A road map for implementing quantitative financial models Financial Derivative and Energy Market Valuation brings the application of financial models to a higher level by helping readers capture the true behavior of energy markets and related financial derivatives. The book provides readers with...

… a nice book for researchers and practitioners. … this book can be regarded as a wonderful application of stochastic analysis, as it includes not only detailed theoretical proofs but also practical illustrative examples. With the systematic and feasible numeraire techniques, the book can...

Spread options are multi-asset options whose payoffs depend on the difference of two underlying financial variables. In most cases, analytically closed form solutions for pricing such payoffs are not available, and the application of numerical pricing methods turns out to be non-trivial. We...

Presents the developments arising from the combination of mathematics, numerical analysis, and finance. This book covers a wide range of topics, from portfolio management and asset pricing, to performance, risk, debt and real option evaluation. It also presents applications of a variety of...

Self-propelled jumping of two polymeric droplets on superhydrophobic surfaces is investigated by three-dimensional direct numerical simulations. Two identical droplets of a viscoelastic fluid slide, meet and coalesce on a surface with contact angle 180 degrees. The droplets are modelled by the...