Theory of Financial Risks: From Statistical Physics to Risk Management - Hardcover
Synopsis
This book summarizes recent theoretical developments inspired by statistical physics in the description of the potential moves in financial markets, and its application to derivative pricing and risk control. The possibility of accessing and processing huge quantities of data on financial markets opens the path to new methodologies where systematic comparison between theories and real data not only becomes possible, but mandatory. This book takes a physicist's point of view to financial risk by comparing theory with experiment. Starting with important results in probability theory, the authors discuss the statistical analysis of real data, the empirical determination of statistical laws, the definition of risk, the theory of optimal portfolio, and the problem of derivatives (forward contracts, options). This book will be of interest to physicists interested in finance, quantitative analysts in financial institutions, risk managers and graduate students in mathematical finance.
"synopsis" may belong to another edition of this title.
Book Description
Summarizes recent theoretical developments inspired by statistical physics in the description of the potential moves in financial markets, and its application to derivative pricing and risk control. Of interest to physicists, quantitative analysts in financial institutions, risk managers and graduate students in mathematical finance.
About the Author
Jean-Philippe Bouchaud co-founded the company Science & Finance, which merged with Capital Fund Management (CFM) in 2000, where he now supervises the research team with Marc Potters. He teaches statistical mechanics and finance in various Grandes Écoles, and has worked at CRNS and CEA-Saclay. He was awarded the CRNS Silver Medal in 1996.
"About this title" may belong to another edition of this title.
Search results for Theory of Financial Risks: From Statistical Physics...
Stock Image
Theory of Financial Risks: From Statistical Physics to Risk Management
Published by
Cambridge University Press, 2000
ISBN 10: 0521782325
ISBN 13: 9780521782326
Used
Hardcover
Seller: HPB-Red, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority! Seller Inventory # S_384629987
Quantity: 1 available
Stock Image
Theory of Financial Risks: From Statistical Physics to Risk Management
Published by
Cambridge University Press, 2000
ISBN 10: 0521782325
ISBN 13: 9780521782326
Used
Hardcover
Seller: ThriftBooks-Atlanta, AUSTELL, GA, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Very Good. No Jacket. May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less 1.4. Seller Inventory # G0521782325I4N00
Quantity: 1 available
Seller Image
Theory of Financial Risks: From Statistical Physics to Risk Management
Published by
Cambridge University Press, 2000
ISBN 10: 0521782325
ISBN 13: 9780521782326
Used
Hardcover
Seller: Solr Books, Lincolnwood, IL, U.S.A.
Seller rating 5 out of 5 stars
Condition: very_good. This books is in Very good condition. There may be a few flaws like shelf wear and some light wear. Seller Inventory # BCV.0521782325.VG
Quantity: 1 available
Stock Image
Theory of Financial Risks: From Statistical Physics to Risk Management
Published by
Cambridge University Press, 2000
ISBN 10: 0521782325
ISBN 13: 9780521782326
Used
Hardcover
Seller: dsmbooks, Liverpool, United Kingdom
Seller rating 4 out of 5 stars
hardcover. Condition: Very Good. Very Good. book. Seller Inventory # D8S0-3-M-0521782325-6
Quantity: 1 available