Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78337
Authors: 
Topper, Jürgen
Year of Publication: 
1998
Series/Report no.: 
Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät, Universität Hannover 216
Abstract: 
The Finite Element Method is a well-studied and well-understood method of solving partial differential equations. It's applicability to financial models formulated as PDEs is demonstrated. It's advantage concerning the computation of accurate `Greeks' is delineated. This is demonstrated with various exotic options.
JEL: 
C63
G13
Document Type: 
Working Paper

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