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Crank-Nicolson 가격 결정×국소 변동성 (듀피어)×
분야금융공학금융공학
계열Machine learningRegression model
기원 연도19471994
창시자John Crank and Phyllis NicolsonBruno Dupire
유형PDE SolverEquity/FX Model
원전Crank, J., & Nicolson, P. (1947). A practical method for numerical evaluation of solutions of partial differential equations of the heat-conduction type. Mathematical Proceedings of the Cambridge Philosophical Society, 43(1), 50-67. DOI ↗Dupire, B. (1994). Pricing with a smile. Risk Magazine, 7(1), 18-20. link ↗
별칭CN Method, Implicit Finite DifferenceDeterministic Volatility Function, DVF
관련34
요약The Crank-Nicolson method is a widely-used implicit finite difference scheme for solving PDEs in option pricing. It provides second-order accuracy in both space and time, unconditional stability, and can efficiently price derivatives with early exercise features (American options) or complex boundary conditions.Dupire's local volatility model (1994) is a deterministic framework that extracts a term and strike-dependent volatility function from market option prices. Unlike constant volatility, local volatility perfectly fits the observed implied volatility smile and is implemented via finite difference methods for European and American option pricing.
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ScholarGate방법 비교: Crank-Nicolson Pricing · Local Volatility (Dupire). 2026-06-18에 다음에서 검색함: https://scholargate.app/ko/compare