Energy and Power Risk Management: New Developments in Modeling, Pricing, and Hedging, Alexander Eydeland

Íîâîå èçäàíèå

Àâòîð: Eydeland Íàçâàíèå: Energy and Power Risk Management, 2nd Edition: New Developments in Modeling, Pricing, and Hedging ISBN: 0471784214 ISBN-13(EAN): 9780471784210 Èçäàòåëüñòâî: Wiley Öåíà: 7508 ð. Íàëè÷èå íà ñêëàäå: Ïîñòàâêà ïîä çàêàç. Îïèñàíèå: This book offers the tools and methods for analysis and management of energy risk. "Energy and Power Risk Management, Second Edition" addresses the
complex issues and challenges arising in the expanding market for energy derivatives, providing readers with insight into modeling, hedging, and risk management techniques utilized in
the energy markets. This fully revised and updated second edition provides significantly more coverage of the oil and oil product markets as well as commodity linked fixed income
products, and also reviews the impact technical developments in modeling and model estimation have made within this industry over the last few years.

Alexander Eydeland,
PhD (Purchase, NY) is Executive Director at Morgan Stanley in charge of global commodities analytic modeling. Krzysztof Wolyniec (Stamford, NY) is a Director at Sempra Commodities,
heading the quantitative analysis group.

Îïèñàíèå: This book offers the tools and methods for analysis and management of energy risk. "Energy and Power Risk Management, Second Edition" addresses the
complex issues and challenges arising in the expanding market for energy derivatives, providing readers with insight into modeling, hedging, and risk management techniques utilized in
the energy markets. This fully revised and updated second edition provides significantly more coverage of the oil and oil product markets as well as commodity linked fixed income
products, and also reviews the impact technical developments in modeling and model estimation have made within this industry over the last few years.

Alexander Eydeland,
PhD (Purchase, NY) is Executive Director at Morgan Stanley in charge of global commodities analytic modeling. Krzysztof Wolyniec (Stamford, NY) is a Director at Sempra Commodities,
heading the quantitative analysis group.

Àâòîð: Marcelo G. Cruz Íàçâàíèå: Modeling, Measuring and Hedging Operational Risk ISBN: 0471515604 ISBN-13(EAN): 9780471515609 Èçäàòåëüñòâî: Wiley Ðåéòèíã: Öåíà: 4619 ð. Íàëè÷èå íà ñêëàäå: Åñòü ó ïîñòàâùèêà Ïîñòàâêà ïîä çàêàç.

Îïèñàíèå: Operational risk concerns issues like transaction processing errors, liability situations, and back-office failure. This text focuses on the measuring and modelling techniques banks and investment companies need to quantify operational risk and provides practical, sensible solutions for doing so.

Îïèñàíèå: This work aims to provide a thorough explanation of moder methods for pricing and hedging with descriptions of the various modelling techniques that can be used to price the various securities, such as government bonds, treasury bills, and interest rate derivatives.

Îïèñàíèå: This book presents a major innovation in the interest rate space. It explains a financially motivated extension of the LIBOR Market model which accurately reproduces the prices for plain vanilla hedging instruments (swaptions and caplets) of all strikes and maturities produced by the SABR model.

Îïèñàíèå: Model calibration strategies and techniques for derivative products The calibration of derivatives has evolved significantly, covering new ground like implied volatility surface static and dynamics, first and higher-generation exotics calibration, local and stochastic volatility models, interest rates or multi-asset correlation modeling, default time modeling, credit derivatives, and more. This book introduces the fundamentals of model calibration by taking an intuitive approach to the Black, Scholes, and Merton and revisiting it in an incomplete markets setting, applying to a range of hedging strategies.

Îïèñàíèå: Using empirical data and charts, this book explains the consequences of diversification failure in tail events and how to manage portfolios when this happens. It provides an easy-to-use, yet rigorous framework for protecting investment portfolios against tail risk and using tail hedging to play offense.

Îïèñàíèå: A reference to the complexities of the options market with clear explanations of all various forms of risk, this text presents real-world risk management and arbitrage techniques and strategies.

Àâòîð: Orol, Ronald D. Íàçâàíèå: Extreme value hedging ISBN: 0471746851 ISBN-13(EAN): 9780471746850 Èçäàòåëüñòâî: Wiley Ðåéòèíã: Öåíà: 2309 ð. Íàëè÷èå íà ñêëàäå: Ïîñòàâêà ïîä çàêàç.

Îïèñàíèå: Blessed with abundant seafood, wonderful produce, and bountiful vineyards, the Pacific Northwest has spawned a unique culinary culture. This is a cookbook and guide to the Pacific Northwest`s vibrant wine and culinary scene. It showcases the dishes and wines that have made the Pacific Northwest a gastronomic mecca.

Îïèñàíèå: Praise for Fuel Hedging and Risk Management "Risk Management is an art, not a science, but it certainly helps to know a lot of science. In this book, the authors provide an excellent overview of both qualitative and quantitative aspects of risk managemen

Àâòîð: Bielecki Tomasz R., Rutkowski Marek Íàçâàíèå: Credit Risk: Modeling, Valuation and Hedging ISBN: 3540675930 ISBN-13(EAN): 9783540675938 Èçäàòåëüñòâî: Springer Ðåéòèíã: Öåíà: 11494 ð. Íàëè÷èå íà ñêëàäå: Åñòü ó ïîñòàâùèêà Ïîñòàâêà ïîä çàêàç.

Îïèñàíèå: The main objective of Credit Risk: Modeling, Valuation and Hedging is to present a comprehensive survey of the past developments in the area of credit risk research, as well as to put forth the most recent advancements in this field. An important aspect of this text is that it attempts to bridge the gap between the mathematical theory of credit risk and the financial practice, which serves as the motivation for the mathematical modeling studied in the book. Mathematical developments are presented in a thorough manner and cover the structural (value-of-the-firm) and the reduced (intensity-based) approaches to credit risk modeling, applied both to single and to multiple defaults. In particular, the book offers a detailed study of various arbitrage-free models of defaultable term structures with several rating grades.

Îïèñàíèå: Property derivatives have the potential to revolutionize real estate - the last major asset class without a liquid derivatives market. The new instruments offer ease and flexibility in the management of property risk and return.