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Theory of Financial Risk and Derivative Pricing - From Statistical Physics to Risk Management (Hardcover, 2nd Revised edition) Loot Price: R3,073
Discovery Miles 30 730
Theory of Financial Risk and Derivative Pricing - From Statistical Physics to Risk Management (Hardcover, 2nd Revised edition):...

Theory of Financial Risk and Derivative Pricing - From Statistical Physics to Risk Management (Hardcover, 2nd Revised edition)

Jean-Philippe Bouchaud, Marc Potters

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Loot Price R3,073 Discovery Miles 30 730 | Repayment Terms: R288 pm x 12*

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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. First edition Hb (2000): 0-521-78232-5

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Release date: December 2003
First published: 2003
Authors: Jean-Philippe Bouchaud • Marc Potters
Dimensions: 254 x 178 x 22mm (L x W x T)
Format: Hardcover
Pages: 400
Edition: 2nd Revised edition
ISBN-13: 978-0-521-81916-9
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Business & Economics > Finance & accounting > Finance > General
Books > Science & Mathematics > Physics > Thermodynamics & statistical physics > Statistical physics
Books > Business & Economics > Business & management > Management & management techniques > Management decision making > General
Books > Money & Finance > General
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LSN: 0-521-81916-4
Barcode: 9780521819169

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