60354

A framework for financial market modeling, the benchmark approach extends beyond standard risk neutral pricing theory. It permits a unified treatment of portfolio optimization, derivative pricing, integrated risk management and insurance risk modeling. This book presents the necessary mathematical tools, followed by a thorough introduction to financial modeling under the benchmark approach, explaining various quantitative methods for the fair pricing and hedging of derivatives.

Concisely written, gentle introduction to graph theory suitable as a textbook or for self-study Graph-theoretic applications from diverse fields (computer science, engineering, chemistry, management science) 2nd ed. includes new chapters on labeling and communications networks and small worlds, as well as expanded beginner's material Many additional changes, improvements, and corrections resulting from classroom use

This lively and fascinating text traces the key developments in computation – from 3000 B.C. to the present day – in an easy-to-follow and concise manner. Topics and features: ideal for self-study, offering many pedagogical features such as chapter-opening key topics, chapter introductions and summaries, exercises, and a glossary; presents detailed information on major figures in computing, such as Boole, Babbage, Shannon, Turing, Zuse and Von Neumann; reviews the history of software engineering and of programming languages, including syntax and semantics; discusses the progress of artificial intelligence, with extension to such key disciplines as philosophy, psychology, linguistics, neural networks and cybernetics; examines the impact on society of the introduction of the personal computer, the World Wide Web, and the development of mobile phone technology; follows the evolution of a number of major technology companies, including IBM, Microsoft and Apple.

The process of breaking up a physical domain into smaller sub-domains, known as meshing, facilitates the numerical solution of partial differential equations used to simulate physical systems. In an updated and expanded Second Edition, this monograph gives a detailed treatment based on the numerical solution of inverted Beltramian and diffusion equations with respect to monitor metrics for generating both structured and unstructured grids in domains and on surfaces.