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Books > Science & Mathematics > Mathematics > Applied mathematics > Mathematical modelling

Flight Mechanics Modeling and Analysis (Hardcover, 2nd edition): Jitendra R. Raol, Jatinder Singh Flight Mechanics Modeling and Analysis (Hardcover, 2nd edition)
Jitendra R. Raol, Jatinder Singh
R3,296 Discovery Miles 32 960 Ships in 12 - 17 working days

Covers flight mechanics, flight simulation, flight testing, flight control, and aeroservoelasticity. Features artificial neural network and fuzzy logic-based aspects in modeling and analysis of flight mechanics systems: aircraft parameter estimation, and reconfiguration of control. Focuses on a systems-based approach. Includes two new chapters, numerical simulation examples with a MATLAB® based approach, and end-of-chapter exercises. Includes a Solutions Manual and Figure Slides for adopting instructors.

Fluid Mechanics and Turbomachinery - Problems and Solutions (Paperback): Bijay K Sultanian Fluid Mechanics and Turbomachinery - Problems and Solutions (Paperback)
Bijay K Sultanian
R2,146 Discovery Miles 21 460 Ships in 9 - 15 working days

Includes over 250 solved problems to supplement graduate-level courses in fluid mechanics and turbomachinery. Enables students to practice applying key concepts of fluid mechanics and the governing conservation laws to solve real-world problems. Uses the physics-first approach, allowing for a good understanding of the problem physics and the results obtained. Covers problems on flowpath aerodynamics design. Covers problems on secondary air systems modeling of gas turbines.

False Feedback in Economics - The Case for Replication (Hardcover): Andrin Spescha False Feedback in Economics - The Case for Replication (Hardcover)
Andrin Spescha
R4,055 Discovery Miles 40 550 Ships in 9 - 15 working days

This book investigates why economics makes less visible progress over time than scientific fields with a strong practical component, where interactions with physical technologies play a key role. The thesis of the book is that the main impediment to progress in economics is "false feedback", which it defines as the false result of an empirical study, such as empirical evidence produced by a statistical model that violates some of its assumptions. In contrast to scientific fields that work with physical technologies, false feedback is hard to recognize in economics. Economists thus have difficulties knowing where they stand in their inquiries, and false feedback will regularly lead them in the wrong directions. The book searches for the reasons behind the emergence of false feedback. It thereby contributes to a wider discussion in the field of metascience about the practices of researchers when pursuing their daily business. The book thus offers a case study of metascience for the field of empirical economics. The main strength of the book are the numerous smaller insights it provides throughout. The book delves into deep discussions of various theoretical issues, which it illustrates by many applied examples and a wide array of references, especially to philosophy of science. The book puts flesh on complicated and often abstract subjects, particularly when it comes to controversial topics such as p-hacking. The reader gains an understanding of the main challenges present in empirical economic research and also the possible solutions. The main audience of the book are all applied researchers working with data and, in particular, those who have found certain aspects of their research practice problematic.

Advances in Mathematical and Computational Modeling of Engineering Systems (Hardcover): Mukesh Kumar Awasthi, Maitri Verma,... Advances in Mathematical and Computational Modeling of Engineering Systems (Hardcover)
Mukesh Kumar Awasthi, Maitri Verma, Mangey Ram
R4,439 Discovery Miles 44 390 Ships in 12 - 17 working days

