Journal of Computational Finance

Welcome to Volume 8, Issue 1 of The Journal of Computational Finance. This issue is made up of 4 technical papers: ‘Analysis of the stability of the linear boundary condition for the Black-Scholes equation' by Heath Windcliff from Morgan Stanley, Peter A. Forsyth and Ken R.Vetzal from the University of Waterloo; ‘Risk-sensitive portfolio optimization with transaction costs' by Tomasz R. Bielecki from the Illinois Institute of Technology, Jean-Philippe from CERMICS/ENPC, Stanley R. Pliska from the University of Illinois and Agnès Sulem from INRIA Domaine de Voluceau; ‘Fast drift-approximated pricing in the BGM model' by Raoul Pietersz and Antoon Pelsser from Erasmus University and Marcel van Regenmortel from the Product Development Group; and ‘Numerical pricing of discrete barrier and lookback options via Laplace tansforms' by Giovanni Petrella and Steven Kou from Columbia University.