{"product_id":"risk-finance-and-asset-pricing-value-measurements-and-markets-hardcover","title":"Risk Finance and Asset Pricing: Value, Measurements, and Markets - Hardcover","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\u003eCharles S. Tapiero\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA comprehensive guide to financial engineering that stresses real-world applications\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eFinancial engineering expert Charles S. Tapiero has his finger on the pulse of shifts coming to financial engineering and its applications. With an eye toward the future, he has crafted a comprehensive and accessible book for practitioners and students of Financial Engineering that emphasizes an intuitive approach to financial and quantitative foundations in financial and risk engineering. The book covers the theory from a practitioner perspective and applies it to a variety of real-world problems.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eExamines the cornerstone of the explosive growth in markets worldwide\u003c\/li\u003e \u003cli\u003ePresents important financial engineering techniques to price, hedge, and manage risks in general\u003c\/li\u003e \u003cli\u003eAuthor heads the largest financial engineering program in the world\u003cbr\u003e Author Charles Tapiero wrote the seminal work \u003ci\u003eRisk and Financial Management\u003c\/i\u003e.\u003c\/li\u003e \u003c\/ul\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOver the past two decades, financial firms, companies, and governments have shifted greater attention to financial manipulations in which they capitalized on leverage and short-term returns. These actually resulted in an explosive and global growth in financial activity. A financial Pandora's box had been opened, and countries and blue chip corporations believing in perpetual growth and once thought too big to fail, found themselves strangled with a debt they were not able to bear.\u003c\/p\u003e \u003cp\u003eThe recent market melt-down and credit liquidity crisis created full realization that complex financial products--when misunderstood and misused--can have devastating effects. Risk Finance and Asset Pricing: Value, Measurements, and Markets is a comprehensive introduction to financial engineering that presents the foundations of asset pricing and risk management, while stressing real-world applications.\u003c\/p\u003e \u003cp\u003eWritten for both beginning and practicing financial engineers, author Charles Tapiero--the Topfer Distinguished Professor of Financial Engineering and Technology Management at the NYU Polytechnic Institute--provides: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eA non-quantitative introduction to the business of finance, risk, and their many applications\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAn overview of the statistical approaches for measuring risk\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAn introduction to the concept of utility and financial risk management\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAn outline of the Arrow-Debreu framework in discrete states and time for assets and derivatives (options) pricing\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAn outline of credit risk, scoring, and complex structured financial products such as credit derivatives, their models, their demystification, pricing, and finally, a cursory view of technical approaches to implied pricing\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEach chapter includes a summary of the techniques described, and concludes with a series of problems so readers can test what they've learned.\u003c\/p\u003e \u003cp\u003eFinancial engineering, despite its challenges and opportunities, when misunderstood, has the potential to wreak havoc on world economies and individual portfolios. Risk Finance and Asset Pricing presents a new direction in financial engineering education that combines reality and theory so that risk finance might again work as intended.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOver the past two decades, financial firms, companies, and governments have shifted greater attention to financial manipulations in which they capitalized on leverage and short-term returns. These actually resulted in an explosive and global growth in financial activity. A financial Pandora's box had been opened, and countries and blue chip corporations believing in perpetual growth and once thought too big to fail, found themselves strangled with a debt they were not able to bear. \u003c\/p\u003e\u003cp\u003eThe recent market melt-down and credit liquidity crisis created full realization that complex financial products--when misunderstood and misused--can have devastating effects. \u003ci\u003eRisk Finance and Asset Pricing: Value, Measurements, and Markets \u003c\/i\u003eis a comprehensive introduction to financial engineering that presents the foundations of asset pricing and risk management, while stressing real-world applications. \u003c\/p\u003e\u003cp\u003eWritten for both beginning and practicing financial engineers, author Charles Tapiero--the Topfer Distinguished Professor of Financial Engineering and Technology Management at the NYU Polytechnic Institute--provides: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eA non-quantitative introduction to the business of finance, risk, and their many applications\u003c\/li\u003e \u003cli\u003eAn overview of the statistical approaches for measuring risk\u003c\/li\u003e \u003cli\u003eAn introduction to the concept of utility and financial risk management\u003c\/li\u003e \u003cli\u003eAn outline of the Arrow-Debreu framework in discrete states and time for assets and derivatives (options) pricing\u003c\/li\u003e \u003cli\u003eAn outline of credit risk, scoring, and complex structured financial products such as credit derivatives, their models, their demystification, pricing, and finally, a cursory view of technical approaches to implied pricing\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEach chapter includes a summary of the techniques described, and concludes with a series of problems so readers can test what they've learned. \u003c\/p\u003e\u003cp\u003eFinancial engineering, despite its challenges and opportunities, when misunderstood, has the potential to wreak havoc on world economies and individual portfolios. \u003ci\u003eRisk Finance and Asset Pricing\u003c\/i\u003e presents a new direction in financial engineering education that combines reality and theory so that risk finance might again work as intended.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eCHARLES S. TAPIERO\u003c\/b\u003e is the Topfer Distinguished Professor of Financial Engineering and Technology Management at the New York University Polytechnic Institute. He is also Chair and founder of the Department of Finance and Risk Engineering, as well as cofounder and co-Editor in Chief of \u003ci\u003eRisk and Decision Analysis.\u003c\/i\u003e An active researcher and consultant, Professor Tapiero has published over 350 papers and thirteen books on a broad range of issues spanning risk analysis, actuarial and financial risk engineering, and management, including \u003ci\u003eRisk and Financial Management: Mathematical and Computational Methods, \u003c\/i\u003e also by Wiley.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 478\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.7 x 10 x 7.2 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 05, 2010\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":43735365517447,"sku":"9780470549469","price":95.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/k1S644Ze0z9780470549469.webp?v=1768524619","url":"https:\/\/booksby.splitshops.com\/products\/risk-finance-and-asset-pricing-value-measurements-and-markets-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}