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Extreme Financial Risks - From Dependence To Risk Management

Regular price $39.90 $15.90 60% off
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Extreme Financial Risks - From Dependence To Risk Management

Regular price $39.90 $15.90 60% off
Unit price
per
ISBN: 9783540272649
Publisher: Springer
Date of Publication: 2005-11-02
Format: Paperback
Related Collections: Business, Economics, Science
Goodreads rating: 4.5
(rated by 2 readers)

Description

"Clearly elucidates extreme financial risks associated with rare events such as financial crashes. The highlight of the book is the delineation of various copulas in conjunction with financial dependences among different assets of a portfolio. In particular, the insightful discussion on quadrant and orthant dependences casts new light on the connection between marginal models and financial dependence...brings a vivid portrayal of the subject." -- MATHEMATICAL REVIEWS
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