The text covers a wide range of topics such as mathematical modeling of crop pest control management, water resources management, impact of anthropogenic activities on atmospheric carbon dioxide concentrations, impact of climate changes on melting of glaciers and polar bear populations, dynamics of slow-fast predator-prey system and spread and control of HIV epidemic. It emphasizes the use of mathematical modeling to investigate the fluid flow problems including the breaking of viscoelastic jet, instability arising in nanofiber, flow in an annulus channel, and thermal instability in nano-fluids in a comprehensive manner. This book will be a readily accessible source of information for the students, researchers and policymakers interested in the application of mathematical and computational modeling techniques to investigate various biological and engineering phenomena. Features Focuses on the current modeling and computational trends to investigate various ecological, epidemiological, and engineering systems. Presents the mathematical modeling of a wide range of ecological and environmental issues including crop pest control management, water resources management, the effect of anthropogenic activities on atmospheric carbon dioxide concentrations, and impact of climate changes on melting of glaciers and polar bear population. Covers a wide range of topics including the breaking of viscoelastic jet, instability arising in nanofiber, flow in an annulus channel, and thermal instability in nano-fluids. Examines evolutionary models i.e., models of time-varying processes. Highlights the recent developments in the analytical methods to investigate the nonlinear dynamical systems. Showcases diversified applications of computational techniques to solve practical biological and engineering problems. The book focuses on the recent research developments in the mathematical modeling and scientific computing of biological and engineering systems. It will serve as an ideal reference text for senior undergraduate, graduate students, and researchers in diverse fields including ecological engineering, environmental engineering, computer engineering, mechanical engineering, mathematics, and fluid dynamics.

Conceptual Data Modeling and Database Design: A Fully Algorithmic Approach, Volume 1 - The Shortest Advisable Path (Paperback):... Conceptual Data Modeling and Database Design: A Fully Algorithmic Approach, Volume 1 - The Shortest Advisable Path (Paperback)
Christian Mancas
R2,596 Discovery Miles 25 960 Ships in 9 - 15 working days

This new book aims to provide to both beginners and experts with a completely algorithmic approach to data analysis and conceptual modeling, database design, implementation, and tuning, starting from vague and incomplete customer requests and ending with IBM DB/2, Oracle, MySQL, MS SQL Server, or Access based software applications. A rich panoply of solutions to actual useful data sub-universes (e.g. business, university, public and home library, geography, history, etc.) is provided, constituting a powerful library of examples. Four data models are presented and used: the graphical Entity-Relationship, the mathematical EMDM, the physical Relational, and the logical deterministic deductive Datalogones. For each one of them, best practice rules, algorithms, and the theory beneath are clearly separated. Four case studies, from a simple public library example, to a complex geographical study are fully presented, on all needed levels. Several dozens of real life exercises are proposed, out of which at least one per chapter is completely solved. Both major historical and up-to-date references are provided for each of the four data models considered. The book provides a library of useful solutions to real-life problems and provides valuable knowledge on data analysis and modeling, database design, implementation, and fine tuning.

Mathematical Modeling with Excel (Paperback, 2nd edition): Brian Albright, William P. Fox Mathematical Modeling with Excel (Paperback, 2nd edition)
Brian Albright, William P. Fox
R1,405 Discovery Miles 14 050 Ships in 9 - 15 working days

This text presents a wide variety of common types of models found in other mathematical modeling texts, as well as some new types. However, the models are presented in a very unique format. A typical section begins with a general description of the scenario being modeled. The model is then built using the appropriate mathematical tools. Then it is implemented and analyzed in Excel via step-by-step instructions. In the exercises, we ask students to modify or refine the existing model, analyze it further, or adapt it to similar scenarios.

Mathematical Modeling in Biology - A Research Methods Approach (Hardcover): Shandelle M. Henson, James L. Hayward Mathematical Modeling in Biology - A Research Methods Approach (Hardcover)
Shandelle M. Henson, James L. Hayward
R4,736 Discovery Miles 47 360 Ships in 12 - 17 working days

Features Minimal pre-requisites beyond a solid background in calculus, such as a calculus I course. Suitable for upper division mathematics and sciences students and graduate-level biology students. Provides sample MATLAB codes and instruction in Appendices.

