Saddlepoint Approximation Methods in Financial Engineering - Yue Kuen Kwok,Wendong Zheng
-25% koodilla BOOKS
Toimitus 10-16 arkipäivässä
30 päivän palautusoikeus
This book summarizes recent advances in applying saddlepoint approximation methods to financial engineering. It addresses pricing exotic financial derivatives and calculating risk contributions to Value-at-Risk and Expected Shortfall in credit portfolios under various default correlation models. These standard problems involve the computation of tail probabilities and tail expectations of the corresponding ... Täydellinen kuvaus
Saatat myös pitää
TOP
Determined: The Science of Life Without Free Will
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
The Rise and Fall of the Dinosaurs: A New History of a Lost World
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Factfulness: Ten Reasons We're Wrong About the World--and Why Things Are Better Than You Think
Ola Rosling, Anna Rosling Rönnlund, Hans Rosling
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Biology: A Global Approach, Global Edition
Neil Campbell, Rebecca Orr, Lisa Urry, Peter Minorsky, Michael Cain, Jane Reece, Steven Wasserman
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Six Not-so-easy Pieces: Einstein's Relativity, Symmetry, and Space-Time
Richard P. Feynman, Robert B. Leighton, Matthew Sands
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
The Light Eaters: How the Unseen World of Plant Intelligence Offers a New Understanding of Life on Earth
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
The Age of Alchemy: How Early Innovators Shaped Modern Chemistry
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
The Secrets of our DNA: How Genetics has Changed the World
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Janeway's Immunobiology
Leslie J. Berg, Kenneth Murphy, Casey Weaver
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
How to Solve it: A New Aspect of Mathematical Method
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Behave: The Biology of Humans at Our Best and Worst
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Why We Sleep: Unlocking the Power of Sleep and Dreams
-25% koodilla BOOKS
Varastossa
TOP
Why Machines Learn: The Elegant Maths Behind Modern AI
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Six Easy Pieces: Essentials of Physics Explained by Its Most Brilliant Teacher
Richard P. Feynman, Robert B. Leighton, Matthew Sands
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
The Rise and Reign of the Mammals: A New History, from the Shadow of the Dinosaurs to Us
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Learn Faster, Perform Better: A Musician's Guide to the Neuroscience of Practicing
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
The Brain That Changes Itself: Stories of Personal Triumph from the Frontiers of Brain Science
-25% koodilla BOOKS
Toimittajalla varastossa
TOP
Thing Explainer: Complicated Stuff in Simple Words
-25% koodilla BOOKS
Toimittajalla varastossa
Kuvaus
The text offers in a single source most of the saddlepoint approximation results in financial engineering, with different sets of ready-to-use approximation formulas. Much of this material may otherwise only be found in original research publications. The exposition and style are made rigorous by providing formal proofs of most of the results.
Starting with a presentation of the derivation of a variety of saddlepoint approximation formulas in different contexts, this book will help new researchers to learn the fine technicalities ofthe topic. It will also be valuable to quantitative analysts in financial institutions who strive for effective valuation of prices of exotic financial derivatives and risk positions of portfolios of risky instruments.
Lisätietoja
| Kirjoittaja | Yue Kuen Kwok, Wendong Zheng |
|---|---|
| Julkaisija | Springer International Publishing |
| Julkaisuvuosi | 2018 |
| Kannen tyyppi | Pehmeäkantinen |
| EAN | 9783319741000 |