Financial models with Lévy processes and volatility clustering /

• Συγγραφή απο Οργανισμό/Αρχή: Wiley InterScience (Online service)
• Άλλοι συγγραφείς: Rachev, S. T. (Svetlozar Todorov)
• Μορφή: Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Hoboken, N.J. : John Wiley, [2011]
• Σειρά: Frank J. Fabozzi series.
• Θέματα: Capital assets pricing model.; Lévy processes.; Finance > Mathematical models.; Probabilities.; Le'vy processes.; BUSINESS & ECONOMICS > Finance.; Electronic books.

The financial crisis that began in the summer of 2007 has led to criticisms that the financial models used by risk managers, portfolio managers, and even regulators simply do not reflect the realities of today's markets. While one tool cannot be blamed for the entire global financial crisis, im...