Advanced Geodynamics - The Fourier Transform Method (Hardcover): David T. Sandwell Advanced Geodynamics - The Fourier Transform Method (Hardcover)
David T. Sandwell
R1,665 R1,548 Discovery Miles 15 480 Save R117 (7%) Ships in 12 - 17 working days

David Sandwell developed this advanced textbook over a period of nearly 30 years for his graduate course at Scripps Institution of Oceanography. The book augments the classic textbook Geodynamics by Don Turcotte and Jerry Schubert, presenting more complex and foundational mathematical methods and approaches to geodynamics. The main new tool developed in the book is the multi-dimensional Fourier transform for solving linear partial differential equations. The book comprises nineteen chapters, including: the latest global data sets; quantitative plate tectonics; plate driving forces associated with lithospheric heat transfer and subduction; the physics of the earthquake cycle; postglacial rebound; and six chapters on gravity field development and interpretation. Each chapter has a set of student exercises that make use of the higher-level mathematical and numerical methods developed in the book. Solutions to the exercises are available online for course instructors, on request.

Machine Learning - A First Course for Engineers and Scientists (Hardcover): Andreas Lindholm, Niklas Wahlstroem, Fredrik... Machine Learning - A First Course for Engineers and Scientists (Hardcover)
Andreas Lindholm, Niklas Wahlstroem, Fredrik Lindsten, Thomas B. Schoen
R1,820 R1,727 Discovery Miles 17 270 Save R93 (5%) Ships in 12 - 17 working days

This book introduces machine learning for readers with some background in basic linear algebra, statistics, probability, and programming. In a coherent statistical framework it covers a selection of supervised machine learning methods, from the most fundamental (k-NN, decision trees, linear and logistic regression) to more advanced methods (deep neural networks, support vector machines, Gaussian processes, random forests and boosting), plus commonly-used unsupervised methods (generative modeling, k-means, PCA, autoencoders and generative adversarial networks). Careful explanations and pseudo-code are presented for all methods. The authors maintain a focus on the fundamentals by drawing connections between methods and discussing general concepts such as loss functions, maximum likelihood, the bias-variance decomposition, ensemble averaging, kernels and the Bayesian approach along with generally useful tools such as regularization, cross validation, evaluation metrics and optimization methods. The final chapters offer practical advice for solving real-world supervised machine learning problems and on ethical aspects of modern machine learning.

False Feedback in Economics - The Case for Replication (Paperback): Andrin Spescha False Feedback in Economics - The Case for Replication (Paperback)
Andrin Spescha
R1,220 Discovery Miles 12 200 Ships in 12 - 17 working days

This book investigates why economics makes less visible progress over time than scientific fields with a strong practical component, where interactions with physical technologies play a key role. The thesis of the book is that the main impediment to progress in economics is "false feedback", which it defines as the false result of an empirical study, such as empirical evidence produced by a statistical model that violates some of its assumptions. In contrast to scientific fields that work with physical technologies, false feedback is hard to recognize in economics. Economists thus have difficulties knowing where they stand in their inquiries, and false feedback will regularly lead them in the wrong directions. The book searches for the reasons behind the emergence of false feedback. It thereby contributes to a wider discussion in the field of metascience about the practices of researchers when pursuing their daily business. The book thus offers a case study of metascience for the field of empirical economics. The main strength of the book are the numerous smaller insights it provides throughout. The book delves into deep discussions of various theoretical issues, which it illustrates by many applied examples and a wide array of references, especially to philosophy of science. The book puts flesh on complicated and often abstract subjects, particularly when it comes to controversial topics such as p-hacking. The reader gains an understanding of the main challenges present in empirical economic research and also the possible solutions. The main audience of the book are all applied researchers working with data and, in particular, those who have found certain aspects of their research practice problematic.

Quantitative Methods in Transportation (Paperback): Dusan Teodorovic, Milos Nikolic Quantitative Methods in Transportation (Paperback)
Dusan Teodorovic, Milos Nikolic
R1,578 Discovery Miles 15 780 Ships in 9 - 15 working days

Quantitative Methods in Transportation provides the most useful, simple, and advanced quantitative techniques for solving real-life transportation engineering problems. It aims to help transportation engineers and analysts to predict travel and freight demand, plan new transportation networks, and develop various traffic control strategies that are safer, more cost effective, and greener. Transportation networks can be exceptionally large, and this makes many transportation problems combinatorial, and the challenges are compounded by the stochastic and independent nature of trip-planners decision making. Methods outlined in this book range from linear programming, multi-attribute decision making, data envelopment analysis, probability theory, and simulation to computer techniques such as genetic algorithms, simulated annealing, tabu search, ant colony optimization, and bee colony optimization. The book is supported with problems and has a solutions manual to aid course instructors.

