Description

Bayesian Methods in Finance provides a detailed overview of the theory of Bayesian methods and explains their real-world applications to financial modeling. While the principles and concepts explained throughout the book can be used in financial modeling and decision making in general, the authors focus on portfolio management and market risk management—since these are the areas in finance where Bayesian methods have had the greatest penetration to date.

Bayesian Methods in Finance

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Hardback by Svetlozar T. Rachev , John S. J. Hsu

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Bayesian Methods in Finance provides a detailed overview of the theory of Bayesian methods and explains their real-world applications to... Read more

    Publisher: John Wiley & Sons Inc
    Publication Date: 11/03/2008
    ISBN13: 9780471920830, 978-0471920830
    ISBN10: 0471920835

    Number of Pages: 329

    Non Fiction , Business, Finance & Law

    Description

    Bayesian Methods in Finance provides a detailed overview of the theory of Bayesian methods and explains their real-world applications to financial modeling. While the principles and concepts explained throughout the book can be used in financial modeling and decision making in general, the authors focus on portfolio management and market risk management—since these are the areas in finance where Bayesian methods have had the greatest penetration to date.

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