Téléchargez le livre : A Benchmark Approach to Quantitative Finance

A Benchmark Approach to Quantitative Finance

de

,

Éditeur :

Springer


Collection :

Springer Finance

Paru le : 2006-10-28

eBook Téléchargement , DRM LCP 🛈 DRM Adobe 🛈
Lecture en ligne (streaming)
64,71 €
Téléchargement immédiat
Dès validation de votre commande
Image Louise Reader présentation

Louise Reader

Lisez ce titre sur l'application Louise Reader.

badge apple Application Louise Reader
badge Android Application Louise Reader
Description
In recent years products based on ?nancial derivatives have become an ind- pensabletoolforriskmanagersandinvestors. Insuranceproductshavebecome part of almost every personal and business portfolio. The management of - tual and pension funds has gained in importance for most individuals. Banks, insurance companies and other corporations are increasingly using ?nancial and insurance instruments for the active management of risk. An increasing range of securities allows risks to be hedged in a way that can be closely t- lored to the speci?c needs of particular investors and companies. The ability to handle e?ciently and exploit successfully the opportunities arising from modern quantitative methods is now a key factor that di?erentiates market participants in both the ?nance and insurance ?elds. For these reasons it is important that ?nancial institutions, insurance companies and corporations develop expertise in the area of quantitative ?nance, where many of the as- ciated quantitative methods and technologies emerge. This book aims to provide an introduction to quantitative ?nance. More precisely, it presents an introduction to the mathematical framework typically usedin?nancialmodeling,derivativepricing,portfolioselectionandriskm- agement. It o?ers a uni?ed approach to risk and performance management by using the benchmark approach, which is di?erent to the prevailing paradigm and will be described in a systematic and rigorous manner. This approach uses the growth optimal portfolio as numeraire and the real world probability measure as pricing measure.
Pages
700 pages
Collection
Springer Finance
Parution
2006-10-28
Marque
Springer
EAN papier
9783540262121
EAN PDF
9783540478560
Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
0
Taille du fichier
11223 Ko
Prix
64,71 €

Suggestions personnalisées