Essays about: "Kristofer Cronvald"
Found 1 essay containing the words Kristofer Cronvald.
University essay from Umeå universitet/Institutionen för matematik och matematisk statistik
Abstract : A standard problem in mathematical ﬁnance is the calculation of the price of some ﬁnancial derivative such as various types of options. Since there exists analytical solutions in only a few cases it will often boil down to estimating the price with Monte Carlo simulation in conjunction with some numerical discretization scheme. READ MORE