Dieser Buchtitel ist Teil des Digitalisierungsprojekts Springer Book Archives mit Publikationen, die seit den Anfängen des Verlags von 1842 erschienen sind.
This volume is the final result of the research project 'Micro growth model"e;, that was sponsored by the Central Research Pool of Tilburg University, the Netherlands.
Objectives and Audience In the past three decades, we have witnessed the phenomenal growth in the trading of financial derivatives and structured products in the financial markets around the globe and the surge in research on derivative pricing theory.
This book takes a detailed look at four major financial crises—the twin crises of the South Sea Bubble in Britain and the Mississippi Bubble in France in 1720; the Great Crash of 1929 and the subsequent Great Depression; and the Global Financial Crisis of 2007-9.
This book presents a rigorous mathematical treatment of the theory of pricing and hedging of derivative securities by the principle of "e;no arbitrage"e;.
From the reviews: "e;The huge literature in risk theory has been carefully selected and supplemented by personal contributions of the author, many of which appear here for the first time.
The modern field of asset pricing asks for sound pricing models grounded on the theory of financial economies a la Ingersoll (1987) as weIl as for accu- rate estimation techniques a la Hamilton (1994b) when it comes to empirical inferences of the specified model.
Dieser Buchtitel ist Teil des Digitalisierungsprojekts Springer Book Archives mit Publikationen, die seit den Anfängen des Verlags von 1842 erschienen sind.
Die Komplexität, Undurchschaubarkeit und Lebendigkeit der wirt schaftlichen Erscheinungen lassen jeden Versuch, sie zu beschreiben und zu anaysieren,zu einer Suche nach den "wesentlichen" Zusam menhängen werden.
This book presents a high-quality contribution to the applications of modern financial algorithms for liquidity risk management and its practical uses and applications to investable portfolios and mutual funds.
