02667nam 2200661 a 450 991081842760332120230725053421.01-283-28313-197866132831390-470-97774-41-118-46731-01-119-96085-1(CKB)2550000000053047(EBL)693564(OCoLC)758387064(SSID)ssj0000542201(PQKBManifestationID)11336184(PQKBTitleCode)TC0000542201(PQKBWorkID)10509626(PQKB)10264192(MiAaPQ)EBC693564(MiAaPQ)EBC4029197(Au-PeEL)EBL693564(CaPaEBR)ebr10500923(CaONFJC)MIL328313(EXLCZ)99255000000005304720110803d2011 uy 0engur|n|---|||||txtccrUnderstanding and managing model risk a practical guide for quants, traders and validators /Massimo Morini1st ed.Hoboken Wiley20111 online resource (450 p.)Wiley finance seriesDescription based upon print version of record.0-470-97761-2 Includes bibliographical references and index.pt. 1. Theory and practice of model risk management -- pt. 2. Snakes in the grass : where model risk hides."A guide to the validation and risk management of quantitative models used for pricing and hedging. Whereas the majority of quantitative finance books focus on mathematics and risk management books focus on regulatory aspects, this book addresses the elements missed by this literature--the risks of the models themselves. This book starts from regulatory issues, but translates them into practical suggestions to reduce the likelihood of model losses, basing model risk and validation on market experience and on a wide range of real-world examples, with a high level of detail and precise operative indications"--Provided by publisher.Wiley finance series.Risk managementRisk managementMathematical modelsRisk management.Risk managementMathematical models.332.64/5BUS027000bisacshMorini Massimo930112Morini Massimo930112MiAaPQMiAaPQMiAaPQBOOK9910818427603321Understanding and managing model risk4071052UNINA