Evaluation of Various Numerical Methods of Option Pricing

Peihan Xiong

ISBN 10: 3659512443 / ISBN 13: 9783659512445

Edité par LAP LAMBERT Academic Publishing Jan 2014, 2014

A propos de cet article

This item is printed on demand - it takes 3-4 days longer - Neuware -Derivatives in financial market play an important and useful role in hedging and managing risk. Derivative securities, when used correctly, can help investors increase their expected returns and minimize their exposure to risk. Options offer leverage and insurance for risk-averse investors. For the risk-alike investors, they can be ways of speculation. However, the values of option depend on a number of different variables in addition to the underlying asset, which makes them hard to value. This book explored some commonly used pricing models and compared their accuracy for the valuation. In the last section, it introduced a new numerical scheme --- the Radial Basis Function Method (RBF), particularly Hardy s multiquadric (MQ) as a spatial approximation for the numerical solution of the option value and its derivatives. 68 pp. Englisch.

N° de réf. du vendeur 9783659512445

Détails bibliographiques

• Titre: Evaluation of Various Numerical Methods of Option Pricing
• Éditeur: LAP LAMBERT Academic Publishing Jan 2014
• Date de parution: 2014
• Langue: anglais
• ISBN à 10 chiffres: 3659512443
• ISBN à 13 chiffres: 9783659512445
• Reliure: Taschenbuch
• État de l'article: Neu
• Dimensions: 220 L x 150 H x 5 P (en millimètres) 220 millimètres de largeur par 150 millimètres de hauteur par 5 millimètres de profondeur
• Poids: 119 grammes

A propos de ce titre

Synopsis

Derivatives in financial market play an important and useful role in hedging and managing risk. Derivative securities, when used correctly, can help investors increase their expected returns and minimize their exposure to risk. Options offer leverage and insurance for risk-averse investors. For the risk-alike investors, they can be ways of speculation. However, the values of option depend on a number of different variables in addition to the underlying asset, which makes them hard to value. This book explored some commonly used pricing models and compared their accuracy for the valuation. In the last section, it introduced a new numerical scheme --- the Radial Basis Function Method (RBF), particularly Hardy’s multiquadric (MQ) as a spatial approximation for the numerical solution of the option value and its derivatives.