical Design of Magnetostatic Structure Using Numerical Simulation Новинка

Qiuliang Wang Practical Design of Magnetostatic Structure Using Numerical Simulation

11421.78 руб. или Купить в рассрочку!
Magnets are widely used in industry, medical, scientific instruments, and electrical equipment. They are the basic tools for scientific research and electromagnetic devices. Numerical methods for the magnetic field analysis combined with mathematical optimization from practical applications of the magnets have been widely studied in recent years. It is necessary for professional researchers, engineers, and students to study these numerical methods for the complex magnet structure design instead of using traditional «trial-and-error» methods. Those working in this field will find this book useful as a reference to help reduce costs and obtain good magnetic field quality. Presents a clear introduction to magnet technology, followed by basic theories, numerical analysis, and practical applications Emphasizes the latest developments in magnet design, including MRI systems Provides comprehensive numerical techniques that provide solutions to practical problems Introduces the latest computation techniques for optimizing and characterizing the magnetostatic structure design Well organized and adaptable by researchers, engineers, lecturers, and students Appendix available on the Wiley Companion Website As a comprehensive treatment of the topic, Practical Design of Magnetostatic Structure Using Numerical Simulation is ideal for researchers in the field of magnets and their applications, materials scientists, structural engineers, and graduate students in electrical engineering. The book will also better equip mechanical engineers and aerospace engineers.
Stochastic Simulation and Applications in Finance with MATLAB Programs Stochastic Simulation and Applications in Finance with MATLAB Programs Новинка

Stochastic Simulation and Applications in Finance with MATLAB Programs

Stochastic Simulation and Applications in Finance with MATLAB Programs explains the fundamentals of Monte Carlo simulation techniques, their use in the numerical resolution of stochastic differential equations and their current applications in finance. Building on an integrated approach, it provides a pedagogical treatment of the need-to-know materials in risk management and financial engineering. The book takes readers through the basic concepts, covering the most recent research and problems in the area, including: the quadratic re-sampling technique, the Least Squared Method, the dynamic programming and Stratified State Aggregation technique to price American options, the extreme value simulation technique to price exotic options and the retrieval of volatility method to estimate Greeks.The authors also present modern term structure of interest rate models and pricing swaptions with the BGM market model, and give a full explanation of corporate securities valuation and credit risk based on the structural approach of Merton. Case studies on financial guarantees illustrate how to implement the simulation techniques in pricing and hedging.
Jacques Janssen VaR Methodology for Non-Gaussian Finance Jacques Janssen VaR Methodology for Non-Gaussian Finance Новинка

Jacques Janssen VaR Methodology for Non-Gaussian Finance

6548.92 руб. или Купить в рассрочку!
With the impact of the recent financial crises, more attention must be given to new models in finance rejecting “Black-Scholes-Samuelson” assumptions leading to what is called non-Gaussian finance. With the growing importance of Solvency II, Basel II and III regulatory rules for insurance companies and banks, value at risk (VaR) – one of the most popular risk indicator techniques plays a fundamental role in defining appropriate levels of equities. The aim of this book is to show how new VaR techniques can be built more appropriately for a crisis situation. VaR methodology for non-Gaussian finance looks at the importance of VaR in standard international rules for banks and insurance companies; gives the first non-Gaussian extensions of VaR and applies several basic statistical theories to extend classical results of VaR techniques such as the NP approximation, the Cornish-Fisher approximation, extreme and a Pareto distribution. Several non-Gaussian models using Copula methodology, Lévy processes along with particular attention to models with jumps such as the Merton model are presented; as are the consideration of time homogeneous and non-homogeneous Markov and semi-Markov processes and for each of these models. Contents 1. Use of Value-at-Risk (VaR) Techniques for Solvency II, Basel II and III. 2. Classical Value-at-Risk (VaR) Methods. 3. VaR Extensions from Gaussian Finance to Non-Gaussian Finance. 4. New VaR Methods of Non-Gaussian Finance. 5. Non-Gaussian Finance: Semi-Markov Models. About the Authors Marine Habart-Corlosquet is a Qualified and Certified Actuary at BNP Paribas Cardif, Paris, France. She is co-director of EURIA (Euro-Institut d’Actuariat, University of West Brittany, Brest, France), and associate researcher at Telecom Bretagne (Brest, France) as well as a board member of the French Institute of Actuaries. She teaches at EURIA, Telecom Bretagne and Ecole Centrale Paris (France). Her main research interests are pandemics, Solvency II internal models and ALM issues for insurance companies. Jacques Janssen is now Honorary Professor at the Solvay Business School (ULB) in Brussels, Belgium, having previously taught at EURIA (Euro-Institut d’Actuariat, University of West Brittany, Brest, France) and Telecom Bretagne (Brest, France) as well as being a director of Jacan Insurance and Finance Services, a consultancy and training company. Raimondo Manca is Professor of mathematical methods applied to economics, finance and actuarial science at University of Roma “La Sapienza” in Italy. He is associate editor for the journal Methodology and Computing in Applied Probability. His main research interests are multidimensional linear algebra, computational probability, application of stochastic processes to economics, finance and insurance and simulation models.
Frederic Magoules Parallel Scientific Computing Frederic Magoules Parallel Scientific Computing Новинка

Frederic Magoules Parallel Scientific Computing

9137.42 руб. или Купить в рассрочку!
Scientific computing has become an indispensable tool in numerous fields, such as physics, mechanics, biology, finance and industry. For example, it enables us, thanks to efficient algorithms adapted to current computers, to simulate, without the help of models or experimentations, the deflection of beams in bending, the sound level in a theater room or a fluid flowing around an aircraft wing. This book presents the scientific computing techniques applied to parallel computing for the numerical simulation of large-scale problems; these problems result from systems modeled by partial differential equations. Computing concepts will be tackled via examples. Implementation and programming techniques resulting from the finite element method will be presented for direct solvers, iterative solvers and domain decomposition methods, along with an introduction to MPI and OpenMP.
Eric Chin Problems and Solutions in Mathematical Finance. Equity Derivatives, Volume 2 Eric Chin Problems and Solutions in Mathematical Finance. Equity Derivatives, Volume 2 Новинка

Eric Chin Problems and Solutions in Mathematical Finance. Equity Derivatives, Volume 2

4164.47 руб. или Купить в рассрочку!
Detailed guidance on the mathematics behind equity derivatives Problems and Solutions in Mathematical Finance Volume II is an innovative reference for quantitative practitioners and students, providing guidance through a range of mathematical problems encountered in the finance industry. This volume focuses solely on equity derivatives problems, beginning with basic problems in derivatives securities before moving on to more advanced applications, including the construction of volatility surfaces to price exotic options. By providing a methodology for solving theoretical and practical problems, whilst explaining the limitations of financial models, this book helps readers to develop the skills they need to advance their careers. The text covers a wide range of derivatives pricing, such as European, American, Asian, Barrier and other exotic options. Extensive appendices provide a summary of important formulae from calculus, theory of probability, and differential equations, for the convenience of readers. As Volume II of the four-volume Problems and Solutions in Mathematical Finance series, this book provides clear explanation of the mathematics behind equity derivatives, in order to help readers gain a deeper understanding of their mechanics and a firmer grasp of the calculations. Review the fundamentals of equity derivatives Work through problems from basic securities to advanced exotics pricing Examine numerical methods and detailed derivations of closed-form solutions Utilise formulae for probability, differential equations, and more Mathematical finance relies on mathematical models, numerical methods, computational algorithms and simulations to make trading, hedging, and investment decisions. For the practitioners and graduate students of quantitative finance, Problems and Solutions in Mathematical Finance Volume II provides essential guidance principally towards the subject of equity derivatives.
Hideaki Tsuchiya Carrier Transport in Nanoscale MOS Transistors Hideaki Tsuchiya Carrier Transport in Nanoscale MOS Transistors Новинка

Hideaki Tsuchiya Carrier Transport in Nanoscale MOS Transistors

A comprehensive advanced level examination of the transport theory of nanoscale devices Provides advanced level material of electron transport in nanoscale devices from basic principles of quantum mechanics through to advanced theory and various numerical techniques for electron transport Combines several up-to-date theoretical and numerical approaches in a unified manner, such as Wigner-Boltzmann equation, the recent progress of carrier transport research for nanoscale MOS transistors, and quantum correction approximations The authors approach the subject in a logical and systematic way, reflecting their extensive teaching and research backgrounds
Kamal Al-Haddad Power Quality. Problems and Mitigation Techniques Kamal Al-Haddad Power Quality. Problems and Mitigation Techniques Новинка

Kamal Al-Haddad Power Quality. Problems and Mitigation Techniques

11041.05 руб. или Купить в рассрочку!
Maintaining a stable level of power quality in the distribution network is a growing challenge due to increased use of power electronics converters in domestic, commercial and industrial sectors. Power quality deterioration is manifested in increased losses; poor utilization of distribution systems; mal-operation of sensitive equipment and disturbances to nearby consumers, protective devices, and communication systems. However, as the energy-saving benefits will result in increased AC power processed through power electronics converters, there is a compelling need for improved understanding of mitigation techniques for power quality problems. This timely book comprehensively identifies, classifies, analyses and quantifies all associated power quality problems, including the direct integration of renewable energy sources in the distribution system, and systematically delivers mitigation techniques to overcome these problems. Key features: • Emphasis on in-depth learning of the latest topics in power quality extensively illustrated with waveforms and phasor diagrams. • Essential theory supported by solved numerical examples, review questions, and unsolved numerical problems to reinforce understanding. • Companion website contains solutions to unsolved numerical problems, providing hands-on experience. Senior undergraduate and graduate electrical engineering students and instructors will find this an invaluable resource for education in the field of power quality. It will also support continuing professional development for practicing engineers in distribution and transmission system operators.
Frank Fabozzi J. A Probability Metrics Approach to Financial Risk Measures Frank Fabozzi J. A Probability Metrics Approach to Financial Risk Measures Новинка

