"A guide to the growing importance of extreme value risk theory, methods, and applications in the financial sector …"Extreme Events in Finance: A Handbook of Extreme Value Theory and its Applications features a combination of the … theory, methods, and applications of extreme value theory (EVT) in finance as well as a practical understanding of market …

The risk-neutral distribution of returns, implied by S&P 500 option prices, has been a popular topic of research for … many years. Because of its forward-looking nature, it gives valuable insights into the expectation and risk attitude of …

Theory.- Diffusion Approximation in Risk Theory … analyst and risk manager will benefit. Covering topics such as heavy tailed distributions, implied trinomial trees, pricing of … CAT bonds, simulation of risk processes and ruin probability approximation, the book does not only offer practitioners …