These applications have, in turn, stimulated research into new Monte Carlo methods and renewed interest in some older techniques.This book develops the use of Monte Carlo methods in finance and it also uses simulation as a vehicle for presenting models and ideas from financial engineering.
This book is devoted to the use of Monte Carlo methods in finance and
is the first of its kind in this area. It will serve as a reference
for practitioners and researchers and will also be suitable as a
graduate text for courses on computational finance.
202856557
