Autore	Tapiero Charles S
Edizione	[1st ed. 2013.]
Pubbl/distr/stampa	New York, : Springer, c2013
Descrizione fisica	1 online resource (516 p.)
Disciplina	658.155
Collana	International series in operations research & management science
Soggetto topico	Risk management Engineering - Management
ISBN	1-299-33737-6 1-4614-6234-7
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Risk: The Convergence -- Risk Management Everywhere -- Probability Elements: An Applied Refresher -- Multivariate Probability Distributions: Applications and Risk Models -- Temporal Risk Processes -- Risk Measurement -- Risk Valuation -- Risk Economics and the Extended CCAPM -- Risk Pricing Models: Applications -- Uncertainty Economics -- Strategic Risk Control and Regulation -- Games, Risk, and Uncertainty.
Record Nr.	UNINA-9910438092803321

Autore	Tapiero Charles S
Pubbl/distr/stampa	Chichester, West Sussex ; ; Hoboken, NJ, : John Wiley, c2004
Descrizione fisica	1 online resource (359 p.)
Disciplina	658.15/5/015192 658.155015192
Soggetto topico	Finance - Mathematical models Risk management
Soggetto genere / forma	Electronic books.
ISBN	1-280-54157-1 9780470020350 9786610541577 0-470-02035-0 0-470-02036-9
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Risk and Financial Management; Contents; Preface; Part I: Finance and Risk Management; Chapter 1 Potpourri; 1.1 Introduction; 1.2 Theoretical finance and decision making; 1.3 Insurance and actuarial science; 1.4 Uncertainty and risk in finance; 1.4.1 Foreign exchange risk; 1.4.2 Currency risk; 1.4.3 Credit risk; 1.4.4 Other risks; 1.5 Financial physics; Selected introductory reading; Chapter 2 Making Economic Decisions under Uncertainty; 2.1 Decision makers and rationality; 2.1.1 The principles of rationality and bounded rationality; 2.2 Bayes decision making; 2.2.1 Risk management 2.3 Decision criteria 2.3.1 The expected value (or Bayes) criterion; 2.3.2 Principle of (Laplace) insufficient reason; 2.3.3 The minimax (maximin) criterion; 2.3.4 The maximax (minimin) criterion; 2.3.5 The minimax regret or Savage's regret criterion; 2.4 Decision tables and scenario analysis; 2.4.1 The opportunity loss table; 2.5 EMV, EOL, EPPI, EVPI; 2.5.1 The deterministic analysis; 2.5.2 The probabilistic analysis; Selected references and readings; Chapter 3 Expected Utility; 3.1 The concept of utility; 3.1.1 Lotteries and utility functions; 3.2 Utility and risk behaviour 3.2.1 Risk aversion 3.2.2 Expected utility bounds; 3.2.3 Some utility functions; 3.2.4 Risk sharing; 3.3 Insurance, risk management and expected utility; 3.3.1 Insurance and premium payments; 3.4 Critiques of expected utility theory; 3.4.1 Bernoulli, Buffon, Cramer and Feller; 3.4.2 Allais Paradox; 3.5 Expected utility and finance; 3.5.1 Traditional valuation; 3.5.2 Individual investment and consumption; 3.5.3 Investment and the CAPM; 3.5.4 Portfolio and utility maximization in practice; 3.5.5 Capital markets and the CAPM again 3.5.6 Stochastic discount factor, assets pricing and the Euler equation 3.6 Information asymmetry; 3.6.1 'The lemon phenomenon' or adverse selection; 3.6.2 'The moral hazard problem'; 3.6.3 Examples of moral hazard; 3.6.4 Signalling and screening; 3.6.5 The principal-agent problem; References and further reading; Chapter 4 Probability and Finance; 4.1 Introduction; 4.2 Uncertainty, games of chance and martingales; 4.3 Uncertainty, random walks and stochastic processes; 4.3.1 The random walk; 4.3.2 Properties of stochastic processes; 4.4 Stochastic calculus; 4.4.1 Ito's Lemma 4.5 Applications of Ito's Lemma 4.5.1 Applications; 4.5.2 Time discretization of continuous-time finance models; 4.5.3 The Girsanov Theorem and martingales*; References and further reading; Chapter 5 Derivatives Finance; 5.1 Equilibrium valuation and rational expectations; 5.2 Financial instruments; 5.2.1 Forward and futures contracts; 5.2.2 Options; 5.3 Hedging and institutions; 5.3.1 Hedging and hedge funds; 5.3.2 Other hedge funds and investment strategies; 5.3.3 Investor protection rules; References and additional reading; Part II: Mathematical and Computational Finance Chapter 6 Options and Derivatives Finance Mathematics
Record Nr.	UNINA-9910143481903321

Autore	Tapiero Charles S
Pubbl/distr/stampa	Chichester, West Sussex ; ; Hoboken, NJ, : John Wiley, c2004
Descrizione fisica	1 online resource (359 p.)
