Monte Carlo Methods and Models in Finance and Insurance

by Ralf Korn, Gerald Kroisandt, Elke Korn

Book Overview

Offering a unique balance between applications and calculations, Monte Carlo Methods and Models in Finance and Insurance incorporates the application background of finance and insurance with the theory and applications of Monte Carlo methods. It presents recent methods and algorithms, including the multilevel Monte Carlo method, the statistical Romberg method, and the Heath-Platen estimator, as well as recent financial and actuarial...

• Format: Hardcover
• Language: English
• ISBN: 1420076183
• ISBN13: 9781420076189
• Release Date: February 2010
• Publisher: CRC Press
• Length: 484 Pages
• Weight: 1.75 lbs.
• Dimensions: 1.2" x 6.3" x 9.3"