Bei dem Neun-Sternchen-Problem geht es darum, neun regelmäßig in einem Quadrat angeordnete Sternchen mit vier zusammenhängenden geraden Linien zu verbinden. Das ist natürlich rein mathematisch gesehen unmöglich, solange man sich nur innerhalb des Quadrates bewegt. Lösbar wird die Aufgabe...

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...

Contents: Preface -- Part I: Imperfect information, responses to shocks, and credibility issues -- 1. Introduction, Part 1 -- 2. A basic model and some early results -- 3. The strategy of monetary policy: Targets, instruments and information variables -- 4. A variable price level, supply shocks...