Frank Fabozzi J. A Probability Metrics Approach to Financial Risk Measures

17053.2 руб. или Купить в рассрочку!
A Probability Metrics Approach to Financial Risk Measures relates the field of probability metrics and risk measures to one another and applies them to finance for the first time. Helps to answer the question: which risk measure is best for a given problem? Finds new relations between existing classes of risk measures Describes applications in finance and extends them where possible Presents the theory of probability metrics in a more accessible form which would be appropriate for non-specialists in the field Applications include optimal portfolio choice, risk theory, and numerical methods in finance Topics requiring more mathematical rigor and detail are included in technical appendices to chapters
Vitoriano Ruas Numerical Methods for Partial Differential Equations. An Introduction Vitoriano Ruas Numerical Methods for Partial Differential Equations. An Introduction Новинка

Vitoriano Ruas Numerical Methods for Partial Differential Equations. An Introduction

6501.96 руб. или Купить в рассрочку!
Numerical Methods for Partial Differential Equations: An Introduction Vitoriano Ruas, Sorbonne Universités, UPMC – Université Paris 6, France A comprehensive overview of techniques for the computational solution of PDE's Numerical Methods for Partial Differential Equations: An Introduction covers the three most popular methods for solving partial differential equations: the finite difference method, the finite element method and the finite volume method. The book combines clear descriptions of the three methods, their reliability, and practical implementation aspects. Justifications for why numerical methods for the main classes of PDE's work or not, or how well they work, are supplied and exemplified. Aimed primarily at students of Engineering, Mathematics, Computer Science, Physics and Chemistry among others this book offers a substantial insight into the principles numerical methods in this class of problems are based upon. The book can also be used as a reference for research work on numerical methods for PDE’s. Key features: A balanced emphasis is given to both practical considerations and a rigorous mathematical treatment The reliability analyses for the three methods are carried out in a unified framework and in a structured and visible manner, for the basic types of PDE's Special attention is given to low order methods, as practitioner's overwhelming default options for everyday use New techniques are employed to derive known results, thereby simplifying their proof Supplementary material is available from a companion website.
Markus Hoechstoetter Probability and Statistics for Finance Markus Hoechstoetter Probability and Statistics for Finance Новинка

Markus Hoechstoetter Probability and Statistics for Finance

6086.54 руб. или Купить в рассрочку!
A comprehensive look at how probability and statistics is applied to the investment process Finance has become increasingly more quantitative, drawing on techniques in probability and statistics that many finance practitioners have not had exposure to before. In order to keep up, you need a firm understanding of this discipline. Probability and Statistics for Finance addresses this issue by showing you how to apply quantitative methods to portfolios, and in all matter of your practices, in a clear, concise manner. Informative and accessible, this guide starts off with the basics and builds to an intermediate level of mastery. • Outlines an array of topics in probability and statistics and how to apply them in the world of finance • Includes detailed discussions of descriptive statistics, basic probability theory, inductive statistics, and multivariate analysis • Offers real-world illustrations of the issues addressed throughout the text The authors cover a wide range of topics in this book, which can be used by all finance professionals as well as students aspiring to enter the field of finance.
Robert Schunk W. Modeling the Ionosphere-Thermosphere, Volume 201 Robert Schunk W. Modeling the Ionosphere-Thermosphere, Volume 201 Новинка

Robert Schunk W. Modeling the Ionosphere-Thermosphere, Volume 201

10203.74 руб. или Купить в рассрочку!
Published by the American Geophysical Union as part of the Geophysical Monograph Series, Volume 201. Modeling the Ionosphere-Thermosphere System brings together for the first time a detailed description of the physics of the IT system in conjunction with numerical techniques to solve the complex system of equations that describe the system, as well as issues of current interest. Volume highlights include discussions of: Physics of the ionosphere and thermosphere IT system, and the numerical methods to solve the basic equations of the IT system The physics and numerical methods to determine the global electrodynamics of the IT system The response of the IT system to forcings from below (i.e., the lower atmosphere) and from above (i.e., the magnetosphere) The physics and numerical methods to model ionospheric irregularities Data assimilation techniques, comparison of model results to data, climate variability studies, and applications to space weather Providing a clear description of the physics of this system in several tutorial-like articles, Modeling the Ionosphere-Thermosphere System is of value to the upper atmosphere science community in general. Chapters describing details of the numerical methods used to solve the equations that describe the IT system make the volume useful to both active researchers in the field and students.
Zamir Iqbal Intermediate Islamic Finance Zamir Iqbal Intermediate Islamic Finance Новинка

Zamir Iqbal Intermediate Islamic Finance

5766.19 руб. или Купить в рассрочку!
Explore Islamic finance at a deeper level Intermediate Islamic Finance: Theory and Practice fills the gap for students and professionals who are already familiar with the fundamentals of Islamic finance, but would like to gain an enhanced understanding of Islamic finance theories and practices. This comprehensive text provides you with coverage of global developments and describes the role of Islamic finance within the global finance community to guide you in your understanding of this important aspect of the international financial landscape. The book references advance concepts and specific problems in the practice of Islamic finance, provides suggested further readings for each chapter, offers details of advanced analysis, and presents key data in visual form via graphs, figures, and tables. Profound changes have taken place in the financial landscape over the past few decades, including major innovations in financial instruments and substantial changes in regulation. With global financial markets becoming increasingly important players in the industry, it is critical that today's financial professionals understand the essence and implications of key Islamic finance theories and practices. Build upon your fundamental understanding of Islamic finance Explore some areas of convergence and conflict between Islamic finance and conventional finance Strengthen the harmony between Islamic and conventional finance theories and their applications Prepare for a well-rounded career in finance by better understanding how Islamic finance principles apply Intermediate Islamic Finance: Theory and Practice is an essential text for graduate and post-graduate finance students, economists, researchers, bankers, financial regulators, policymakers, and members of the business community who want to develop a deeper understanding of Islamic finance theories and practices.
Mario Massari Corporate Valuation. Measuring the Value of Companies in Turbulent Times Mario Massari Corporate Valuation. Measuring the Value of Companies in Turbulent Times Новинка

Mario Massari Corporate Valuation. Measuring the Value of Companies in Turbulent Times

6086.54 руб. или Купить в рассрочку!
Risk consideration is central to more accurate post-crisis valuation Corporate Valuation presents the most up-to-date tools and techniques for more accurate valuation in a highly volatile, globalized, and risky business environment. This insightful guide takes a multidisciplinary approach, considering both accounting and financial principles, with a practical focus that uses case studies and numerical examples to illustrate major concepts. Readers are walked through a map of the valuation approaches proven most effective post-crisis, with explicit guidance toward implementation and enhancement using advanced tools, while exploring new models, techniques, and perspectives on the new meaning of value. Risk centrality and scenario analysis are major themes among the techniques covered, and the companion website provides relevant spreadsheets, models, and instructor materials. Business is now done in a faster, more diverse, more interconnected environment, making valuation an increasingly more complex endeavor. New types of risks and competition are shaping operations and finance, redefining the importance of managing uncertainty as the key to success. This book brings that perspective to bear in valuation, providing new insight, new models, and practical techniques for the modern finance industry. Gain a new understanding of the idea of «value,» from both accounting and financial perspectives Learn new valuation models and techniques, including scenario-based valuation, the Monte Carlo analysis, and other advanced tools Understand valuation multiples as adjusted for risk and cycle, and the decomposition of deal multiples Examine the approach to valuation for rights issues and hybrid securities, and more Traditional valuation models are inaccurate in that they hinge on the idea of ensured success and only minor adjustments to forecasts. These rules no longer apply, and accurate valuation demands a shift in the paradigm. Corporate Valuation describes that shift, and how it translates to more accurate methods.
Daniel Duffy J. Financial Instrument Pricing Using C++ Daniel Duffy J. Financial Instrument Pricing Using C++ Новинка

Daniel Duffy J. Financial Instrument Pricing Using C++

7367.91 руб. или Купить в рассрочку!
An integrated guide to C++ and computational finance This complete guide to C++ and computational finance is a follow-up and major extension to Daniel J. Duffy's 2004 edition of Financial Instrument Pricing Using C++. Both C++ and computational finance have evolved and changed dramatically in the last ten years and this book documents these improvements. Duffy focuses on these developments and the advantages for the quant developer by: Delving into a detailed account of the new C++11 standard and its applicability to computational finance. Using de-facto standard libraries, such as Boost and Eigen to improve developer productivity. Developing multiparadigm software using the object-oriented, generic, and functional programming styles. Designing flexible numerical algorithms: modern numerical methods and multiparadigm design patterns. Providing a detailed explanation of the Finite Difference Methods through six chapters, including new developments such as ADE, Method of Lines (MOL), and Uncertain Volatility Models. Developing applications, from financial model to algorithmic design and code, through a coherent approach. Generating interoperability with Excel add-ins, C#, and C++/CLI. Using random number generation in C++11 and Monte Carlo simulation. Full source code is available by registering at www.datasimfinancial.com. Duffy adopted a spiral model approach while writing each chapter of Financial Instrument Pricing Using C++ 2e: analyse a little, design a little, and code a little. Each cycle ends with a working prototype in C++ and shows how a given algorithm or numerical method works. Additionally, each chapter contains non-trivial exercises and projects that discuss improvements and extensions to the material. This book is for designers and application developers in computational finance, and assumes the reader has some fundamental experience of C++ and derivatives pricing.
Petre Teodorescu Numerical Analysis with Applications in Mechanics and Engineering Petre Teodorescu Numerical Analysis with Applications in Mechanics and Engineering Новинка