Disciplina	658.15/5/015192 658.155015192
Soggetto topico	Finance - Mathematical models Risk management
ISBN	1-280-54157-1 9780470020350 9786610541577 0-470-02035-0 0-470-02036-9
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Risk and Financial Management; Contents; Preface; Part I: Finance and Risk Management; Chapter 1 Potpourri; 1.1 Introduction; 1.2 Theoretical finance and decision making; 1.3 Insurance and actuarial science; 1.4 Uncertainty and risk in finance; 1.4.1 Foreign exchange risk; 1.4.2 Currency risk; 1.4.3 Credit risk; 1.4.4 Other risks; 1.5 Financial physics; Selected introductory reading; Chapter 2 Making Economic Decisions under Uncertainty; 2.1 Decision makers and rationality; 2.1.1 The principles of rationality and bounded rationality; 2.2 Bayes decision making; 2.2.1 Risk management 2.3 Decision criteria 2.3.1 The expected value (or Bayes) criterion; 2.3.2 Principle of (Laplace) insufficient reason; 2.3.3 The minimax (maximin) criterion; 2.3.4 The maximax (minimin) criterion; 2.3.5 The minimax regret or Savage's regret criterion; 2.4 Decision tables and scenario analysis; 2.4.1 The opportunity loss table; 2.5 EMV, EOL, EPPI, EVPI; 2.5.1 The deterministic analysis; 2.5.2 The probabilistic analysis; Selected references and readings; Chapter 3 Expected Utility; 3.1 The concept of utility; 3.1.1 Lotteries and utility functions; 3.2 Utility and risk behaviour 3.2.1 Risk aversion 3.2.2 Expected utility bounds; 3.2.3 Some utility functions; 3.2.4 Risk sharing; 3.3 Insurance, risk management and expected utility; 3.3.1 Insurance and premium payments; 3.4 Critiques of expected utility theory; 3.4.1 Bernoulli, Buffon, Cramer and Feller; 3.4.2 Allais Paradox; 3.5 Expected utility and finance; 3.5.1 Traditional valuation; 3.5.2 Individual investment and consumption; 3.5.3 Investment and the CAPM; 3.5.4 Portfolio and utility maximization in practice; 3.5.5 Capital markets and the CAPM again 3.5.6 Stochastic discount factor, assets pricing and the Euler equation 3.6 Information asymmetry; 3.6.1 'The lemon phenomenon' or adverse selection; 3.6.2 'The moral hazard problem'; 3.6.3 Examples of moral hazard; 3.6.4 Signalling and screening; 3.6.5 The principal-agent problem; References and further reading; Chapter 4 Probability and Finance; 4.1 Introduction; 4.2 Uncertainty, games of chance and martingales; 4.3 Uncertainty, random walks and stochastic processes; 4.3.1 The random walk; 4.3.2 Properties of stochastic processes; 4.4 Stochastic calculus; 4.4.1 Ito's Lemma 4.5 Applications of Ito's Lemma 4.5.1 Applications; 4.5.2 Time discretization of continuous-time finance models; 4.5.3 The Girsanov Theorem and martingales*; References and further reading; Chapter 5 Derivatives Finance; 5.1 Equilibrium valuation and rational expectations; 5.2 Financial instruments; 5.2.1 Forward and futures contracts; 5.2.2 Options; 5.3 Hedging and institutions; 5.3.1 Hedging and hedge funds; 5.3.2 Other hedge funds and investment strategies; 5.3.3 Investor protection rules; References and additional reading; Part II: Mathematical and Computational Finance Chapter 6 Options and Derivatives Finance Mathematics
Record Nr.	UNISA-996206813603316

Autore	Tapiero Charles S
Pubbl/distr/stampa	Chichester, West Sussex ; ; Hoboken, NJ, : John Wiley, c2004
Descrizione fisica	1 online resource (359 p.)
