Simulation Techniques in Financial Risk Management by Ngai Hang Chan 9781118735817 (Hardback, 2015)
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Product details
Format:
Hardback
Isbn-13:
9781118735817, 978-1118735817
Author:
Ngai Hang Chan
Publisher:
John Wiley & Sons Inc
Edition:
2
Series:
Statistics in Practice
Imprint:
John Wiley & Sons Inc
Publication date:
2015-06-19
Pages:
232
Product dimensions:
161.29mm (w) x
241.3mm (h) x
20.32mm (d)
Overview
Praise for the First Edition
a nice, self-contained introduction to simulation and computational techniques in finance
Mathematical Reviews
Simulation Techniques in Financial Risk Management, Second Edition takes a unique approach to the field of simulations by focusing on techniques necessary in the fields of finance and risk management. Thoroughly updated, the new edition expands on several key topics in these areas and presents many of the recent innovations in simulations and risk management, such as advanced option pricing models beyond the Black Scholes paradigm, interest rate models, MCMC methods including stochastic volatility models simulations, model assets and model-free properties, jump diffusion, and state space modeling. The Second Edition also features:
Updates to primary software used throughout the book, Microsoft Office® Excel® VBA
New topical coverage on multiple assets, model-free properties, and related models
More than 300 exercises at the end of each chapter, with select answers in the appendix, to help readers apply new concepts and test their understanding
Extensive use of examples to illustrate how to use simulation techniques in risk management
Practical case studies, such as the pricing of exotic options; simulations of Greeks in hedging; and the use of Bayesian ideas to assess the impact of jumps, so readers can reproduce the results of the studies
A related website with additional solutions to problems within the book as well as Excel VBA and S-Plus computer code for many of the examples within the book
Simulation Techniques in Financial Risk Management, Second Edition is an invaluable resource for risk managers in the financial and actuarial industries as well as a useful reference for readers interested in learning how to better gauge risk and make more informed decisions. The book is also ideal for upper-undergraduate and graduate-level courses in simulation and risk management.
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Simulation Techniques in Financial Risk Management by Ngai Hang Chan 9781118735817 (Hardback, 2015)
Delivery UK delivery is within 3 to 5 working days. International delivery varies by country, please see the Wordery store help page for details.
Product details Format:Hardback Isbn-13:9781118735817, 978-1118735817 Author:Ngai Hang Chan Publisher:John Wiley & Sons Inc Edition:2 Series:Statistics in Practice Imprint:John Wiley & Sons Inc Publication date:2015-06-19 Pages:232 Product dimensions:161.29mm (w) x
241.3mm (h) x
20.32mm (d)
Overview Praise for the First Edition
a nice, self-contained introduction to simulation and computational techniques in finance
Mathematical Reviews
Simulation Techniques in Financial Risk Management, Second Edition takes a unique approach to the field of simulations by focusing on techniques necessary in the fields of finance and risk management. Thoroughly updated, the new edition expands on several key topics in these areas and presents many of the recent innovations in simulations and risk management, such as advanced option pricing models beyond the Black Scholes paradigm, interest rate models, MCMC methods including stochastic volatility models simulations, model assets and model-free properties, jump diffusion, and state space modeling. The Second Edition also features:
Updates to primary software used throughout the book, Microsoft Office® Excel® VBA
New topical coverage on multiple assets, model-free properties, and related models
More than 300 exercises at the end of each chapter, with select answers in the appendix, to help readers apply new concepts and test their understanding
Extensive use of examples to illustrate how to use simulation techniques in risk management
Practical case studies, such as the pricing of exotic options; simulations of Greeks in hedging; and the use of Bayesian ideas to assess the impact of jumps, so readers can reproduce the results of the studies
A related website with additional solutions to problems within the book as well as Excel VBA and S-Plus computer code for many of the examples within the book
Simulation Techniques in Financial Risk Management, Second Edition is an invaluable resource for risk managers in the financial and actuarial industries as well as a useful reference for readers interested in learning how to better gauge risk and make more informed decisions. The book is also ideal for upper-undergraduate and graduate-level courses in simulation and risk management.
About Wordery Wordery is one of the UK's largest online booksellers. With millions of satisfied customers who enjoy low prices on a huge range of books, we offer a reliable and trusted service and consistently receive excellent feedback.We offer a huge range of over 8 million books; bestsellers, children's books, cheap paperbacks, baby books, special edition hardbacks and textbooks. All our books are dispatched from the UK. Wordery offers Free Delivery on all UK orders, and competitively priced international delivery.#HappyReading