The Climate Demon - Past, Present, and Future of Climate Prediction (Paperback, New edition): R. Saravanan The Climate Demon - Past, Present, and Future of Climate Prediction (Paperback, New edition)
R. Saravanan
R976 R906 Discovery Miles 9 060 Save R70 (7%) Ships in 12 - 17 working days

Climate predictions - and the computer models behind them - play a key role in shaping public opinion and our response to the climate crisis. Some people interpret these predictions as 'prophecies of doom' and some others dismiss them as mere speculation, but the vast majority are only vaguely aware of the science behind them. This book gives a balanced view of the strengths and limitations of climate modeling. It covers historical developments, current challenges, and future trends in the field. The accessible discussion of climate modeling only requires a basic knowledge of science. Uncertainties in climate predictions and their implications for assessing climate risk are analyzed, as are the computational challenges faced by future models. The book concludes by highlighting the dangers of climate 'doomism', while also making clear the value of predictive models, and the severe and very real risks posed by anthropogenic climate change.

Military Applications of Modeling - Selected Case Studies (Paperback): Francis P Hoeber Military Applications of Modeling - Selected Case Studies (Paperback)
Francis P Hoeber
R933 Discovery Miles 9 330 Ships in 12 - 17 working days

This book, first published in 1981, offers a critical review of the techniques of mathematical modelling and their appropriate application to military operations research - the analysis of data (historical data, exercise and test results, and intelligence) in preparation for war. The virtues of sophistication via simplicity, and the beauty of the artful finesse, emerge as the signature of successful modelling.

Mathematical Modeling for Intelligent Systems - Theory, Methods, and Simulation (Hardcover): Mukesh Kumar Awasthi, Ravi Tomar,... Mathematical Modeling for Intelligent Systems - Theory, Methods, and Simulation (Hardcover)
Mukesh Kumar Awasthi, Ravi Tomar, Maanak Gupta
R3,102 Discovery Miles 31 020 Ships in 12 - 17 working days

* The book offers a well-balanced mathematical analysis of modelling physical systems. * Summarizes basic principles in differential geometry and convex analysis as needed. * The book covers a wide range of industrial and social applications, and bridges the gap between core theory and costly experiments through simulations and modelling. * The focus of the book is manifold ranging from stability of fluid flows, nano fluids, drug delivery, and security of image data to Pandemic modeling etc.

Nonlife Actuarial Models - Theory, Methods and Evaluation (Hardcover, 2nd Revised edition): Yiu-Kuen Tse Nonlife Actuarial Models - Theory, Methods and Evaluation (Hardcover, 2nd Revised edition)
Yiu-Kuen Tse
R2,170 Discovery Miles 21 700 Ships in 9 - 15 working days

Actuaries must pass exams, but more than that: they must put knowledge into practice. This coherent book supports the Society of Actuaries' short-term actuarial mathematics syllabus while emphasizing the concepts and practical application of nonlife actuarial models. A class-tested textbook for undergraduate courses in actuarial science, it is also ideal for those approaching their professional exams. Key topics covered include loss modelling, risk and ruin theory, credibility theory and applications, and empirical implementation of loss models. Revised and updated to reflect curriculum changes, this second edition includes two brand new chapters on loss reserving and ratemaking. R replaces Excel as the computation tool used throughout - the featured R code is available on the book's webpage, as are lecture slides. Numerous examples and exercises are provided, with many questions adapted from past Society of Actuaries exams.

