Ronald W. Shonkwiler

Students will learn by doing| implementing concepts of each chapter into code and experimenting with the outcome Exploits the greatest virtue of the Monte Carlo method – providing results for exotic probability models Students will learn a lot about options in addition to usage of mathematical models Focus on Monte Carlo methods allows for students to travel a short road from theory to practical applications Presents "standard" models involving Random Walks with GBM but includes other distributions as well Includes supplementary material: sn.pub/extras