Product Description: The theory of Value at Risk (VaR), which quantifies the probability of large losses in financial transactions, won the Nobel Prize in economics for Robert Merton. As trading systems have become more complex, however, the dangers of very large losses have become more acute...read more

This text examines the complex issues that concern the stability of the global financial system by presenting a mix of theory and practice. It should be essential reading for all involved in financial risk management. (view table of contents)

Product Description: The First Collection That Covers This Field at the Dynamic Strategic and One-Period Tactical Levels Addressing the imbalance between research and practice, Quantitative Fund Management presents leading-edge theory and methods, along with their application in practical problems encountered in the fund management industry...read more

Product Description: The papers in this volume address various aspects of financial derivatives that range from abstract financial theory to practical issues pertaining to the pricing and hedging of interest rate derivatives and exotic options in the market place...read more (view table of contents, read Amazon.com's description)

Product Description: . . . an unprecedented mix of pentecostal theology and mission practice, virtually a manifesto for pentecostal missions in the nineties . . . the fullest and finest missiological treatise originating within classical Pentecostalism available." Russell P. Spittler

Product Description: This book is devoted to a specific problem in the general theory of optimal control--sequential control under conditions of incomplete information. The main results concern the case in which at each moment of (continuous or discrete) time only a finite number of controls are admissible and the results of control action conducted in a Bayesian framework are represented by realizations of random variables whose distributions for a given control correspond to one of several alternative hypotheses...read more

Product Description: During the last decade the techniques of non-linear optim­ ization have emerged as an important subject for study and research. The increasingly widespread application of optim­ ization has been stimulated by the availability of digital computers, and the necessity of using them in the investigation of large systems...read more