Analysis of a Model for Epilepsy - Application of a Max-Type Difference Equation to Mesial Temporal Lobe Epilepsy (Hardcover):... Analysis of a Model for Epilepsy - Application of a Max-Type Difference Equation to Mesial Temporal Lobe Epilepsy (Hardcover)
Candace M Kent, David M. Chan
R4,584 Discovery Miles 45 840 Ships in 12 - 17 working days

* Suitable for researchers in mathematical neuroscience and potentially as supplementary reading for postgraduate students * Thoroughly researched and replete with references.

Self-Organized 3D Tissue Patterns - Fundamentals, Design, and Experiments (Hardcover): Xiaolu Zhu, Zheng Wang Self-Organized 3D Tissue Patterns - Fundamentals, Design, and Experiments (Hardcover)
Xiaolu Zhu, Zheng Wang
R3,079 Discovery Miles 30 790 Ships in 12 - 17 working days

This book involves the topics on the frontier of the tissue engineering and regenerative medicine. It transits new ideas, new scientific results, and discusses on the design of the self-organized tissues. This book will have a broader readership, because it provides scientific information for diverse disciplinary fields (biology, material science, engineering, medicine, and life science). More scientists, professors, graduates, undergraduates and researchers would be inspired.This book will provide some 3D structure images that would impress the readers with intuitional and abundant information which includes experimental and simulative results.

Modeling Change and Uncertainty - Machine Learning and Other Techniques (Hardcover): William P. Fox, Robert E. Burks Modeling Change and Uncertainty - Machine Learning and Other Techniques (Hardcover)
William P. Fox, Robert E. Burks
R2,667 Discovery Miles 26 670 Ships in 12 - 17 working days

Mathematical modeling is a powerful craft that requires practice. The more practice the better one will become in executing the art. The authors wrote this book to develop the craft of mathematical modeling and to foster a desire for lifelong learning, habits of mind and develop competent and confident problem solvers and decision makers for the 21st century. This book offers a problem-solving approach. The authors introduce a problem to help motivate the learning of a particular mathematical modeling topic. The problem provides the issue or what is needed to solve using an appropriate modeling technique. Then principles are applied to the problem and present the steps in obtaining an appropriate model to solve the problem. Modeling Change and Uncertainty: Covers both linear and nonlinear models of discrete dynamical systems. Introduces statistics and probability modeling. Introduces critical statistical concepts to handle univariate and multivariate data. Establishes a foundation in probability modeling. Uses ordinary differential equations (ODEs) to develop a more robust solution to problems. Uses linear programming and machine learning to support decision making. Introduces the reality of uncertainty and randomness that is all around us. Discusses the use of linear programing to solve common problems in modern industry. Discusses he power and limitations of simulations. Introduces the methods and formulas used in businesses and financial organizations. Introduces valuable techniques using Excel, MAPLE, and R. Mathematical modeling offers a framework for decision makers in all fields. This framework consists of four key components: the formulation process, the solution process, interpretation of the solution in the context of the actual problem, and sensitivity analysis. Modeling Change and Uncertainty will be of interest to mathematics departments offering advanced mathematical modeling courses focused on decision making or discrete mathematical modeling and by undergraduate, graduate students and practitioners looking for an opportunity to develop, practice, and apply the craft of mathematical modeling. Table of Contents 1. Perfect Partners: Combining Models of Change and Uncertainty with Technology 2. Modeling Change: Discrete Dynamical Systems (DDS) and Modeling Systems of DDS 3. Statistical and Probabilistic Models 4. Modeling with Probability 5. Differential Equations 6. Forecasting with Linear Programming and Machine Learning 7. Stochastic Models and Markov Chains 8. Linear Programming 9. Simulation of Queueing Models 10. Modeling of Financial Analysis 11. Reliability Models 12. Machine Learning and Unconstrained Optimal Process Dr. William P. Fox is currently a visiting professor of Computational Operations Research at the College of William and Mary. He is an emeritus professor in the Department of Defense Analysis at the Naval Postgraduate School and teaches a three-course sequence in mathematical modeling for decision making. He received his Ph.D. in Industrial Engineering from Clemson University. He has taught at the United States Military Academy for twelve years until retiring and at Francis Marion University where he was the chair of mathematics for eight years. He has many publications and scholarly activities including twenty plus books and one hundred and fifty journal articles. Colonel (R) Robert E. Burks, Jr., Ph.D. is an Associate Professor in the Defense Analysis Department of the Naval Postgraduate School (NPS) and the Director of the NPS' Wargaming Center. He holds a Ph.D. in Operations Research from the Air Force Institute of Technology. He is a retired logistics Army Colonel with more than thirty years of military experience in leadership, advanced analytics, decision modeling, and logistics operations who served as an Army Operations Research analyst at the Naval Postgraduate School, TRADOC Analysis Center, United States Military Academy, and the United States Army Recruiting Command. Other book by William P. Fox and Robert E. Burks: Advanced Mathematical Modeling with Technology, 2021, CRC Press. Other books by William P. Fox from CRC Press: Mathematical Modeling in the Age of the Pandemic, 2021, CRC Press. Advanced Problem Solving Using Maple: Applied Mathematics, Operations Research, Business Analytics, and Decision Analysis (w/William Bauldry), 2020, CRC Press. Mathematical Modeling with Excel (w/Brian Albright), 2020, CRC Press. Nonlinear Optimization: Models and Applications, 2020, CRC Press. Advanced Problem Solving with Maple: A First Course (w/William Bauldry), 2019. CRC Press. Mathematical Modeling for Business Analytics, 2018, CRC Press.

