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Rethinking Valuation and Pricing Models: Lessons Learned from the Crisis and Future Challenges

Rethinking Valuation and Pricing Models: Lessons Learned from the Crisis and Future Challenges

Hardcover

AccountingInvesting & Finance

ISBN10: 0124158757
ISBN13: 9780124158757
Publisher: Academic Pr Inc
Published: Nov 8 2012
Pages: 652
Weight: 3.20
Height: 1.70 Width: 7.70 Depth: 9.30
Language: English
It is widely acknowledged that many financial modelling techniques failed during the financial crisis, and in our post-crisis environment many techniques are being reconsidered. This single volume provides a guide to lessons learned for practitioners and a reference for academics. Including reviews of traditional approaches, real examples, and case studies, contributors consider portfolio theory; methods for valuing equities and equity derivatives, interest rate derivatives, and hybrid products; and techniques for calculating risks and implementing investment strategies. Describing new approaches without losing sight of their classical antecedents, this collection of original articles presents a timely perspective on our post-crisis paradigm.

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