Petre Teodorescu Numerical Analysis with Applications in Mechanics and Engineering

10127.16 руб. или Купить в рассрочку!
A much-needed guide on how to use numerical methods to solve practical engineering problems Bridging the gap between mathematics and engineering, Numerical Analysis with Applications in Mechanics and Engineering arms readers with powerful tools for solving real-world problems in mechanics, physics, and civil and mechanical engineering. Unlike most books on numerical analysis, this outstanding work links theory and application, explains the mathematics in simple engineering terms, and clearly demonstrates how to use numerical methods to obtain solutions and interpret results. Each chapter is devoted to a unique analytical methodology, including a detailed theoretical presentation and emphasis on practical computation. Ample numerical examples and applications round out the discussion, illustrating how to work out specific problems of mechanics, physics, or engineering. Readers will learn the core purpose of each technique, develop hands-on problem-solving skills, and get a complete picture of the studied phenomenon. Coverage includes: How to deal with errors in numerical analysis Approaches for solving problems in linear and nonlinear systems Methods of interpolation and approximation of functions Formulas and calculations for numerical differentiation and integration Integration of ordinary and partial differential equations Optimization methods and solutions for programming problems Numerical Analysis with Applications in Mechanics and Engineering is a one-of-a-kind guide for engineers using mathematical models and methods, as well as for physicists and mathematicians interested in engineering problems.
Ngai Chan Hang Simulation Techniques in Financial Risk Management Ngai Chan Hang Simulation Techniques in Financial Risk Management Новинка

Ngai Chan Hang Simulation Techniques in Financial Risk Management

Praise for the First Edition “…a nice, self-contained introduction to simulation and computational techniques in finance…” – Mathematical Reviews Simulation Techniques in Financial Risk Management, Second Edition takes a unique approach to the field of simulations by focusing on techniques necessary in the fields of finance and risk management. Thoroughly updated, the new edition expands on several key topics in these areas and presents many of the recent innovations in simulations and risk management, such as advanced option pricing models beyond the Black–Scholes paradigm, interest rate models, MCMC methods including stochastic volatility models simulations, model assets and model-free properties, jump diffusion, and state space modeling. The Second Edition also features: Updates to primary software used throughout the book, Microsoft Office® Excel® VBA New topical coverage on multiple assets, model-free properties, and related models More than 300 exercises at the end of each chapter, with select answers in the appendix, to help readers apply new concepts and test their understanding Extensive use of examples to illustrate how to use simulation techniques in risk management Practical case studies, such as the pricing of exotic options; simulations of Greeks in hedging; and the use of Bayesian ideas to assess the impact of jumps, so readers can reproduce the results of the studies A related website with additional solutions to problems within the book as well as Excel VBA and S-Plus computer code for many of the examples within the book Simulation Techniques in Financial Risk Management, Second Edition is an invaluable resource for risk managers in the financial and actuarial industries as well as a useful reference for readers interested in learning how to better gauge risk and make more informed decisions. The book is also ideal for upper-undergraduate and graduate-level courses in simulation and risk management.
Zhen-Guo Wang Internal Combustion Processes of Liquid Rocket Engines. Modeling and Numerical Simulations Zhen-Guo Wang Internal Combustion Processes of Liquid Rocket Engines. Modeling and Numerical Simulations Новинка

Zhen-Guo Wang Internal Combustion Processes of Liquid Rocket Engines. Modeling and Numerical Simulations

11041.05 руб. или Купить в рассрочку!
This book concentrates on modeling and numerical simulations of combustion in liquid rocket engines, covering liquid propellant atomization, evaporation of liquid droplets, turbulent flows, turbulent combustion, heat transfer, and combustion instability. It presents some state of the art models and numerical methodologies in this area. The book can be categorized into two parts. Part 1 describes the modeling for each subtopic of the combustion process in the liquid rocket engines. Part 2 presents detailed numerical methodology and several representative applications in simulations of rocket engine combustion.
Luc Nijs Mezzanine Financing. Tools, Applications and Total Performance Luc Nijs Mezzanine Financing. Tools, Applications and Total Performance Новинка

Luc Nijs Mezzanine Financing. Tools, Applications and Total Performance

5894.33 руб. или Купить в рассрочку!
An in-depth explanation of mezzanine finance Mezzanine finance products, which have grown increasingly popular in recent years, involve a unique and complex form of analysis because of their hybrid nature. Because mezzanine finance involves no collateral, it accentuates legal terms, term sheets, and contracts, in addition to depicting dynamics of both debt and equity. Experienced chairman, lecturer, and professor of investment banking Luc Nijs presents readers with a thorough description of product groups, structuring and pricing, and cultural discrepancies in terms of regulation and application in Mezzanine Financing: Tools, Applications and Total Performance. Nijs analyzes common triumphs and failures encountered in mezzanine financing, and he discusses techniques for risk analysis and risk mitigation. A final study of international capital markets, their products' relevance, attractiveness, and liquidity, and the effects on pure equity/fixed-income risk concludes the book. Conveys a professional's advice through case studies of various regions, industries and contexts Provides the only complete analysis of mezzanine finance as no other books take on the topic as their only subject Details an increasingly popular and globally relevant subject in finance Those seeking a detailed explanation of the complexities within mezzanine financing will encounter a professional account in Nijs's book.
Farid Najm N. Circuit Simulation Farid Najm N. Circuit Simulation Новинка

Farid Najm N. Circuit Simulation

11455.5 руб. или Купить в рассрочку!
A Definitive text on developing circuit simulators Circuit Simulation gives a clear description of the numerical techniques and algorithms that are part of modern circuit simulators, with a focus on the most commonly used simulation modes: DC analysis and transient analysis. Tested in a graduate course on circuit simulation at the University of Toronto, this unique text provides the reader with sufficient detail and mathematical rigor to write his/her own basic circuit simulator. There is detailed coverage throughout of the mathematical and numerical techniques that are the basis for the various simulation topics, which facilitates a complete understanding of practical simulation techniques. In addition, Circuit Simulation: Explores a number of modern techniques from numerical analysis that are not synthesized anywhere else Covers network equation formulation in detail, with an emphasis on modified nodal analysis Gives a comprehensive treatment of the most relevant aspects of linear and nonlinear system solution techniques States all theorems without proof in order to maintain the focus on the end-goal of providing coverage of practical simulation methods Provides ample references for further study Enables newcomers to circuit simulation to understand the material in a concrete and holistic manner With problem sets and computer projects at the end of every chapter, Circuit Simulation is ideally suited for a graduate course on this topic. It is also a practical reference for design engineers and computer-aided design practitioners, as well as researchers and developers in both industry and academia.
Xin-She Yang Mathematical Modeling with Multidisciplinary Applications Xin-She Yang Mathematical Modeling with Multidisciplinary Applications Новинка

Xin-She Yang Mathematical Modeling with Multidisciplinary Applications

10432.03 руб. или Купить в рассрочку!
Features mathematical modeling techniques and real-world processes with applications in diverse fields Mathematical Modeling with Multidisciplinary Applications details the interdisciplinary nature of mathematical modeling and numerical algorithms. The book combines a variety of applications from diverse fields to illustrate how the methods can be used to model physical processes, design new products, find solutions to challenging problems, and increase competitiveness in international markets. Written by leading scholars and international experts in the field, the book presents new and emerging topics in areas including finance and economics, theoretical and applied mathematics, engineering and machine learning, physics, chemistry, ecology, and social science. In addition, the book thoroughly summarizes widely used mathematical and numerical methods in mathematical modeling and features: Diverse topics such as partial differential equations (PDEs), fractional calculus, inverse problems by ordinary differential equations (ODEs), semigroups, decision theory, risk analysis, Bayesian estimation, nonlinear PDEs in financial engineering, perturbation analysis, and dynamic system modeling Case studies and real-world applications that are widely used for current mathematical modeling courses, such as the green house effect and Stokes flow estimation Comprehensive coverage of a wide range of contemporary topics, such as game theory, statistical models, and analytical solutions to numerical methods Examples, exercises with select solutions, and detailed references to the latest literature to solidify comprehensive learning New techniques and applications with balanced coverage of PDEs, discrete models, statistics, fractional calculus, and more Mathematical Modeling with Multidisciplinary Applications is an excellent book for courses on mathematical modeling and applied mathematics at the upper-undergraduate and graduate levels. The book also serves as a valuable reference for research scientists, mathematicians, and engineers who would like to develop further insights into essential mathematical tools.
Francois Longin Extreme Events in Finance. A Handbook of Extreme Value Theory and its Applications Francois Longin Extreme Events in Finance. A Handbook of Extreme Value Theory and its Applications Новинка