COVID Transmission Modeling - An Insight into Infectious Diseases Mechanism (Hardcover): B Narasimha Murthy, D. M. Basavarajaiah COVID Transmission Modeling - An Insight into Infectious Diseases Mechanism (Hardcover)
B Narasimha Murthy, D. M. Basavarajaiah
R4,764 Discovery Miles 47 640 Ships in 12 - 17 working days

COVID Transmission Modeling: An Insight into Infectious Diseases Mechanism provides an interdisciplinary overview of the COVID-19 pandemic crisis and covers various aspects of newer modeling techniques and practical solutions for health emergencies. This book aims to formulate various innovative and pragmatic mathematical, statistical, and epidemiological models using COVID-19 real data sets. It emphasizes interdisciplinary theoretical postulates derived from practical insights and knowledge of public health. Each of the book's 12 chapters provides invaluable and exploratory tools to enable explicit assumptions, highlights key health indicators, and determines the geometric progression and control measures of the disease. The present developed models will allow readers to extrapolate the exact reason for the outbreak and pave the way for scientific information on vaccine trials and socioeconomic, psychological, and disease burden worldwide. These advanced techniques of modeling and their applications are in greater need than ever for effective connection between mathematicians, statisticians, epidemiologists, researchers, clinicians, and policymakers for making appropriate decisions at the right time. With the advent of emerging health science, all models are demonstrated with real-life data sets and provided with illustrations and eye-catching graphs and diagrams so that the readers can easily understand the concept of COVID-19 pandemic interventions and their control measures, and their impact. Features Addresses all aspects of mitigation/control measures, estimation of transmission rate, economic impact assessment, genetic complexity of COVID-19, herd immunity, and various methods, including newer mathematical, statistical, and epidemiological models in the analysis of COVID-19 pandemic outbreak Covers the application of innovative, advanced statistical and epidemiological models and demonstrates possible solutions toward supportive treatment aspects of COVID-19 and its control measures Includes models that can easily be followed in formulating the mathematical derivations and key points Supplemented with ample illustrations, images, diagrams, and figures This book is aimed at postgraduate students studying medicine and healthcare, mathematics, and statistical information. Researchers will also find this book very helpful.

