@ARTICLE{26543120_26549446_2002, 
	author = {Alexey Shvedov}, 
	keywords = {, the theory of options, financial instrument, bond marketderivative financial instrument},
	title = {<p class="text">Finite Differences Approach to Option Pricing</p>},
	journal = {HSE Economic Journal },
	year = {2002},
	volume = {6},
	number = {2},
	pages = {193-216},
	url = {https://ej.hse.ru/en/2002-6-2/26549446.html},
	publisher = {},
	abstract = {The paper shows how partial differential equations for the prices of financial instruments are derived.&nbsp;By the example of convertible bonds and European stock options, it is demonstrated how the initial and boundary conditions leading to completely different solutions for the same equation are set.&nbsp; The results of calculations, including the use of a new difference scheme for this area, are presented.},
	annote = {The paper shows how partial differential equations for the prices of financial instruments are derived.&nbsp;By the example of convertible bonds and European stock options, it is demonstrated how the initial and boundary conditions leading to completely different solutions for the same equation are set.&nbsp; The results of calculations, including the use of a new difference scheme for this area, are presented.}
}