Share
Risk Management: Value at Risk and Beyond (in English)
Dempster (Author)
·
Cambridge University Press
· Hardcover
Risk Management: Value at Risk and Beyond (in English) - Dempster
$ 125.26
$ 140.00
You save: $ 14.74
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Friday, June 28 and
Monday, July 01.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "Risk Management: Value at Risk and Beyond (in English)"
The theory of Value at Risk (VaR), which quantifies the probability of large losses in financial transactions, won the Nobel Prize in economics for Robert Merton. As trading systems have become more complex, however, the dangers of very large losses have become more acute. The near collapse of the hedge fund Long-Term Capital Management, based on the VaR theory, is perhaps the most spectacular example: it was not stable against large and sudden fluctuations in the financial markets. This collection of papers by leading researchers addresses the weaknesses of VaR and how it might be possible to circumvent them. A crucial question is to establish what is a good measure of risk, and the further developments of VaR are considered in this light.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
✓ Producto agregado correctamente al carro, Ir a Pagar.