Abstract: In this introductory tutorial we discuss the problem of pricing financial derivatives, the key application of Monte Carlo in finance. We review the mathematics that uses no-arbitrage ...

Here you will find the guidelines used by Methods Hub for tutorials. If you are preparing a method, check the guidelines used by Methods Hub for methods. A tutorial is an instructional resource that ...

This widely used method of calculating returns considers a portfolio's cash flows Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles ...

Abstract: You have built a simulation model, but now must choose runs to i) validate it, and ii) to gain insight about the associated real system and to make managerial recommendations. Do you need ...