Further Details

Title: The Econometrics of Individual Risk
Condition: New
EAN: 9780691168210
ISBN: 9780691168210
Publisher: Princeton University Press
Format: Paperback
Type: Paperback
Release Date: 28/07/2015
Item Height: 235mm
Item Length: 152mm
Item Weight: 369g
Author: Christian Gourieroux, Joann Jasiak
Language: English
Subtitle: Credit, Insurance, and Marketing
ISBN-10: 0691168210
Description: The individual risks faced by banks, insurers, and marketers are less well understood than aggregate risks such as market-price changes. But the risks incurred or carried by individual people, companies, insurance policies, or credit agreements can be just as devastating as macroevents such as share-price fluctuations. A comprehensive introduction, The Econometrics of Individual Risk is the first book to provide a complete econometric methodology for quantifying and managing this underappreciated but important variety of risk. The book presents a course in the econometric theory of individual risk illustrated by empirical examples. And, unlike other texts, it is focused entirely on solving the actual individual risk problems businesses confront today. Christian Gourieroux and Joann Jasiak emphasize the microeconometric aspect of risk analysis by extensively discussing practical problems such as retail credit scoring, credit card transaction dynamics, and profit maximization in promotional mailing. They address regulatory issues in sections on computing the minimum capital reserve for coverage of potential losses, and on the credit-risk measure CreditVar.The book will interest graduate students in economics, business, finance, and actuarial studies, as well as actuaries and financial analysts.
Country/Region of Manufacture: US
Genre: Business & Finance
Release Year: 2015

Missing Information?

Please contact us if any details are missing and where possible we will add the information to our listing.