Disciplina	658.15/5/015192 658.155015192
Soggetto topico	Finance - Mathematical models Risk management
ISBN	1-280-54157-1 9780470020350 9786610541577 0-470-02035-0 0-470-02036-9
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Risk and Financial Management; Contents; Preface; Part I: Finance and Risk Management; Chapter 1 Potpourri; 1.1 Introduction; 1.2 Theoretical finance and decision making; 1.3 Insurance and actuarial science; 1.4 Uncertainty and risk in finance; 1.4.1 Foreign exchange risk; 1.4.2 Currency risk; 1.4.3 Credit risk; 1.4.4 Other risks; 1.5 Financial physics; Selected introductory reading; Chapter 2 Making Economic Decisions under Uncertainty; 2.1 Decision makers and rationality; 2.1.1 The principles of rationality and bounded rationality; 2.2 Bayes decision making; 2.2.1 Risk management 2.3 Decision criteria 2.3.1 The expected value (or Bayes) criterion; 2.3.2 Principle of (Laplace) insufficient reason; 2.3.3 The minimax (maximin) criterion; 2.3.4 The maximax (minimin) criterion; 2.3.5 The minimax regret or Savage's regret criterion; 2.4 Decision tables and scenario analysis; 2.4.1 The opportunity loss table; 2.5 EMV, EOL, EPPI, EVPI; 2.5.1 The deterministic analysis; 2.5.2 The probabilistic analysis; Selected references and readings; Chapter 3 Expected Utility; 3.1 The concept of utility; 3.1.1 Lotteries and utility functions; 3.2 Utility and risk behaviour 3.2.1 Risk aversion 3.2.2 Expected utility bounds; 3.2.3 Some utility functions; 3.2.4 Risk sharing; 3.3 Insurance, risk management and expected utility; 3.3.1 Insurance and premium payments; 3.4 Critiques of expected utility theory; 3.4.1 Bernoulli, Buffon, Cramer and Feller; 3.4.2 Allais Paradox; 3.5 Expected utility and finance; 3.5.1 Traditional valuation; 3.5.2 Individual investment and consumption; 3.5.3 Investment and the CAPM; 3.5.4 Portfolio and utility maximization in practice; 3.5.5 Capital markets and the CAPM again 3.5.6 Stochastic discount factor, assets pricing and the Euler equation 3.6 Information asymmetry; 3.6.1 'The lemon phenomenon' or adverse selection; 3.6.2 'The moral hazard problem'; 3.6.3 Examples of moral hazard; 3.6.4 Signalling and screening; 3.6.5 The principal-agent problem; References and further reading; Chapter 4 Probability and Finance; 4.1 Introduction; 4.2 Uncertainty, games of chance and martingales; 4.3 Uncertainty, random walks and stochastic processes; 4.3.1 The random walk; 4.3.2 Properties of stochastic processes; 4.4 Stochastic calculus; 4.4.1 Ito's Lemma 4.5 Applications of Ito's Lemma 4.5.1 Applications; 4.5.2 Time discretization of continuous-time finance models; 4.5.3 The Girsanov Theorem and martingales*; References and further reading; Chapter 5 Derivatives Finance; 5.1 Equilibrium valuation and rational expectations; 5.2 Financial instruments; 5.2.1 Forward and futures contracts; 5.2.2 Options; 5.3 Hedging and institutions; 5.3.1 Hedging and hedge funds; 5.3.2 Other hedge funds and investment strategies; 5.3.3 Investor protection rules; References and additional reading; Part II: Mathematical and Computational Finance Chapter 6 Options and Derivatives Finance Mathematics
Record Nr.	UNINA-9910830677003321

Autore	Tapiero Charles S
Pubbl/distr/stampa	Chichester, West Sussex ; ; Hoboken, NJ, : John Wiley, c2004
Descrizione fisica	1 online resource (359 p.)
