Often the differentiation does not cover the full pricing process when a model calibration is performed. Thanks to the implicit function theorem, the differentiation of the solver embedded in the ...

CLICK HERE TO DOWNLOAD THE PDF. Dmitri Goloubentsev, Evgeny Lakshtanov and Vladimir Piterbarg explain in mathematical terms, and demonstrate using a simple example, how the automatic implicit function ...

Focus on fundamentals, customer experience key to Lava's growth amid competition from foreign players "We have been focussing on fundamentals of the mobile phone business since beginning with our ...