Francois Longin Extreme Events in Finance. A Handbook of Extreme Value Theory and its Applications

11421.78 руб. или Купить в рассрочку!
A guide to the growing importance of extreme value risk theory, methods, and applications in the financial sector Presenting a uniquely accessible guide, Extreme Events in Finance: A Handbook of Extreme Value Theory and Its Applications features a combination of the theory, methods, and applications of extreme value theory (EVT) in finance and a practical understanding of market behavior including both ordinary and extraordinary conditions. Beginning with a fascinating history of EVTs and financial modeling, the handbook introduces the historical implications that resulted in the applications and then clearly examines the fundamental results of EVT in finance. After dealing with these theoretical results, the handbook focuses on the EVT methods critical for data analysis. Finally, the handbook features the practical applications and techniques and how these can be implemented in financial markets. Extreme Events in Finance: A Handbook of Extreme Value Theory and Its Applications includes: • Over 40 contributions from international experts in the areas of finance, statistics, economics, business, insurance, and risk management • Topical discussions on univariate and multivariate case extremes as well as regulation in financial markets • Extensive references in order to provide readers with resources for further study • Discussions on using R packages to compute the value of risk and related quantities The book is a valuable reference for practitioners in financial markets such as financial institutions, investment funds, and corporate treasuries, financial engineers, quantitative analysts, regulators, risk managers, large-scale consultancy groups, and insurers. Extreme Events in Finance: A Handbook of Extreme Value Theory and Its Applications is also a useful textbook for postgraduate courses on the methodology of EVTs in finance. François Longin, PhD, is Professor in the Department of Finance at ESSEC Business School, France. He has been working on the applications of extreme value theory to financial markets for many years, and his research has been applied by financial institutions in the risk management area including market, credit, and operational risks. His research works can be found in scientific journals such as The Journal of Finance. Dr. Longin is currently a financial consultant with expertise covering risk management for financial institutions and portfolio management for asset management firms.
Frank Fabozzi J. Securities Finance. Securities Lending and Repurchase Agreements Frank Fabozzi J. Securities Finance. Securities Lending and Repurchase Agreements Новинка

Frank Fabozzi J. Securities Finance. Securities Lending and Repurchase Agreements

7688.26 руб. или Купить в рассрочку!
In Securities Finance, editors Frank Fabozzi and Steven Mann assemble a group of prominent practitioners in the securities finance industry to provide readers with an enhanced understanding of the various arrangements in the securities finance market. Divided into three comprehensive parts—Securities Lending, Bond Financing via the Repo Market, and Equity Financing Alternatives to Securities Lending—this book covers a wide range of securities finance issues, including alternative routes to the securities lending market, evaluating risks in securities lending transactions, U.S. and European repo markets, dollar rolls and their impact on MBS valuation and strategies, derivatives for financing equity positions and equity repos, and more. Filled with in-depth insight and expert advice, Securities Finance contains the information readers need to succeed in this rapidly expanding market.
Pascal Quiry Corporate Finance. Theory and Practice Pascal Quiry Corporate Finance. Theory and Practice Новинка

Pascal Quiry Corporate Finance. Theory and Practice

5766.19 руб. или Купить в рассрочку!
Merging theory and practice into a comprehensive, highly-anticipated text Corporate Finance continues its legacy as one of the most popular financial textbooks, with well-established content from a diverse and highly respected author team. Unique in its features, this valuable text blends theory and practice with a direct, succinct style and commonsense presentation. Readers will be introduced to concepts in a situational framework, followed by a detailed discussion of techniques and tools. This latest edition includes new information on venture finance and debt structuring, and has been updated throughout with the most recent statistical tables. The companion website provides statistics, graphs, charts, articles, computer models, and classroom tools, and the free monthly newsletter keeps readers up to date on the latest happenings in the field. The authors have generously made themselves available for questions, promising an answer in seventy-two hours. Emphasizing how key concepts relate to real-world situations is what makes Corporate Finance a valuable reference with real relevance to the professional and student alike. Readers will gain insight into the methods and tools that shape the industry, allowing them to: Analyze investments with regard to hurdle rates, cash flows, side costs, and more Delve into the financing process and learn the tools and techniques of valuation Understand cash dividends and buybacks, spinoffs, and divestitures Explore the link between valuation and corporate finance As the global economy begins to recover, access to the most current information and statistics will be required. To remain relevant in the evolving financial environment, practitioners will need a deep understanding of the mechanisms at work. Corporate Finance provides the expert guidance and detailed explanations for those requiring a strong foundational knowledge, as well as more advanced corporate finance professionals.
S. Lui H Numerical Analysis of Partial Differential Equations S. Lui H Numerical Analysis of Partial Differential Equations Новинка

S. Lui H Numerical Analysis of Partial Differential Equations

9764.09 руб. или Купить в рассрочку!
A balanced guide to the essential techniques for solving elliptic partial differential equations Numerical Analysis of Partial Differential Equations provides a comprehensive, self-contained treatment of the quantitative methods used to solve elliptic partial differential equations (PDEs), with a focus on the efficiency as well as the error of the presented methods. The author utilizes coverage of theoretical PDEs, along with the nu merical solution of linear systems and various examples and exercises, to supply readers with an introduction to the essential concepts in the numerical analysis of PDEs. The book presents the three main discretization methods of elliptic PDEs: finite difference, finite elements, and spectral methods. Each topic has its own devoted chapters and is discussed alongside additional key topics, including: The mathematical theory of elliptic PDEs Numerical linear algebra Time-dependent PDEs Multigrid and domain decomposition PDEs posed on infinite domains The book concludes with a discussion of the methods for nonlinear problems, such as Newton's method, and addresses the importance of hands-on work to facilitate learning. Each chapter concludes with a set of exercises, including theoretical and programming problems, that allows readers to test their understanding of the presented theories and techniques. In addition, the book discusses important nonlinear problems in many fields of science and engineering, providing information as to how they can serve as computing projects across various disciplines. Requiring only a preliminary understanding of analysis, Numerical Analysis of Partial Differential Equations is suitable for courses on numerical PDEs at the upper-undergraduate and graduate levels. The book is also appropriate for students majoring in the mathematical sciences and engineering.
Theodore Grossman The Portable MBA in Finance and Accounting Theodore Grossman The Portable MBA in Finance and Accounting Новинка

Theodore Grossman The Portable MBA in Finance and Accounting

The most comprehensive and authoritative review of B-School fundamentals—from top accounting and finance professors For years, the Portable MBA series has tracked the core curricula of leading business schools to teach you the fundamentals you need to know about business-without the extreme costs of earning an MBA degree. The Portable MBA in Finance and Accounting covers all the core methods and techniques you would learn in business school, using real-life examples to deliver clear, practical guidance on finance and accounting. The new edition also includes free downloadable spreadsheets and web resources. If you’re in charge of making decisions at your own or someone else’s business, you need the best information and insight on modern finance and accounting practice. This reliable, information-packed resource shows you how to understand the numbers, plan and forecast for the future, and make key strategic decisions. Plus, this new edition covers the effects of Sarbanes-Oxley, applying ethical accounting standards, and offers career advice. • Completely updated with new examples, new topics, and full coverage of topical issues in finance and accounting—fifty percent new material • The most comprehensive and authoritative book in its category • Teaches you virtually everything you'd learn about finance and accounting in today's best business schools Whether you’re thinking of starting your own business or you already have and just need to brush up on finance and accounting basics, this is the only guide you need.
Tariq Alrifai Islamic Finance and the New Financial System. An Ethical Approach to Preventing Future Financial Crises Tariq Alrifai Islamic Finance and the New Financial System. An Ethical Approach to Preventing Future Financial Crises Новинка

Tariq Alrifai Islamic Finance and the New Financial System. An Ethical Approach to Preventing Future Financial Crises

4484.82 руб. или Купить в рассрочку!
Can Islamic finance save the global system? Islamic Finance and the New Financial System describes how the adoption of Islamic finance principles in future regulatory decisions could help prevent future shocks in the global financial system. Using illustrations and examples to highlight key points in recent history, this book discusses the causes of financial crises, why they are becoming more frequent and increasingly severe, and how the new financial system will incorporate elements of Islamic finance – whether deliberately or not. With an introspective look at the system and an examination of the misconceptions and deficiencies in theory vs. practice, readers will learn why Islamic finance has not been as influential as it should be on the larger global system. Solutions to these crises are thoroughly detailed, and the author puts forth a compelling argument about what can be expected in the future. Despite international intervention and global policy changes, the financial system remains in a fragile state. There is an argument to be made about integrating Islamic finance into the new system to facilitate stronger resilience, and this book explains the nuts and bolts of the idea while providing the reader with a general understanding of Islamic finance. Understand the key principles of Islamic finance Examine the history of the current financial system Discover how Islamic finance can help build a new debt-free economy Learn how Islamic finance theory doesn't always dictate practice Although Islamic finance is a growing market, it is still a foreign concept to many. Those within the Islamic finance circles wonder why the system has yet to gain broader appeal despite its ability to create a strong and well-balanced economy. Islamic Finance and the New Financial System provides clever analysis and historical background to put the issues into perspective.
Ginés Pedrola Lifante Beam Propagation Method for Design of Optical Waveguide Devices Ginés Pedrola Lifante Beam Propagation Method for Design of Optical Waveguide Devices Новинка

