It takes the average reader 5 hours to read Understanding Numerical Analysis for Option Pricing by B. J. Lapeyre
Assuming a reading speed of 250 words per minute. Learn more
This book provides the mathematical concepts needed to understand the most important algorithms currently used in finance, especially Monte Carlo, finite-difference, and parameter estimation. The authors assume a basic understanding of probability theory and stochastic processes, and option pricing, otherwise the presentation is reasonably self-contained with mathematical concepts introduced in the context of financial topics, and illustrated by examples drawn from finance. The book should be suitable either for graduate courses in mathematical and computational finance, or for self-study. Examples are provided throughout, and algorithms are also provided for some of the numerical schemes.
Understanding Numerical Analysis for Option Pricing by B. J. Lapeyre is 300 pages long, and a total of 75,000 words.
This makes it 101% the length of the average book. It also has 92% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 6 hours and 49 minutes to read Understanding Numerical Analysis for Option Pricing aloud.
Understanding Numerical Analysis for Option Pricing is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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