Handbook of Computational Finance | Buch

Um unseren Shop nutzen zu können, müssen Sie Javascript in Ihrem Browser aktivieren.

Cover: 9783642172533 | Handbook of Computational Finance | Jin-Chuan Duan (u. a.) | Buch | xi

Dekorationsartikel gehören nicht zum Leistungsumfang.

Sprache: Englisch

184,95 €*

inkl. MwSt.

Versandkostenfrei per Post / DHL

Lieferzeit 2-3 Wochen

Sie können kein Produkt in den Warenkorb legen, da Javascript und technisch notwendige Cookies aktiviert sein müssen.

Kategorien:

Der Artikel ist nicht in deutscher Sprache verfasst.
Die Sprache der Produktbeschreibung und Details kann in Englisch angegeben sein. Sollten Sie Verständnisprobleme haben, wenden Sie sich gerne an uns.

Beschreibung

Any financial asset that is openly traded has a market price. Except for extreme market conditions, market price may be more or less than a ¿fair¿ value. Fair value is likely to be some complicated function of the current intrinsic value of tangible or intangible assets underlying the claim and our assessment of the characteristics of the underlying assets with respect to the expected rate of growth, future dividends, volatility, and other relevant market factors. Some of these factors that affect the price can be measured at the time of a transaction with reasonably high accuracy. Most factors, however, relate to expectations about the future and to subjective issues, such as current management, corporate policies and market environment, that could affect the future financial performance of the underlying assets. Models are thus needed to describe the stochastic factors and environment, and their implementations inevitably require computational finance tools.

Über den Autor

Jin-Chuan Duan is the Director of Risk Management Institute at the National University of Singapore (NUS) and concurrently holds the Cycle & Carriage Professorship in Finance at the NUS Business School. Duan received his Ph.D. in Finance from the University of Wisconsin-Madison. He specializes in financial engineering and risk management, and is known for his work on the GARCH option pricing model. Duan is an Academician of Academia Sinica.

Wolfgang Karl Härdle is professor of statistics at the Humboldt-Universität zu Berlin and director of C.A.S.E. - the Centre for Applied Statistics and Economics. He teaches quantitative finance and semiparametric statistical methods. His research focuses on dynamic factor models, multivariate statistics in finance and computational statistics. He is an elected ISI member and advisor to the Guanghua School of Management, Peking University and to National Central University, Taiwan.

James E. Gentle is University Professor of Computational Statistics at George Mason University. His research interests include Monte Carlo methods and computational finance. He is an elected member of ISI and a Fellow of the American Statistical Association.

Zusammenfassung

Modern financial Tools

Computianal efficient algorithms

Pricing of complex products

Inhaltsverzeichnis

Introduction.- Pricing Models.- Statistical Inference in Financial Models.- Computational Methods.- Software Tools.- Possible further Topics: Realized Volatility/High Frequency Data.-Microstructure Empirical Analysis.- Option Pricing.- GARCH and Diffusion Jump Limits.- Interest Rate Derivatives.

Details

Erscheinungsjahr:	2011
Fachbereich:	Allgemeines
Genre:	Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Buch
Seiten:	816
Reihe:	Springer Handbooks of Computational Statistics
Inhalt:	xi 804 S.
ISBN-13:	9783642172533
ISBN-10:	3642172539
Sprache:	Englisch
Herstellernummer:	80026751
Ausstattung / Beilage:	HC runder Rücken kaschiert
Einband:	Gebunden
Redaktion:	Duan, Jin-Chuan Gentle, James E. Härdle, Wolfgang Karl
Herausgeber:	Jin-Chuan Duan/Wolfgang Karl Härdle/James E Gentle
Auflage:	2012
Hersteller:	Springer Berlin Springer Berlin Heidelberg Springer Handbooks of Computational Statistics
Maße:	241 x 160 x 49 mm
Von/Mit:	Jin-Chuan Duan (u. a.)
Erscheinungsdatum:	26.10.2011
Gewicht:	1,373 kg

preigu-id: 107169445