{"product_id":"new-directions-in-mathematical-finance-isbn-9780471498179","title":"New Directions in Mathematical Finance","description":"A compilation of the most respected authorities in financial engineering\u003cbr\u003e Based around a conference on financial modeling held in Milan in December 1999, New Directions in Mathematical Finance brings together the leading names in quantitative finance to discuss the most current modeling techniques in a variety of areas of financial engineering. The contributions featured in this volume are all new items, based on each speaker's topic of presentation at the convention. Editors Paul Wilmott and Henrik Rasmussen include an introduction which pulls together the themes of the book.\"New Directions in Mathematical Finance\" ist eine Sammlung von Beiträgen der im Dezember 1999 in Mailand abgehaltenen Konferenz zum Thema Finanzmodelle. An der Konferenz nahmen führende Vertreter des Bereichs 'Quantitative Finance' teil, um aktuelle Techniken zur Modellbildung in verschiedenen Bereichen der Finanztechnik zu diskutieren. Mit Beiträgen von renommierten Experten, wie z.B. David Bakstein, Isabelle Bajeux, Christer Borell, David Epstein, Aldo Nassigh und Henriette Prast. Herausgeber dieses Bandes sind Paul Wilmott und Henrik Rasmussen; sie sind für das einführende Kapitel und die Themenübersicht verantwortlich. Eine interessante und hochaktuelle Lektüre zu ausgewählten Themen der Finanztechnik.  Preface\u003cbr\u003e \u003cbr\u003e The Quantitative Finance Timeline (Paul Wilmott)\u003cbr\u003e \u003cbr\u003e Part I. New Directions in Equity Modelling\u003cbr\u003e \u003cbr\u003e Introduction\u003cbr\u003e \u003cbr\u003e Asymptotic analysis of stochastic volatility models (Henrik Rasmussen and Paul Wilmott)\u003cbr\u003e \u003cbr\u003e Passport options, a review (Antony Penaud)\u003cbr\u003e \u003cbr\u003e Equity Dividend Models (David Bakstein and Paul Wilmott)\u003cbr\u003e \u003cbr\u003e Isoperimetry, log-concavity and elasticity of option prices (Christer Borell)\u003cbr\u003e \u003cbr\u003e Part II. New Directions in Interest Rate Modelling\u003cbr\u003e \u003cbr\u003e Introduction\u003cbr\u003e \u003cbr\u003e Dynamic, deterministic and static optimal portfolio strategies in a mean-variance framework under stochastic interest rates (Isabelle Bajeux-Besnainou and Roland Portrait)\u003cbr\u003e \u003cbr\u003e Pricing bond options in a worst-case scenario (David Epstein and Paul Wilmott)\u003cbr\u003e \u003cbr\u003e Part III. New Directions in Risk Management\u003cbr\u003e \u003cbr\u003e Introduction\u003cbr\u003e \u003cbr\u003e Implementing VaR by Historical Simulation (Aldo Nassigh, Andrea Piazzetta and Ferdinando Samaria)\u003cbr\u003e \u003cbr\u003e CrashMetrics (Philip Hua and Paul Wilmott)\u003cbr\u003e \u003cbr\u003e Herding in financial markets: a role for psychology in explaining investor behaviour? (Henriëtte Prast)\u003cbr\u003e \u003cbr\u003e Further Reading\u003cbr\u003e \u003cbr\u003e Author Biographies\u003cbr\u003e \u003cbr\u003e Index  PAUL WILMOTT is a leading protagonist in quantitative finance. He has published many landmark books including Paul Wilmott on Quantitative Finance and Paul Wilmott Introduces Quantitative Finance (both published by John Wiley \u0026amp; Sons Ltd). If you want to learn more about him, try his quantitative finace e-zine.\u003cbr\u003e \u003cbr\u003e HENRIK RASMUSSEN is a quantitative analyst at Schroder Salomon Smith Barney (Citigroup) in London, developing models and pricing tools for traders of exotic fixed-income and hybrid derivatives. He holds a Ph.D from the University of Cambridge and has held post-doctorate positions at universities in Britain, France and Italy. Currently, he is a visiting research fellow at the Oxford Centre for Industrial and Applied Mathematics (OCIAM), Mathematical Institute, University of Oxford.  This book consists of many new and stimulating ideas on the subject of quantitative finance, often challenging conventionally held views. Many interesting models are discussed on a wide variety of subjects. These include mean-variance strategies, passport options and Value at Risk (VaR).\u003cbr\u003e \u003cbr\u003e Many experts in quantitative finance have contributed to this book including:\u003cbr\u003e * Isabelle Bajeux-Besnainou\u003cbr\u003e \u003cbr\u003e * David Bakstein\u003cbr\u003e \u003cbr\u003e * Christer Borell\u003cbr\u003e \u003cbr\u003e * David Epstein\u003cbr\u003e \u003cbr\u003e * Philip Hua\u003cbr\u003e \u003cbr\u003e * Aldo Nassigh\u003cbr\u003e \u003cbr\u003e * Antony Penaud\u003cbr\u003e \u003cbr\u003e * Andrea Piazzetta\u003cbr\u003e \u003cbr\u003e * Roland Portrait\u003cbr\u003e \u003cbr\u003e * Henriette Prast\u003cbr\u003e \u003cbr\u003e * Ferdinando Samaria  New ideas in quantitative finance are always welcome, especially so in recent years as new techniques have steadily gained in popularity and old techniques have become more sophisticated.\u003cbr\u003e \u003cbr\u003e This book features new contributions from many highly regarded individuals, collected together by Paul Wilmott and Henrik Rasmussen. Subjects featured include new techniques for:\u003cbr\u003e * Risk Management\u003cbr\u003e * Equity Modelling\u003cbr\u003e * Interest Rate Modelling\u003cbr\u003e This book is a worthy addition to the canon of literature on quantitative finance.","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989686370533,"sku":"NP9780471498179","price":155.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471498179.jpg?v=1761785102","url":"https:\/\/k12savings.com\/products\/new-directions-in-mathematical-finance-isbn-9780471498179","provider":"K12savings","version":"1.0","type":"link"}