Ginés Pedrola Lifante Beam Propagation Method for Design of Optical Waveguide Devices

9102.74 руб. или Купить в рассрочку!
The basic of the BPM technique in the frequency domain relies on treating the slowly varying envelope of the monochromatic electromagnetic field under paraxial propagation, thus allowing efficient numerical computation in terms of speed and allocated memory. In addition, the BPM based on finite differences is an easy way to implement robust and efficient computer codes. This book presents several approaches for treating the light: wide-angle, scalar approach, semivectorial treatment, and full vectorial treatment of the electromagnetic fields. Also, special topics in BPM cover the simulation of light propagation in anisotropic media, non-linear materials, electro-optic materials, and media with gain/losses, and describe how BPM can deal with strong index discontinuities or waveguide gratings, by introducing the bidirectional-BPM. BPM in the time domain is also described, and the book includes the powerful technique of finite difference time domain method, which fills the gap when the standard BPM is no longer applicable. Once the description of these numerical techniques have been detailed, the last chapter includes examples of passive, active and functional integrated photonic devices, such as waveguide reflectors, demultiplexers, polarization converters, electro-optic modulators, lasers or frequency converters. The book will help readers to understand several BPM approaches, to build their own codes, or to properly use the existing commercial software based on these numerical techniques.
John Boatright R. Finance Ethics. Critical Issues in Theory and Practice John Boatright R. Finance Ethics. Critical Issues in Theory and Practice Новинка

John Boatright R. Finance Ethics. Critical Issues in Theory and Practice

6727.22 руб. или Купить в рассрочку!
A groundbreaking exploration of the critical ethical issues in financial theory and practice Compiled by volume editor John Boatright, Finance Ethics consists of contributions from scholars from many different finance disciplines. It covers key issues in financial markets, financial services, financial management, and finance theory, and includes chapters on market regulation, due diligence, reputational risk, insider trading, derivative contracts, hedge funds, mutual and pension funds, insurance, socially responsible investing, microfinance, earnings management, risk management, bankruptcy, executive compensation, hostile takeovers, and boards of directors. Special attention is given to fairness in markets and the delivery of financial services, and to the duties of fiduciaries and agents Rigorous analysis of the topics covered provides essential information and practical guidance for practitioners in finance as well as for students and academics with an interest in finance ethics Ethics in Finance skillfully explains the need for ethics in the personal conduct of finance professionals and the operation of financial markets and institutions.
Paul Williams D. Modeling Atmospheric and Oceanic Flows. Insights from Laboratory Experiments and Numerical Simulations Paul Williams D. Modeling Atmospheric and Oceanic Flows. Insights from Laboratory Experiments and Numerical Simulations Новинка

Paul Williams D. Modeling Atmospheric and Oceanic Flows. Insights from Laboratory Experiments and Numerical Simulations

11798.89 руб. или Купить в рассрочку!
Modeling Atmospheric and Oceanic Flows: Insights from Laboratory Experiments and Numerical Simulations provides a broad overview of recent progress in using laboratory experiments and numerical simulations to model atmospheric and oceanic fluid motions. This volume not only surveys novel research topics in laboratory experimentation, but also highlights recent developments in the corresponding computational simulations. As computing power grows exponentially and better numerical codes are developed, the interplay between numerical simulations and laboratory experiments is gaining paramount importance within the scientific community. The lessons learnt from the laboratory–model comparisons in this volume will act as a source of inspiration for the next generation of experiments and simulations. Volume highlights include: Topics pertaining to atmospheric science, climate physics, physical oceanography, marine geology and geophysics Overview of the most advanced experimental and computational research in geophysics Recent developments in numerical simulations of atmospheric and oceanic fluid motion Unique comparative analysis of the experimental and numerical approaches to modeling fluid flow Modeling Atmospheric and Oceanic Flows will be a valuable resource for graduate students, researchers, and professionals in the fields of geophysics, atmospheric sciences, oceanography, climate science, hydrology, and experimental geosciences.
Jean-Michel Bergheau Thermo-Mechanical Industrial Processes. Modeling and Numerical Simulation Jean-Michel Bergheau Thermo-Mechanical Industrial Processes. Modeling and Numerical Simulation Новинка

Jean-Michel Bergheau Thermo-Mechanical Industrial Processes. Modeling and Numerical Simulation

13992.63 руб. или Купить в рассрочку!
The numerical simulation of manufacturing processes and of their mechanical consequences is of growing interest in industry. However, such simulations need the modeling of couplings between several physical phenomena such as heat transfer, material transformations and solid or fluid mechanics, as well as to be adapted to numerical methodologies. This book gathers a state of the art on how to simulate industrial processes, what data are needed and what numerical simulation can bring. Assembling processes such as welding and friction stir welding, material removal processes, elaboration processes of composite structures, sintering processes, surface-finishing techniques, and thermo-chemical treatments are investigated. This book is the work of a group of researchers who have been working together in this field for more than 12 years. It should prove useful for both those working in industry and those studying the numerical methods applied to multiphysics problems encountered in manufacturing processes.
M. J. Alhabeeb Entrepreneurial Finance. Fundamentals of Financial Planning and Management for Small Business M. J. Alhabeeb Entrepreneurial Finance. Fundamentals of Financial Planning and Management for Small Business Новинка

M. J. Alhabeeb Entrepreneurial Finance. Fundamentals of Financial Planning and Management for Small Business

10203.74 руб. или Купить в рассрочку!
Featuring key topics within finance, small business management, and entrepreneurship to develop and maintain prosperous business ventures With a comprehensive and organized approach to fundamental financial theories, tools, and management techniques, Entrepreneurial Finance: Fundamentals of Financial Planning and Management for Small Business equips readers with the necessary fundamental knowledge and advanced skills to succeed in small firm and business settings. With a unique combination of topics from finance, small business management, and entrepreneurship, the book prepares readers for the challenges of today’s economy. Entrepreneurial Finance: Fundamentals of Financial Planning and Management for Small Business begins with key concepts of small business management and entrepreneurship, including management tools and techniques needed to establish, run, and lead business ventures. The book then delves into how small businesses are operated, managed, and controlled. General finance skills and methods are integrated throughout, and the book also features: Numerous practical examples and scenarios that provide a real-world perspective on entrepreneurship and small business management A brief summary, list of key concepts, and ten discussion questions at the end of each chapter to prepare readers for the challenges of today's economy A practical guide to the complete life of a small business, from establishing a new venture to training and developing young entrepreneurs tasked with maintaining and developing a prosperous economy An in-depth discussion of the entire process of writing a successful business plan, including the rationale, significance, and requirements Techniques needed to solidify the free enterprise tradition, develop entrepreneurial strategies, and grow small businesses Entrepreneurial Finance: Fundamentals of Financial Planning and Management for Small Business is an ideal textbook for upper-undergraduate and first-year graduate courses in entrepreneurial finance within business, economics, management science, and public administration departments. The book is also useful for MBA-level courses as well as for business and management PhD majors as a resource in methodology. The book is also an idea reference for entrepreneurs, business managers, market analysts, and decision makers who require information about the theoretical and quantitative aspects of entrepreneurial finance.
Paul Asquith Lessons in Corporate Finance. A Case Studies Approach to Financial Tools, Financial Policies, and Valuation Paul Asquith Lessons in Corporate Finance. A Case Studies Approach to Financial Tools, Financial Policies, and Valuation Новинка

Paul Asquith Lessons in Corporate Finance. A Case Studies Approach to Financial Tools, Financial Policies, and Valuation

4805.16 руб. или Купить в рассрочку!
A discussion-based learning approach to corporate finance fundamentals Lessons in Corporate Finance explains the fundamentals of the field in an intuitive way, using a unique Socratic question and answer approach. Written by award-winning professors at M.I.T. and Tufts, this book draws on years of research and teaching to deliver a truly interactive learning experience. Each case study is designed to facilitate class discussion, based on a series of increasingly detailed questions and answers that reinforce conceptual insights with numerical examples. Complete coverage of all areas of corporate finance includes capital structure and financing needs along with project and company valuation, with specific guidance on vital topics such as ratios and pro formas, dividends, debt maturity, asymmetric information, and more. Corporate finance is a complex field composed of a broad variety of sub-disciplines, each involving a specific skill set and nuanced body of knowledge. This text is designed to give you an intuitive understanding of the fundamentals to provide a solid foundation for more advanced study. Identify sources of funding and corporate capital structure Learn how managers increase the firm's value to shareholders Understand the tools and analysis methods used for allocation Explore the five methods of valuation with free cash flow to firm and equity Navigating the intricate operations of corporate finance requires a deep and instinctual understanding of the broad concepts and practical methods used every day. Interactive, discussion-based learning forces you to go beyond memorization and actually apply what you know, simultaneously developing your knowledge, skills, and instincts. Lessons in Corporate Finance provides a unique opportunity to go beyond traditional textbook study and gain skills that are useful in the field.
Bernhard Pfaff Financial Risk Modelling and Portfolio Optimization with R Bernhard Pfaff Financial Risk Modelling and Portfolio Optimization with R Новинка

