The basis of natural sciences is the modelling of phenomena and solving the resulting models ... in Theoretical and Computational Methods will give you a strong basis in the theoretical methods, ...

From deadly floods in Europe to intensifying tropical cyclones around the world, the climate crisis has made timely and precise forecasting more essential than ever. Yet traditional forecasting ...

The financial industry increasingly relies on large volumes of numerical ... models, the binomial tree model, the theory of risk-neutral pricing, derivative pricing and the interpretation of random ...

In this paper we introduce two methods ... numerical solution of Black–Scholes models of American options: a penalty method and a front-fixing scheme. In the penalty approach the free and moving ...

This course can be taken without prior background in computational techniques ... numerical approach, widely used in industry and academia alike, is taught. An outline is given below: Introduction: ...

This paper is concerned with numerical solutions to a singular stochastic control problem arising from continuous-time portfolio selection ... are given to demonstrate the efficiency of the methods ...

Go beyond theoretical analysis and experimental measurements with the power of reliable computational ... finite-volume methods used in solving fluid dynamics and heat transfer problems. Covers ...