Meyer discusses some of the issues that arise when the partial differential equations modeling option and bond prices are to be solved numerically. There are many numerical methods for the
task, he says, but there are financial applications in which the equation methods have to cope with uncertainty of various types. He explains how to identify and understand these complications
in order to remove uncertainty, focusing on pricing models that have appeared in the literature and for which various numerical methods have obtained results. Annotation ©2015 Ringgold, Inc.,
Portland, OR (protoview.com)