Bernhard Pfaff Financial Risk Modelling and Portfolio Optimization with R

8222.59 руб. или Купить в рассрочку!
Introduces the latest techniques advocated for measuring financial market risk and portfolio optimization, and provides a plethora of R code examples that enable the reader to replicate the results featured throughout the book. Financial Risk Modelling and Portfolio Optimization with R: Demonstrates techniques in modelling financial risks and applying portfolio optimization techniques as well as recent advances in the field. Introduces stylized facts, loss function and risk measures, conditional and unconditional modelling of risk; extreme value theory, generalized hyperbolic distribution, volatility modelling and concepts for capturing dependencies. Explores portfolio risk concepts and optimization with risk constraints. Enables the reader to replicate the results in the book using R code. Is accompanied by a supporting website featuring examples and case studies in R. Graduate and postgraduate students in finance, economics, risk management as well as practitioners in finance and portfolio optimization will find this book beneficial. It also serves well as an accompanying text in computer-lab classes and is therefore suitable for self-study.
Bernhard Pfaff Financial Risk Modelling and Portfolio Optimization with R Bernhard Pfaff Financial Risk Modelling and Portfolio Optimization with R Новинка

Bernhard Pfaff Financial Risk Modelling and Portfolio Optimization with R

6762.04 руб. или Купить в рассрочку!
Financial Risk Modelling and Portfolio Optimization with R, 2nd Edition Bernhard Pfaff, Invesco Global Asset Allocation, Germany A must have text for risk modelling and portfolio optimization using R. This book introduces the latest techniques advocated for measuring financial market risk and portfolio optimization, and provides a plethora of R code examples that enable the reader to replicate the results featured throughout the book. This edition has been extensively revised to include new topics on risk surfaces and probabilistic utility optimization as well as an extended introduction to R language. Financial Risk Modelling and Portfolio Optimization with R: Demonstrates techniques in modelling financial risks and applying portfolio optimization techniques as well as recent advances in the field. Introduces stylized facts, loss function and risk measures, conditional and unconditional modelling of risk; extreme value theory, generalized hyperbolic distribution, volatility modelling and concepts for capturing dependencies. Explores portfolio risk concepts and optimization with risk constraints. Is accompanied by a supporting website featuring examples and case studies in R. Includes updated list of R packages for enabling the reader to replicate the results in the book. Graduate and postgraduate students in finance, economics, risk management as well as practitioners in finance and portfolio optimization will find this book beneficial. It also serves well as an accompanying text in computer-lab classes and is therefore suitable for self-study.
Michael PhD Mastro Financial Derivative and Energy Market Valuation. Theory and Implementation in MATLAB Michael PhD Mastro Financial Derivative and Energy Market Valuation. Theory and Implementation in MATLAB Новинка

Michael PhD Mastro Financial Derivative and Energy Market Valuation. Theory and Implementation in MATLAB

11071.09 руб. или Купить в рассрочку!
A road map for implementing quantitative financial models Financial Derivative and Energy Market Valuation brings the application of financial models to a higher level by helping readers capture the true behavior of energy markets and related financial derivatives. The book provides readers with a range of statistical and quantitative techniques and demonstrates how to implement the presented concepts and methods in Matlab®. Featuring an unparalleled level of detail, this unique work provides the underlying theory and various advanced topics without requiring a prior high-level understanding of mathematics or finance. In addition to a self-contained treatment of applied topics such as modern Fourier-based analysis and affine transforms, Financial Derivative and Energy Market Valuation also: • Provides the derivation, numerical implementation, and documentation of the corresponding Matlab for each topic • Extends seminal works developed over the last four decades to derive and utilize present-day financial models • Shows how to use applied methods such as fast Fourier transforms to generate statistical distributions for option pricing • Includes all Matlab code for readers wishing to replicate the figures found throughout the book Thorough, practical, and easy to use, Financial Derivative and Energy Market Valuation is a first-rate guide for readers who want to learn how to use advanced numerical methods to implement and apply state-of-the-art financial models. The book is also ideal for graduate-level courses in quantitative finance, mathematical finance, and financial engineering.
Jean-Michel Bergheau Thermo-Mechanical Industrial Processes. Modeling and Numerical Simulation Jean-Michel Bergheau Thermo-Mechanical Industrial Processes. Modeling and Numerical Simulation Новинка

Jean-Michel Bergheau Thermo-Mechanical Industrial Processes. Modeling and Numerical Simulation

13858.57 руб. или Купить в рассрочку!
The numerical simulation of manufacturing processes and of their mechanical consequences is of growing interest in industry. However, such simulations need the modeling of couplings between several physical phenomena such as heat transfer, material transformations and solid or fluid mechanics, as well as to be adapted to numerical methodologies. This book gathers a state of the art on how to simulate industrial processes, what data are needed and what numerical simulation can bring. Assembling processes such as welding and friction stir welding, material removal processes, elaboration processes of composite structures, sintering processes, surface-finishing techniques, and thermo-chemical treatments are investigated. This book is the work of a group of researchers who have been working together in this field for more than 12 years. It should prove useful for both those working in industry and those studying the numerical methods applied to multiphysics problems encountered in manufacturing processes.
Michael Taillard Corporate Finance For Dummies Michael Taillard Corporate Finance For Dummies Новинка

Michael Taillard Corporate Finance For Dummies

1729.22 руб. или Купить в рассрочку!
Score your highest in corporate finance The math, formulas, and problems associated with corporate finance can be daunting to the uninitiated. Corporate Finance For Dummies introduces you to the practices of determining an operating budget, calculating future cash flow, and scenario analysis in a friendly, un-intimidating way that makes comprehension easy. Corporate Finance For Dummies covers everything you'll encounter in a course on corporate finance, including accounting statements, cash flow, raising and managing capital, choosing investments; managing risk; determining dividends; mergers and acquisitions; and valuation. Serves as an excellent resource to supplement coursework related to corporate finance Gives you the tools and advice you need to understand corporate finance principles and strategies Provides information on the risks and rewards associated with corporate finance and lending With easy-to-understand explanations and examples, Corporate Finance For Dummies is a helpful study guide to accompany your coursework, explaining the tough stuff in a way you can understand.
Pablo Triana Lecturing Birds on Flying. Can Mathematical Theories Destroy the Financial Markets? Pablo Triana Lecturing Birds on Flying. Can Mathematical Theories Destroy the Financial Markets? Новинка

Pablo Triana Lecturing Birds on Flying. Can Mathematical Theories Destroy the Financial Markets?

2302.63 руб. или Купить в рассрочку!
Praise for Lecturing Birds On Flying «Finally, a book taking a critical look at quantitative finance models, illuminating both their flawed fantasy assumptions as well as the uncritical use of such models on Wall Street, in many cases, leading to billion dollar losses. Pablo Triana knows both the financial industry and the academic community from the inside. A must-read for anyone interested in finance.» —Dr. Espen Gaarder Haug, trader, thinker, and author of Derivatives Models on Models «A thoroughly readable explanation of the problems that have beset the models and quantitative techniques that have underpinned so much of finance in recent years. If only the bankers had heeded this message a few years before, we might not be in such a big mess today.» —Gillian Tett, Assistant Editor of the Financial Times, overseeing global financial markets coverage, and author of Fool's Gold «Pablo Triana dismembers quantitative finance, in theory and in practice, with expertise, anger,and an excellent eye for the illuminating anecdote. By the time he has finished marshalling his evidence, his call to replace complex equations with something more like common sense sounds like, well, common sense.» —Edward Hadas, Assistant Editor at Breakingviews.com; and author of Human Goods, Economic Evils: A Moral Approach to the Dismal Science «Pablo Triana is an entertaining and engaging writer, even on the dry subject of finance theory. His debunking of conventional wisdom is a treat.» —Pauline Skypala, Editor, FTfm, Financial Times «Triana's book is an unrelenting fusillade of detailed and irrefutable arguments against financial theorems and those who teach them. It should, by rights, spark a revolution in both investment banks and business schools. But, at the very least, it is required reading for anyone who would regulate the finance industry.» —Felix Salmon, Finance Blogger, Reuters
Robert Navin L. The Mathematics of Derivatives. Tools for Designing Numerical Algorithms Robert Navin L. The Mathematics of Derivatives. Tools for Designing Numerical Algorithms Новинка

Robert Navin L. The Mathematics of Derivatives. Tools for Designing Numerical Algorithms

4997.37 руб. или Купить в рассрочку!
Praise for The Mathematics of Derivatives «The Mathematics of Derivatives provides a concise pedagogical discussion of both fundamental and very recent developments in mathematical finance, and is particularly well suited for readers with a science or engineering background. It is written from the point of view of a physicist focused on providing an understanding of the methodology and the assumptions behind derivative pricing. Navin has a unique and elegant viewpoint, and will help mathematically sophisticated readers rapidly get up to speed in the latest Wall Street financial innovations.» —David Montano, Managing Director JPMorgan Securities A stylish and practical introduction to the key concepts in financial mathematics, this book tackles key fundamentals in the subject in an intuitive and refreshing manner whilst also providing detailed analytical and numerical schema for solving interesting derivatives pricing problems. If Richard Feynman wrote an introduction to financial mathematics, it might look similar. The problem and solution sets are first rate." —Barry Ryan, Partner Bhramavira Capital Partners, London «This is a great book for anyone beginning (or contemplating), a career in financial research or analytic programming. Navin dissects a huge, complex topic into a series of discrete, concise, accessible lectures that combine the required mathematical theory with relevant applications to real-world markets. I wish this book was around when I started in finance. It would have saved me a lot of time and aggravation.» —Larry Magargal
Syeda Habib Fahmida Fundamentals of Islamic Finance and Banking Syeda Habib Fahmida Fundamentals of Islamic Finance and Banking Новинка

