Title :
Computational methods in finance: option pricing
Author :
Barucci, Emilio ; Landi, Leonardo ; Cherubini, Umberto
Author_Institution :
Dept. of Math., Firenze Univ., Italy
Abstract :
Many computational methods familiar to scientists and engineers are now heavily used in today´s financial markets. This survey looks at the history and the state of the art for one branch of computational finance, and explains why neural networks show special promise in setting correct prices for options
Keywords :
commodity trading; financial data processing; history; neural nets; reviews; computational finance; computational methods; correct price setting; financial markets; history; neural networks; option pricing; state of the art; Buildings; Closed-form solution; Design engineering; Diffusion processes; Finance; Gold; Partial differential equations; Pricing; Stochastic processes; Terminology;
Journal_Title :
Computational Science & Engineering, IEEE