Disciplina	658.15/5/015192
Soggetto topico	Finance - Mathematical models Risk management
ISBN	9780470020350 9786610541577 9781280541575 1280541571 9780470020357 0470020350 9780470020364 0470020369
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Risk and Financial Management; Contents; Preface; Part I: Finance and Risk Management; Chapter 1 Potpourri; 1.1 Introduction; 1.2 Theoretical finance and decision making; 1.3 Insurance and actuarial science; 1.4 Uncertainty and risk in finance; 1.4.1 Foreign exchange risk; 1.4.2 Currency risk; 1.4.3 Credit risk; 1.4.4 Other risks; 1.5 Financial physics; Selected introductory reading; Chapter 2 Making Economic Decisions under Uncertainty; 2.1 Decision makers and rationality; 2.1.1 The principles of rationality and bounded rationality; 2.2 Bayes decision making; 2.2.1 Risk management 2.3 Decision criteria 2.3.1 The expected value (or Bayes) criterion; 2.3.2 Principle of (Laplace) insufficient reason; 2.3.3 The minimax (maximin) criterion; 2.3.4 The maximax (minimin) criterion; 2.3.5 The minimax regret or Savage's regret criterion; 2.4 Decision tables and scenario analysis; 2.4.1 The opportunity loss table; 2.5 EMV, EOL, EPPI, EVPI; 2.5.1 The deterministic analysis; 2.5.2 The probabilistic analysis; Selected references and readings; Chapter 3 Expected Utility; 3.1 The concept of utility; 3.1.1 Lotteries and utility functions; 3.2 Utility and risk behaviour 3.2.1 Risk aversion 3.2.2 Expected utility bounds; 3.2.3 Some utility functions; 3.2.4 Risk sharing; 3.3 Insurance, risk management and expected utility; 3.3.1 Insurance and premium payments; 3.4 Critiques of expected utility theory; 3.4.1 Bernoulli, Buffon, Cramer and Feller; 3.4.2 Allais Paradox; 3.5 Expected utility and finance; 3.5.1 Traditional valuation; 3.5.2 Individual investment and consumption; 3.5.3 Investment and the CAPM; 3.5.4 Portfolio and utility maximization in practice; 3.5.5 Capital markets and the CAPM again 3.5.6 Stochastic discount factor, assets pricing and the Euler equation 3.6 Information asymmetry; 3.6.1 'The lemon phenomenon' or adverse selection; 3.6.2 'The moral hazard problem'; 3.6.3 Examples of moral hazard; 3.6.4 Signalling and screening; 3.6.5 The principal-agent problem; References and further reading; Chapter 4 Probability and Finance; 4.1 Introduction; 4.2 Uncertainty, games of chance and martingales; 4.3 Uncertainty, random walks and stochastic processes; 4.3.1 The random walk; 4.3.2 Properties of stochastic processes; 4.4 Stochastic calculus; 4.4.1 Ito's Lemma 4.5 Applications of Ito's Lemma 4.5.1 Applications; 4.5.2 Time discretization of continuous-time finance models; 4.5.3 The Girsanov Theorem and martingales*; References and further reading; Chapter 5 Derivatives Finance; 5.1 Equilibrium valuation and rational expectations; 5.2 Financial instruments; 5.2.1 Forward and futures contracts; 5.2.2 Options; 5.3 Hedging and institutions; 5.3.1 Hedging and hedge funds; 5.3.2 Other hedge funds and investment strategies; 5.3.3 Investor protection rules; References and additional reading; Part II: Mathematical and Computational Finance Chapter 6 Options and Derivatives Finance Mathematics
Record Nr.	UNINA-9911019822603321