• DocumentCode
    770919
  • Title

    Computational methods in finance: option pricing

  • Author

    Barucci, Emilio ; Landi, Leonardo ; Cherubini, Umberto

  • Author_Institution
    Dept. of Math., Firenze Univ., Italy
  • Volume
    3
  • Issue
    1
  • fYear
    1996
  • Firstpage
    66
  • Lastpage
    80
  • 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;
  • fLanguage
    English
  • Journal_Title
    Computational Science & Engineering, IEEE
  • Publisher
    ieee
  • ISSN
    1070-9924
  • Type

    jour

  • DOI
    10.1109/99.486762
  • Filename
    486762