Syeda Habib Fahmida Fundamentals of Islamic Finance and Banking

4164.47 руб. или Купить в рассрочку!
A comprehensive and fully up-to-date introductory textbook to Islamic finance and banking Islamic finance and banking is being used increasingly globally – especially in the regions of Middle East and North Africa, South East and South Asia. To cater to the need of trained Islamic finance staff, a large number of Educational institutions are beginning to offer courses, majors and minors in Islamic finance and banking. The major challenge faced by these institutions are suitable textbooks for both undergrad and post-grad levels and especially with the relevant instructor resources (PPTs, test bank, practice activities and answer keys). Luckily, Fundamentals of Islamic Finance and Banking is here to cover the most important topics related to Islamic finance and banking (IF&B) that are relevant for students of business, finance and banking. Offers an historical background of Islamic finance Covers the principles of Sharia Law as pertinent to finance and banking Provides in-depth discussion of the six key Islamic banking products: Murabaha, Mudaraba, Musharaka, Ijara, Salam and Istisna Discusses the Islamic insurance (Takaful) Gives an overview of Islamic investment, especially Sukuks Concludes with the global standing of the Islamic Finance and Banking industry Would-be colleges and universities offering this subject as a course within their finance and/or banking program can’t be without this invaluable guide.
Ansgar Steland Financial Statistics and Mathematical Finance. Methods, Models and Applications Ansgar Steland Financial Statistics and Mathematical Finance. Methods, Models and Applications Новинка

Ansgar Steland Financial Statistics and Mathematical Finance. Methods, Models and Applications

7611.37 руб. или Купить в рассрочку!
Mathematical finance has grown into a huge area of research which requires a lot of care and a large number of sophisticated mathematical tools. Mathematically rigorous and yet accessible to advanced level practitioners and mathematicians alike, it considers various aspects of the application of statistical methods in finance and illustrates some of the many ways that statistical tools are used in financial applications. Financial Statistics and Mathematical Finance: Provides an introduction to the basics of financial statistics and mathematical finance. Explains the use and importance of statistical methods in econometrics and financial engineering. Illustrates the importance of derivatives and calculus to aid understanding in methods and results. Looks at advanced topics such as martingale theory, stochastic processes and stochastic integration. Features examples throughout to illustrate applications in mathematical and statistical finance. Is supported by an accompanying website featuring R code and data sets. Financial Statistics and Mathematical Finance introduces the financial methodology and the relevant mathematical tools in a style that is both mathematically rigorous and yet accessible to advanced level practitioners and mathematicians alike, both graduate students and researchers in statistics, finance, econometrics and business administration will benefit from this book.
Ionut Florescu Handbook of High-Frequency Trading and Modeling in Finance Ionut Florescu Handbook of High-Frequency Trading and Modeling in Finance Новинка

Ionut Florescu Handbook of High-Frequency Trading and Modeling in Finance

11421.78 руб. или Купить в рассрочку!
Reflecting the fast pace and ever-evolving nature of the financial industry, the Handbook of High-Frequency Trading and Modeling in Finance details how high-frequency analysis presents new systematic approaches to implementing quantitative activities with high-frequency financial data. Introducing new and established mathematical foundations necessary to analyze realistic market models and scenarios, the handbook begins with a presentation of the dynamics and complexity of futures and derivatives markets as well as a portfolio optimization problem using quantum computers. Subsequently, the handbook addresses estimating complex model parameters using high-frequency data. Finally, the handbook focuses on the links between models used in financial markets and models used in other research areas such as geophysics, fossil records, and earthquake studies. The Handbook of High-Frequency Trading and Modeling in Finance also features: • Contributions by well-known experts within the academic, industrial, and regulatory fields • A well-structured outline on the various data analysis methodologies used to identify new trading opportunities • Newly emerging quantitative tools that address growing concerns relating to high-frequency data such as stochastic volatility and volatility tracking; stochastic jump processes for limit-order books and broader market indicators; and options markets • Practical applications using real-world data to help readers better understand the presented material The Handbook of High-Frequency Trading and Modeling in Finance is an excellent reference for professionals in the fields of business, applied statistics, econometrics, and financial engineering. The handbook is also a good supplement for graduate and MBA-level courses on quantitative finance, volatility, and financial econometrics. Ionut Florescu, PhD, is Research Associate Professor in Financial Engineering and Director of the Hanlon Financial Systems Laboratory at Stevens Institute of Technology. His research interests include stochastic volatility, stochastic partial differential equations, Monte Carlo Methods, and numerical methods for stochastic processes. Dr. Florescu is the author of Probability and Stochastic Processes, the coauthor of Handbook of Probability, and the coeditor of Handbook of Modeling High-Frequency Data in Finance, all published by Wiley. Maria C. Mariani, PhD, is Shigeko K. Chan Distinguished Professor in Mathematical Sciences and Chair of the Department of Mathematical Sciences at The University of Texas at El Paso. Her research interests include mathematical finance, applied mathematics, geophysics, nonlinear and stochastic partial differential equations and numerical methods. Dr. Mariani is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley. H. Eugene Stanley, PhD, is William Fairfield Warren Distinguished Professor at Boston University. Stanley is one of the key founders of the new interdisciplinary field of econophysics, and has an ISI Hirsch index H=128 based on more than 1200 papers. In 2004 he was elected to the National Academy of Sciences. Frederi G. Viens, PhD, is Professor of Statistics and Mathematics and Director of the Computational Finance Program at Purdue University. He holds more than two dozen local, regional, and national awards and he travels extensively on a world-wide basis to deliver lectures on his research interests, which range from quantitative finance to climate science and agricultural economics. A Fellow of the Institute of Mathematics Statistics, Dr. Viens is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley.
Simon Archer Islamic Finance. The New Regulatory Challenge Simon Archer Islamic Finance. The New Regulatory Challenge Новинка

Simon Archer Islamic Finance. The New Regulatory Challenge

9674.39 руб. или Купить в рассрочку!
From the world's foremost authorities on the subject, the number-one guide to Islamic finance revised and updated for a post-crisis world Because it is entirely equity-based, rather than credit-based, Islamic finance is immune to the speculative bubbles and runaway volatility typical of Western finance. Especially now, in the wake of the global financial crisis, this has made them increasingly attractive to institutional investors, asset managers and hedge funds in search of more stable alternatives to conventional financial products. With interest in Islamic finance swiftly spreading beyond the Muslim world, the need among finance and investment professionals has never been greater for timely and authoritative information about the rules governing Islamic finance. This thoroughly updated and revised second edition of the premier guide to regulatory issues in Islamic finance satisfies that need. Addresses the need for banks to develop common Islamic-based international accounting and auditing standards Clearly explains the key differences between Shari'ah rulings, standardization of acceptable banking practices, and the development of standardized financial products Explores the role of the Shari'ah Boards in establishing common rules regarding the permissibility of financial instruments and markets Offers guidance for regulators seeking to adapt their regulatory frameworks to the needs of the fast-growing Islamic finance sector
Fletcher Shayne Financial Modelling in Python Fletcher Shayne Financial Modelling in Python Новинка

Fletcher Shayne Financial Modelling in Python

11147.97 руб. или Купить в рассрочку!
Fletcher and Gardner have created a comprehensive resource that will be of interest not only to those working in the field of finance, but also to those using numerical methods in other fields such as engineering, physics, and actuarial mathematics. By showing how to combine the high-level elegance, accessibility, and flexibility of Python, with the low-level computational efficiency of C++, in the context of interesting financial modeling problems, they have provided an implementation template which will be useful to others seeking to jointly optimize the use of computational and human resources. They document all the necessary technical details required in order to make external numerical libraries available from within Python, and they contribute a useful library of their own, which will significantly reduce the start-up costs involved in building financial models. This book is a must read for all those with a need to apply numerical methods in the valuation of financial claims. –David Louton, Professor of Finance, Bryant University This book is directed at both industry practitioners and students interested in designing a pricing and risk management framework for financial derivatives using the Python programming language. It is a practical book complete with working, tested code that guides the reader through the process of building a flexible, extensible pricing framework in Python. The pricing frameworks' loosely coupled fundamental components have been designed to facilitate the quick development of new models. Concrete applications to real-world pricing problems are also provided. Topics are introduced gradually, each building on the last. They include basic mathematical algorithms, common algorithms from numerical analysis, trade, market and event data model representations, lattice and simulation based pricing, and model development. The mathematics presented is kept simple and to the point. The book also provides a host of information on practical technical topics such as C++/Python hybrid development (embedding and extending) and techniques for integrating Python based programs with Microsoft Excel.
Ayse Evrensel International Finance For Dummies Ayse Evrensel International Finance For Dummies Новинка

Ayse Evrensel International Finance For Dummies

1729.22 руб. или Купить в рассрочку!
Want to get the most out of your International Finance course? Nowadays the value of daily foreign exchange trading is more than one hundred times the value of annual international trade in goods and services. As result of the great importance of international financial transactions, the subject of international finance continues to develop as fast as—or faster than—any other field in economics and finance. International Finance For Dummies sheds light on this increasingly important subject for the growing number of students required to take this course. If you're an undergraduate or MBA student enrolled in an international finance course, this hands-on, friendly guide gives you everything you need to succeed. Plus, it includes up-to-date information on the latest changes to International Finance Reporting Standards, its impact on a company's overall finances, and the various currencies and institutions available worldwide. Serves as an excellent supplement to your international finance texts Provides easy-to-understand explanations of complex material Brings you up-to-speed on the concepts and subject matter you need to know International Finance For Dummies is your ticket to scoring your highest in your international finance course.
Antoine Savine Modern Computational Finance. AAD and Parallel Simulations Antoine Savine Modern Computational Finance. AAD and Parallel Simulations Новинка

