Key Features:This book discusses some frontiers of Gaussian processes analysis and their associated Wick-Ito formula. For the first time, the studies of fractional Brownian motion is put into the framework of fractional white noise multiplication operatorsSome up-to-date treatment is of the...

A critical look at the risk measurement tool that has repeatedly hurt the financial world The Number That Killed Us finally tells the "greatest story never told": how a mysterious financial risk measurement model has ruled the world for the past two decades and how it has repeatedly, and...

This book concerns the use of concepts from statistical physics in the description of financial systems. These concepts are applied to financial time series to gain an understanding of the behavior of financial markets. The book will be of interest to physicists and economists and professionals...

This book provides a synthesis of the theoretical literature of the last ten years with some empirical applications. Social learning is about individuals learning from the behavior of others and may lead to outcomes such as herding, fads, frenzies, crashes, and booms

Written by leading market risk academic, Professor Carol Alexander, Quantitative Methods in Finance forms part one of the Market Risk Analysis four volume set. Starting from the basics, this book helps readers to take the first step towards becoming a properly qualified financial risk manager...

What Ralph Nader's spoiler role in the 2000 presidential election tells us about the American political system. Why Montana went to court to switch the 1990 apportionment to Dean's method. How the US tried to use game theory to win the Cold War, and why it didn't work. When students realize that...

Intro -- Global Financial Markets -- Preface -- Contents -- About the Authors -- List of Figures -- List of abbreviations and symbols -- List of Synonyms -- 1 Introduction -- 1 How Can Managers Assure that the Decision Papers which They Receive Are Not Already Flawed and Faulty Decisions Are...

The aim of this book is to bring students of economics and finance who have only an introductory background in mathematics up to a quite advanced level in the subject, thus preparing them for the core mathematical demands of econometrics, economic theory, quantitative finance and mathematical...