Financial Market Analysis and Behaviour - The Adaptive Preference Hypothesis (Hardcover): Emil Dinga, Camelia Oprean-Stan,... Financial Market Analysis and Behaviour - The Adaptive Preference Hypothesis (Hardcover)
Emil Dinga, Camelia Oprean-Stan, Cristina-Roxana Tanasescu, Vasile Bratian, Gabriela-Mariana Ionescu
R4,154 Discovery Miles 41 540 Ships in 12 - 17 working days

This book addresses the functioning of financial markets, in particular the financial market model, and modelling. More specifically, the book provides a model of adaptive preference in the financial market, rather than the model of the adaptive financial market, which is mostly based on Popper's objective propensity for the singular, i.e., unrepeatable, event. As a result, the concept of preference, following Simon's theory of satisficing, is developed in a logical way with the goal of supplying a foundation for a robust theory of adaptive preference in financial market behavior. The book offers new insights into financial market logic, and psychology: 1) advocating for the priority of behavior over information - in opposition to traditional financial market theories; 2) constructing the processes of (co)evolution adaptive preference-financial market using the concept of fetal reaction norms - between financial market and adaptive preference; 3) presenting a new typology of information in the financial market, aimed at proving point (1) above, as well as edifying an explicative mechanism of the evolutionary nature and behavior of the (real) financial market; 4) presenting sufficient, and necessary, principles or assumptions for developing a theory of adaptive preference in the financial market; and 5) proposing a new interpretation of the pair genotype-phenotype in the financial market model. The book's distinguishing feature is its research method, which is mainly logically rather than historically or empirically based. As a result, the book is targeted at generating debate about the best and most scientifically beneficial method of approaching, analyzing, and modelling financial markets.

Financial Modelling with Jump Processes (Hardcover, New): Peter Tankov Financial Modelling with Jump Processes (Hardcover, New)
Peter Tankov
R3,380 Discovery Miles 33 800 Ships in 9 - 15 working days

During the last decade, financial models based on jump processes have acquired increasing popularity in risk management and option pricing applications. Much has been published on the subject, but the technical nature of most papers makes them difficult for nonspecialists to understand, and the mathematical tools required for applications can be intimidating. Potential end users often get the impression that jump and Lévy processes are beyond their reach.

Financial Modelling with Jump Processes demonstrates that this is not so. It provides a self-contained overview of the theoretical, numerical, and empirical aspects of using jump processes in financial modeling, and does so in terms well within the grasp of nonspecialists. With clear-sighted explanations, the authors motivate the use of the various mathematical tools used in the modelling process, and while giving an intuitive understanding of proofs, provide precise mathematical statements of the results. They illustrate the mathematical concepts with many numerical and empirical examples and provide the details of numerical implementation of pricing and calibration algorithms.

This book clearly shows that the concepts and tools necessary for understanding and implementing these models can be much more accessible and intuitive that those involved in the Black Scholes and diffusion models. If you have even a basic familiarity with quantitative methods in finance, Financial Modelling with Jump Processes will give you a valuable new set of tools for modelling market fluctuations.

The Essentials of Financial Modeling in Excel: A C oncise Guide to Concepts and Methods (Paperback): M Rees The Essentials of Financial Modeling in Excel: A C oncise Guide to Concepts and Methods (Paperback)
M Rees
R1,162 Discovery Miles 11 620 Ships in 12 - 17 working days

A concise and practical guide to financial modeling in Excel In The Essentials of Financial Modeling in Excel: A Concise Guide to Concepts and Methods, veteran quantitative modeling and business analysis expert Dr. Michael Rees delivers a practical and hands-on introduction to financial modeling in Excel. The author offers readers a well-structured and strategic toolkit to learn modeling from scratch, focusing on the core economic concepts and the structures commonly required within Excel models. Divided into six parts, the book discusses the use of models and the factors to consider when designing and building models so that they can be as powerful as possible, yet simple. . Readers will also find: The foundational structures and calculations most frequently used in modeling, including growth- and ratio-based methods, corkscrews, and waterfall analysis Walkthroughs of economic modeling, measurement, and evaluation, and the linking of these to the decision criteria. These include breakeven and payback analysis, compounding, discounting, calculation of returns, loan calculations, and others Structured approaches for modeling in corporate finance, including financial statement modeling, cash flow valuation, cost of capital, and ratio analysis Techniques to implement sensitivity and scenario analysis Core aspects of statistical analysis, including data preparation, manipulation, and integration The use of approximately 100 Excel functions within example modeling contexts Further Topics Sections, which introduce advanced aspects of many areas, in order to provide further benefit to more advance readers, whilst presenting the truly essential topics separately. Examples of these include introductions to PowerQuery and PowerPivot, as well as advanced waterfall structures An invaluable, all-in-one blueprint for learning financial modeling in Excel, this book is ideal for beginning and intermediate financial professionals and students seeking to build and reinforce essential topics in financial modeling.

