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VaR Methodology for Non-Gaussian Finance
Wiley 2013; US$ 80.00With the impact of the recent financial crises, more attention must be given to new models in finance rejecting “Black-Scholes-Samuelson” assumptions leading to what is called non-Gaussian finance. With the growing importance of Solvency II, Basel II and III regulatory rules for insurance companies and banks, value at risk (VaR) –... more...
Semi-Markov Risk Models for Finance, Insurance and Reliability
Springer-Verlag New York Inc 2007; US$ 79.99This book presents applications of semi-Markov processes in finance, insurance and reliability, using real-life problems as examples. After a presentation of the main probabilistic tools necessary for understanding of the book, the authors show how to apply semi-Markov processes in finance, starting from the axiomatic definition and continuing eventually... more...
Applied Semi-Markov Processes
Springer-Verlag New York Inc 2006; US$ 69.99Aims to give to the reader the tools necessary to apply semi-Markov processes in real-life problems. This book presents homogeneous and non-homogeneous semi-Markov processes, as well as Markov and semi-Markov rewards processes. It provides the reader knowledge of semi-Markov processes. more...
Applied Diffusion Processes from Engineering to Finance
Wiley 2013; US$ 175.00The aim of this book is to promote interaction between Engineering, Finance and Insurance, as there are many models and solution methods in common for solving real-life problems in these three topics. The authors point out the strict inter-relations that exist among the diffusion models used in Engineering, Finance and Insurance. In each of the three... more...
Mathematical Finance
Wiley 2010; US$ 270.00This book provides a detailed study of Financial Mathematics. In addition to the extraordinary depth the book provides, it offers a study of the axiomatic approach that is ideally suited for analyzing financial problems. This book is addressed to MBA's, Financial Engineers, Applied Mathematicians, Banks, Insurance Companies, and Students of Business... more...
Stochastic Methods for Pension Funds
Wiley 2013; US$ 175.00Quantitative finance has become these last years a extraordinary field of research and interest as well from an academic point of view as for practical applications. At the same time, pension issue is clearly a major economical and financial topic for the next decades in the context of the well-known longevity risk. Surprisingly few books are devoted... more...
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