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
9781461513933
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

$84.99
@ Link.springer.com     BUY Now

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

$84.99
See Site In stock Visit Store

Similar Products

Discrete Groups in Space and Uniformization Problems

$109.99

From Morphological Imaging to Molecular Targeting

$129.00

Insulin

$84.99

The Versatile Soliton

$39.99

Boar Reproduction

$279.99

Computer-Assisted and Robotic Endoscopy

$39.99

Algorithms and Computation

$79.99

Digitale Medien in der politischen Bildung

$44.99

Plant Salt Tolerance

$109.99

Noncommutative Geometry and the Standard Model of Elementary Particle Physics

$109.99

Wireless Systems and Mobility in Next Generation Internet

$39.99

Crohn's Disease and Ulcerative Colitis

$37.99

UEG-Fibel

$69.99

Conducting Educational Needs Assessments

$39.99

Physical Sciences and Engineering Advances in Life Sciences and Oncology

$109.99

Reactive with ClojureScript Recipes

$69.99

Die Hirnttigkeit des Suglings

$84.99

Scholastic Reader! Level 1: Silly Milly

$4.49

Cerebrovascular Evaluation with Doppler Ultrasound

$54.99

Behavioral Theories and Treatment of Anxiety

$54.99

Ethical Public Health Policy Within Pandemics

$129.99

The Pathways of Mind

$109.99

Grenzen konomischen Denkens

$64.99

New Trends in Nonlinear Dynamics and Control, and their Applications

$129.00

Die Altersabhngigkeit der Beanspruchung von Montagemitarbeitern

$69.99

Entstehung und Ausbreitung der Alchemie

$64.99

Web Engineering

$109.99

Potentials and Trends in Biomimetics

$84.99

Conceptual Spaces: Elaborations and Applications

$129.99

The Neural Basis of Early Vision

$39.99

Quantitative Ultrasound in Soft Tissues

$139.00

Method Acting Reconsidered

$64.99

Exploring Islam beyond Orientalism and Occidentalism

$84.99

Discussing the Islamic State on Twitter

$49.99

PET-CT: Rare Findings and Diseases

$39.99

Peripherische Nerven, Gefsystem

$59.99

Mathematical Analysis of Complex Cellular Activity

$59.99

Kinder Bcher Massenmedien

$69.99

Dynamic Management of Sustainable Development

$109.99

Zur Psychologie des Massenmords

$59.99