Theory of Financial Risk and Derivative Pricing: From

Theory of Financial Risk and Derivative Pricing: From Statistical Physics to Risk Management
- Used Book in Good Condition
Summarizing market data developments, some inspired by statistical physics, this book explains how to better predict the actual behavior of financial markets with respect to asset allocation, derivative pricing and hedging, and risk control. Risk control and derivative pricing are major concerns to financial institutions. The need for adequate statistical tools to measure and anticipate amplitude of potential moves of financial markets is clearly expressed, in particular for derivative markets. Classical theories, however, are based on assumptions leading to systematic (sometimes dramatic) underestimation of risks.
Country USA
Brand Cambridge University Press
Manufacturer Cambridge University Press
Binding Paperback
ItemPartNumber 20 Tables, unspecified
ReleaseDate 2009-01-22
UnitCount 1
EANs 9780521741866

Theory of Financial Risk and Derivative Pricing: From Statistical Physics to Risk Management