Introducing the Binomial Simulation Method in the Undergraduate Algorithms Course
We introduce a new algorithm called binomial simulation method in undergraduate computer science program. The binomial simulation method is a simple and effective method to model real-world phenomena that involve up and down movements, and has been successfully used in many financial calculations. Unfortunately it has not been introduced in any algorithms textbook or course for undergraduate computer science students. In this paper, we demonstrate how the binomial simulation method can be used to determine the price of options, analyze the techniques used in this method, and discuss the general binomial simulations. Then we summarize the benefits of introducing this method the undergraduate algorithms course in terms of meeting the ACM/IEEE CS2008 Curriculum requirements.
binomial simulation method algorithms computer science curriculum
Jun Zhang Chunlei Liu
Dept.of Math & Computer Science Troy University Troy, AL 36082, USA Dept.of Math & Computer Science Valdosta State University Valdosta, GA 31698,USA
国际会议
第四届国际计算机新科技与教育学术会议(2009 4th International Conference on Computer Science & Education)
南京
英文
1609-1612
2009-07-25（万方平台首次上网日期，不代表论文的发表时间）