Publication

2011 - Wiley, Hoboken, New Jersey

Language

English

Word Count

112,000 words, Guess

Page Count

448 pages

Identifiers

and 1 more

Classifications

  • DDC332.64/5
  • LCCHD61 .U53 2011
  • LCCHG106

Description

"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"-- "Understanding and Managing Model Risk is a guide to the validation and risk management of quantitative models used for pricing and hedging"--

Subjects

Other Editions

  • Understanding and managing model risk: a practical guide for quants, traders and validatorsWiley2011-01-01
Show 1 more editions

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