Description
Book SynopsisThis revised edition concentrates on the techniques of risk measurement and their implementation in the management of risk. It is developed from the first edition, "Handbook of Risk Management and Analysis", with five new chapters.
Trade Review"In what started as a second edition of the well received Handbook of Risk Management and Analysis, Carol Alexander has taken up the challenge of the increasing complexity of today's markets by selecting additional material to cover new aspects of risk modelling and new products, hence the present two volume edition. As before, the authors are well known not only for their expository skills. Sound theories and tried and tested methods are explained; new markets and products are clearly described. This is essential reading for the growing community of quantitatively-minded risk managers.", Dr Jacques Pezier, September 1998, , #
Table of ContentsA Survey of Market Risk Measurment.
Mathematical Models of Risk.
Simulation 1.
Simulation 2.
Modelling Credit Risk.
Credit Enhancement.
Value at Risk.
Enterprise Wide Risk.
Risk Management Systems.
Optimal Hedging Strategies.
Volatility Trading.