Antoine Savine Modern Computational Finance. AAD and Parallel Simulations

8764.61 руб. или Купить в рассрочку!
Arguably the strongest addition to numerical finance of the past decade, Algorithmic Adjoint Differentiation (AAD) is the technology implemented in modern financial software to produce thousands of accurate risk sensitivities, within seconds, on light hardware. AAD recently became a centerpiece of modern financial systems and a key skill for all quantitative analysts, developers, risk professionals or anyone involved with derivatives. It is increasingly taught in Masters and PhD programs in finance. Danske Bank's wide scale implementation of AAD in its production and regulatory systems won the In-House System of the Year 2015 Risk award. The Modern Computational Finance books, written by three of the very people who designed Danske Bank's systems, offer a unique insight into the modern implementation of financial models. The volumes combine financial modelling, mathematics and programming to resolve real life financial problems and produce effective derivatives software. This volume is a complete, self-contained learning reference for AAD, and its application in finance. AAD is explained in deep detail throughout chapters that gently lead readers from the theoretical foundations to the most delicate areas of an efficient implementation, such as memory management, parallel implementation and acceleration with expression templates. The book comes with professional source code in C++, including an efficient, up to date implementation of AAD and a generic parallel simulation library. Modern C++, high performance parallel programming and interfacing C++ with Excel are also covered. The book builds the code step-by-step, while the code illustrates the concepts and notions developed in the book.
Pere Colet Stochastic Numerical Methods. An Introduction for Students and Scientists Pere Colet Stochastic Numerical Methods. An Introduction for Students and Scientists Новинка

Pere Colet Stochastic Numerical Methods. An Introduction for Students and Scientists

8680.84 руб. или Купить в рассрочку!
Stochastic Numerical Methods introduces at Master level the numerical methods that use probability or stochastic concepts to analyze random processes. The book aims at being rather general and is addressed at students of natural sciences (Physics, Chemistry, Mathematics, Biology, etc.) and Engineering, but also social sciences (Economy, Sociology, etc.) where some of the techniques have been used recently to numerically simulate different agent-based models. Examples included in the book range from phase-transitions and critical phenomena, including details of data analysis (extraction of critical exponents, finite-size effects, etc.), to population dynamics, interfacial growth, chemical reactions, etc. Program listings are integrated in the discussion of numerical algorithms to facilitate their understanding. From the contents: Review of Probability Concepts Monte Carlo Integration Generation of Uniform and Non-uniform Random Numbers: Non-correlated Values Dynamical Methods Applications to Statistical Mechanics Introduction to Stochastic Processes Numerical Simulation of Ordinary and Partial Stochastic Differential Equations Introduction to Master Equations Numerical Simulations of Master Equations Hybrid Monte Carlo Generation of n-Dimensional Correlated Gaussian Variables Collective Algorithms for Spin Systems Histogram Extrapolation Multicanonical Simulations
Vinko Jovic Analysis and Modelling of Non-Steady Flow in Pipe and Channel Networks Vinko Jovic Analysis and Modelling of Non-Steady Flow in Pipe and Channel Networks Новинка

Vinko Jovic Analysis and Modelling of Non-Steady Flow in Pipe and Channel Networks

13401.98 руб. или Купить в рассрочку!
Analysis and Modelling of Non-Steady Flow in Pipe and Channel Networks deals with flows in pipes and channel networks from the standpoints of hydraulics and modelling techniques and methods. These engineering problems occur in the course of the design and construction of hydroenergy plants, water-supply and other systems. In this book, the author presents his experience in solving these problems from the early 1970s to the present day. During this period new methods of solving hydraulic problems have evolved, due to the development of computers and numerical methods. This book is accompanied by a website which hosts the author's software package, Simpip (an abbreviation of simulation of pipe flow) for solving non-steady pipe flow using the finite element method. The program also covers flows in channels. The book presents the numerical core of the SimpipCore program (written in Fortran). Key features: Presents the theory and practice of modelling different flows in hydraulic networks Takes a systematic approach and addresses the topic from the fundamentals Presents numerical solutions based on finite element analysis Accompanied by a website hosting supporting material including the SimpipCore project as a standalone program Analysis and Modelling of Non-Steady Flow in Pipe and Channel Networks is an ideal reference book for engineers, practitioners and graduate students across engineering disciplines.
Jean-Michel Tanguy Environmental Hydraulics. Numerical Methods Jean-Michel Tanguy Environmental Hydraulics. Numerical Methods Новинка

Jean-Michel Tanguy Environmental Hydraulics. Numerical Methods

18144.28 руб. или Купить в рассрочку!
This series of five volumes proposes an integrated description of physical processes modeling used by scientific disciplines from meteorology to coastal morphodynamics. Volume 1 describes the physical processes and identifies the main measurement devices used to measure the main parameters that are indispensable to implement all these simulation tools. Volume 2 presents the different theories in an integrated approach: mathematical models as well as conceptual models, used by all disciplines to represent these processes. Volume 3 identifies the main numerical methods used in all these scientific fields to translate mathematical models into numerical tools. Volume 4 is composed of a series of case studies, dedicated to practical applications of these tools in engineering problems. To complete this presentation, volume 5 identifies and describes the modeling software in each discipline.
Jean-Michel Tanguy Environmental Hydraulics. Numerical Methods Jean-Michel Tanguy Environmental Hydraulics. Numerical Methods Новинка

Jean-Michel Tanguy Environmental Hydraulics. Numerical Methods

17970.7 руб. или Купить в рассрочку!
This series of five volumes proposes an integrated description of physical processes modeling used by scientific disciplines from meteorology to coastal morphodynamics. Volume 1 describes the physical processes and identifies the main measurement devices used to measure the main parameters that are indispensable to implement all these simulation tools. Volume 2 presents the different theories in an integrated approach: mathematical models as well as conceptual models, used by all disciplines to represent these processes. Volume 3 identifies the main numerical methods used in all these scientific fields to translate mathematical models into numerical tools. Volume 4 is composed of a series of case studies, dedicated to practical applications of these tools in engineering problems. To complete this presentation, volume 5 identifies and describes the modeling software in each discipline.

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Reflecting the fast pace and ever-evolving nature of the financial industry, the Handbook of High-Frequency Trading and Modeling in Finance details how high-frequency analysis presents new systematic approaches to implementing quantitative activities with high-frequency financial data. Introducing new and established mathematical foundations necessary to analyze realistic market models and scenarios, the handbook begins with a presentation of the dynamics and complexity of futures and derivatives markets as well as a portfolio optimization problem using quantum computers. Subsequently, the handbook addresses estimating complex model parameters using high-frequency data. Finally, the handbook focuses on the links between models used in financial markets and models used in other research areas such as geophysics, fossil records, and earthquake studies. The Handbook of High-Frequency Trading and Modeling in Finance also features: • Contributions by well-known experts within the academic, industrial, and regulatory fields • A well-structured outline on the various data analysis methodologies used to identify new trading opportunities • Newly emerging quantitative tools that address growing concerns relating to high-frequency data such as stochastic volatility and volatility tracking; stochastic jump processes for limit-order books and broader market indicators; and options markets • Practical applications using real-world data to help readers better understand the presented material The Handbook of High-Frequency Trading and Modeling in Finance is an excellent reference for professionals in the fields of business, applied statistics, econometrics, and financial engineering. The handbook is also a good supplement for graduate and MBA-level courses on quantitative finance, volatility, and financial econometrics. Ionut Florescu, PhD, is Research Associate Professor in Financial Engineering and Director of the Hanlon Financial Systems Laboratory at Stevens Institute of Technology. His research interests include stochastic volatility, stochastic partial differential equations, Monte Carlo Methods, and numerical methods for stochastic processes. Dr. Florescu is the author of Probability and Stochastic Processes, the coauthor of Handbook of Probability, and the coeditor of Handbook of Modeling High-Frequency Data in Finance, all published by Wiley. Maria C. Mariani, PhD, is Shigeko K. Chan Distinguished Professor in Mathematical Sciences and Chair of the Department of Mathematical Sciences at The University of Texas at El Paso. Her research interests include mathematical finance, applied mathematics, geophysics, nonlinear and stochastic partial differential equations and numerical methods. Dr. Mariani is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley. H. Eugene Stanley, PhD, is William Fairfield Warren Distinguished Professor at Boston University. Stanley is one of the key founders of the new interdisciplinary field of econophysics, and has an ISI Hirsch index H=128 based on more than 1200 papers. In 2004 he was elected to the National Academy of Sciences. Frederi G. Viens, PhD, is Professor of Statistics and Mathematics and Director of the Computational Finance Program at Purdue University. He holds more than two dozen local, regional, and national awards and he travels extensively on a world-wide basis to deliver lectures on his research interests, which range from quantitative finance to climate science and agricultural economics. A Fellow of the Institute of Mathematics Statistics, Dr. Viens is the coeditor of Handbook of Modeling High-Frequency Data in Finance, also published by Wiley.
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