Upcoming Book on PDE Methods in Finance (planned date December 2021)

Upcoming Book on PDE Methods in Finance (planned date December 2021)

NUMERICAL METHODS IN COMPUTATIONAL FINANCE

A Partial Differential Equation (PDE/FDM) Approach


Daniel J. Duffy


Part A Mathematical Foundation for One-Factor Problems

1.???????????Real Analysis Foundations for this Book

2.???????????Topics in Ordinary Differential Equations and their Applications

3.???????????An Introduction to Two-Point Boundary Value Problems

4.???????????An Introduction to Finite Dimensional?Vector Spaces and Matrix Theory

5.???????????Guide to Numerical Linear Algebra

6.???????????Numerical Solutions of Two-Point Boundary Value Problems

7.???????????Black Scholes Finite Differences for the Impatient


Part B Mathematical Foundation for Two-Factor Problems

8.???????????Classifying and Transforming Partial Differential Equations

9.???????????An Introduction to Elliptic Partial Differential Equations

10.?????????Boundary Value Problems for Elliptic Partial Differential Equations

11.?????????Elliptic Equations?and the Fichera Theory

12.?????????An Introduction to Time-dependent Convection-Diffusion-Reaction Equations

13.?????????Stochastics Representations of PDEs and Applications


Part C The Foundations of the Finite Difference Method (FDM)

14.?????????Mathematical and Numerical Foundations of the Finite Difference Method, Part I

15.????????? Mathematical and Numerical Foundations of the Finite Difference Method Part II

16.?????????Sensitivity Analysis, Option Greeks and Parameter Optimisation

17. ????????Advanced Topics in Sensitivity Analysis


Part D Advanced Finite Difference Schemes for Two-Factor Problems

18.?????????Splitting Up Methods, Part I

19.?????????The Alternating Direction Explicit (ADE) Method in Detail

20.?????????The Method of Lines (MOL)

21.?????????Free and Moving Boundary Value Problems

22.?????????Splitting Up Methods, Part II


Part E Test Cases in Computational Finance

23.?????????Multi-Asset Options

24.???????Asian-Style Options

25.?????????Interest Rate Models

26.?????????Epilogue: Follow-up to Chapters 1 to 25

27. ????????New Project Areas

Anna Vitiuk

CEO & Co-Founder at Reactive Capital

3 年

Wow. This book is my next must read??????

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Daniel J. Duffy, PhD

Author/trainer/mentor in computational finance: maths (pure, applied, numerical), ODE/PDE/FDM, C++11/C++20, Python, C#, modern software design

3 年
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Daniel J. Duffy, PhD

Author/trainer/mentor in computational finance: maths (pure, applied, numerical), ODE/PDE/FDM, C++11/C++20, Python, C#, modern software design

3 年

For those interested I have the honour of giving a tall for the Thalesians August 25 2021.

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Daniel J. Duffy, PhD

Author/trainer/mentor in computational finance: maths (pure, applied, numerical), ODE/PDE/FDM, C++11/C++20, Python, C#, modern software design

3 年

This book is aimed at a wide audience, but it should be of particular interest to MSc and MFE students as well as quants in computational finance. In particular, there are opportunities for new research projects and applications to production systems. We give guidelines on which scheme is optimal (in terms of accuracy, applicability, robustness and maintainability) for a given problem in computational finance.

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