Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Optimal Control of Credit Risk

Optimal Control of Credit Risk

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9780792379386
Condition
New
Product Description

Optimal Control of Credit Risk presents an alternative methodology to deal with a financial problem that has not been well analyzed yet: the control of credit risk. Credit risk has become recently the center of interest of the financial community, with new instruments (such as Credit Risk Derivatives) and new methodologies (such as Credit Metrics) being developed. The recent literature has focused on the pricing of credit risk. On the other hand, practitioners tend to eliminate credit risk rather than price it. They do so via collateralization. The authors propose here a methodological basis for an optimal collateralization. The monograph is organized as follows: Chapter 1 reviews the main avenues of literature related to our problem; Chapter 2 provides a brief overview of the main optimal control principles; and Chapter 3 presents the models and their setting. In the remaining chapters, the authors propose two sets of programs. One set of programs will apply in cases where the information on the assets=value is readily available (full observation case), while the other applies when costly audits are needed in order to assess this value (partial observation case). In either case, the modeling stage leads to a set of quasi-variational inequalities which the authors attempt to solve numerically in the simpler case of full observations. This is done in Chapter 6. Finally a simulation analysis is carried out in Chapter 7, in which the authors study the influence on the control process of changes in the different model parameters. This precedes a discussion on possible extensions in Chapter 8 and some concluding remarks in Section 9.

Available Colors
Available Sizes
1 Offer Price Range: $84.99 - $84.99
BEST PRICE

Single Product Purchase

$76.50
@ Link.springer.com with extra coupon Get Coupon & BUY

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$84.99 $84.99

10% OFF
This deals requires coupon Get Code Here
$76.50
See Site In stock Visit Store

Similar Products

Reimagining Capitalism in a Post-Globalization World

$199.99

Species, Species Concepts and Primate Evolution

$219.99

Summer Program Collection Grade 3

$326.00

Laughter, Jestbooks and Society in the Spanish Netherlands

$69.99

Computational Color Imaging

$39.99

Introduction to Fatigue in Metals and Composites

$169.99

Strategisches und prozeorientiertes Vertriebscontrolling

$49.99

Hyperedge Replacement: Grammars and Languages

$39.99

Arthur Miller for the Twenty-First Century

$129.99

Governing Territorial Development in the Western Balkans

$199.99

Neural Information Processing

$39.99

Global Adaptation and Resilience to Climate Change

$44.99

El Hierro Island

$169.99

Recent Developments in the Technology of Surfactants

$219.99

Elon Lima - Selected Papers

$54.99

Organisation von Software-Systemen

$59.99

Photoprotection, Photoinhibition, Gene Regulation, and Environment

$219.99

Strategische Kooperationen in der Versicherungsbranche

$59.99

Treating NVLD in Children

$79.99

Law, Development and Innovation

$39.99

Coming Home to an (Un)familiar Country

$79.99

Judging the Past

$119.99

Metallization and Metal-Semiconductor Interfaces

$84.99

Schumann-Handbuch

$34.99

Variable Verzinsung und Kreditlaufzeit bei monetren und realen Risiken

$59.99

Management of Musculoskeletal Injuries in the Trauma Patient

$109.99

Red Cell Deformability and Filterability

$84.99

Dynamics of Technological Change

$39.99

Nuclear Analytical Methods in the Life Sciences

$219.99

Medical Image Computing and Computer-Assisted Intervention -- MICCAI 2012

$54.99

Algorithms and Data Structures

$54.99

Die Mehrwertsteuer in der betrieblichen Praxis

$49.99

Die Pflegeversicherung

$69.99

Ethiopian Yearbook of International Law 2017

$109.99

Social and Technological Innovation in Africa

$129.99

LegalTech

$17.99

GSN - The Goal Structuring Notation

$109.99

Conceptual Structure of Continuum Physics

$169.99

Statistical Modeling for Biological Systems

$129.99

Handbook of Evidence-Based Stereotactic Radiosurgery and Stereotactic Body Radiotherapy

$99.00