• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Theory of Financial Risk and Derivative Pricing

Theory of Financial Risk and Derivative Pricing

Paperback

Business General

ISBN10: 0521741866
ISBN13: 9780521741866
Publisher: Cambridge University Press
Published: Jan 22 2009
Pages: 400
Weight: 1.70
Height: 0.70 Width: 6.80 Depth: 9.60
Language: English
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.

Also in

Business General