Modelling with Ordinary Differential Equations - A Comprehensive Approach (Paperback): Alfio Borzi Modelling with Ordinary Differential Equations - A Comprehensive Approach (Paperback)
Alfio Borzi
R1,479 Discovery Miles 14 790 Ships in 12 - 17 working days

Modelling with Ordinary Differential Equations: A Comprehensive Approach aims to provide a broad and self-contained introduction to the mathematical tools necessary to investigate and apply ODE models. The book starts by establishing the existence of solutions in various settings and analysing their stability properties. The next step is to illustrate modelling issues arising in the calculus of variation and optimal control theory that are of interest in many applications. This discussion is continued with an introduction to inverse problems governed by ODE models and to differential games. The book is completed with an illustration of stochastic differential equations and the development of neural networks to solve ODE systems. Many numerical methods are presented to solve the classes of problems discussed in this book. Features: Provides insight into rigorous mathematical issues concerning various topics, while discussing many different models of interest in different disciplines (biology, chemistry, economics, medicine, physics, social sciences, etc.) Suitable for undergraduate and graduate students and as an introduction for researchers in engineering and the sciences Accompanied by codes which allow the reader to apply the numerical methods discussed in this book in those cases where analytical solutions are not available

The Art and Science of Econometrics (Hardcover): Ping Zong The Art and Science of Econometrics (Hardcover)
Ping Zong
R4,159 Discovery Miles 41 590 Ships in 12 - 17 working days

Today econometrics has been widely applied in the empirical study of economics. As an empirical science, econometrics uses rigorous mathematical and statistical methods for economic problems. Understanding the methodologies of both econometrics and statistics is a crucial departure for econometrics. The primary focus of this book is to provide an understanding of statistical properties behind econometric methods. Following the introduction in Chapter 1, Chapter 2 provides the methodological review of both econometrics and statistics in different periods since the 1930s. Chapters 3 and 4 explain the underlying theoretical methodologies for estimated equations in the simple regression and multiple regression models and discuss the debates about p-values in particular. This part of the book offers the reader a richer understanding of the methods of statistics behind the methodology of econometrics. Chapters 5-9 of the book are focused on the discussion of regression models using time series data, traditional causal econometric models, and the latest statistical techniques. By concentrating on dynamic structural linear models like state-space models and the Bayesian approach, the book alludes to the fact that this methodological study is not only a science but also an art. This work serves as a handy reference book for anyone interested in econometrics, particularly in relevance to students and academic and business researchers in all quantitative analysis fields.

Architecture of Mathematics (Paperback): Simon Serovajsky Architecture of Mathematics (Paperback)
Simon Serovajsky
R1,494 Discovery Miles 14 940 Ships in 12 - 17 working days

Architecture of Mathematics describes the logical structure of Mathematics from its foundations to its real-world applications. It describes the many interweaving relationships between different areas of mathematics and its practical applications, and as such provides unique reading for professional mathematicians and nonmathematicians alike. This book can be a very important resource both for the teaching of mathematics and as a means to outline the research links between different subjects within and beyond the subject. Features All notions and properties are introduced logically and sequentially, to help the reader gradually build understanding. Focusses on illustrative examples that explain the meaning of mathematical objects and their properties. Suitable as a supplementary resource for teaching undergraduate mathematics, and as an aid to interdisciplinary research. Forming the reader's understanding of Mathematics as a unified science, the book helps to increase his general mathematical culture.

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