{"product_id":"introduction-to-credit-risk-modeling-paperback","title":"Introduction to Credit Risk Modeling - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eChristian Bluhm\u003c\/b\u003e (Author), \u003cb\u003eLudger Overbeck\u003c\/b\u003e (Author), \u003cb\u003eChristoph Wagner\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cem\u003eContains Nearly 100 Pages of New Material\u003c\/em\u003e\u003c\/p\u003e\u003cp\u003eThe recent financial crisis has shown that credit risk in particular and finance in general remain important fields for the application of mathematical concepts to real-life situations. While continuing to focus on common mathematical approaches to model credit portfolios, \u003cstrong\u003e Introduction to Credit Risk Modeling, Second Edition\u003c\/strong\u003e presents updates on model developments that have occurred since the publication of the best-selling first edition.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eNew to the Second Edition\u003c\/strong\u003e\u003c\/p\u003e\u003cul\u003e \u003cli\u003eAn expanded section on techniques for the generation of loss distributions\u003c\/li\u003e \u003cli\u003eIntroductory sections on new topics, such as spectral risk measures, an axiomatic approach to capital allocation, and nonhomogeneous Markov chains\u003c\/li\u003e \u003cli\u003eUpdated sections on the probability of default, exposure-at-default, loss-given-default, and regulatory capital \u003c\/li\u003e \u003cli\u003eA new section on multi-period models\u003c\/li\u003e \u003cli\u003eRecent developments in structured credit\u003c\/li\u003e \u003c\/ul\u003e\u003cp\u003eThe financial crisis illustrated the importance of effectively communicating model outcomes and ensuring that the variation in results is clearly understood by decision makers. The crisis also showed that more modeling and more analysis are superior to only one model. This accessible, self-contained book recommends using a variety of models to shed light on different aspects of the true nature of a credit risk problem, thereby allowing the problem to be viewed from different angles. \u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOver the years, \u003cstrong\u003eChristian Bluhm\u003c\/strong\u003e has worked for Deutsche Bank, McKinsey, HypoVereinsbank's Group Credit Portfolio Management, and Credit Suisse. He earned a Ph.D. in mathematics from the University of Erlangen-Nürnberg. \u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eLudger Overbeck\u003c\/strong\u003e is a professor of probability theory and quantitative finance and risk management in the Institute of Mathematics at the University of Giessen. During his career, he worked for Deutsche Bundesbank, Deutsche Bank, HypoVereinsbank\/UniCredit, DZBank, and Commerzbank. He earned a Ph.D. in mathematics from the University of Bonn.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eChristoph Wagner\u003c\/strong\u003e has worked for Deutsche Bank, Allianz Group Center, UniCredit\/HypoVereinsbank, and Allianz Risk Transfer. He earned a Ph.D. in statistical physics from the Technical University of Munich.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 384\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.9 x 9.2 x 6.1 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 14, 2024\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":45534903107719,"sku":"9781032920795","price":111.76,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/gj4ihl6gkW9781032920795.webp?v=1786729562","url":"https:\/\/booksby.splitshops.com\/products\/introduction-to-credit-risk-modeling-paperback","provider":"Books by splitShops","version":"1.0","type":"link"}