{"product_id":"quantitative-finance-and-risk-management-a-physicists-approach-2nd-edition","title":"QUANTITATIVE FINANCE AND RISK MANAGEMENT: A PHYSICIST'S APPROACH (2ND EDITION)","description":"\u003cp\u003e\u003cstrong\u003eBook info:\u003c\/strong\u003e QUANTITATIVE FINANCE AND RISK MANAGEMENT: A PHYSICIST'S APPROACH (2ND EDITION) (Hardcover, 1000 pages) – World Scientific Publishing Company, 2016. Language: English.\u003c\/p\u003e\n Written by a physicist with extensive experience as a risk\/finance quant, this book treats a wide variety of topics. Presenting the theory and practice of quantitative finance and risk, it delves into the \"how to\" and \"what it's like\" aspects not covered in textbooks or papers. A \"Technical Index\" indicates the mathematical level for each chapter.\u003cp\u003e This second edition includes some new, expanded, and wide-ranging considerations for risk management: Climate Change and its long-term systemic risk; Markets in Crisis and the Reggeon Field Theory; \"Smart Monte Carlo\" and American Monte Carlo; Trend Risk — time scales and risk, the Macro–Micro model, singular spectrum analysis; credit risk: counterparty risk and issuer risk; stressed correlations — new techniques; and Psychology and option models. Solid risk management topics from the first edition and valid today are included: standard\/advanced theory and practice in fixed income, equities, and FX; quantitative finance and risk management — traditional\/exotic derivatives, fat tails, advanced stressed VAR, model risk, numerical techniques, deals\/portfolios, systems, data, economic capital, and a function toolkit; risk lab — the nuts and bolts of risk management from the desk to the enterprise; case studies of deals; Feynman path integrals, Green functions, and options; and \"Life as a Quant\" — communication issues, sociology, stories, and advice. Readership: Quant practitioners, graduate students in finance, scientists and engineers.\u003c\/p\u003e  \n        About the Author   Jan Dash heads the Quant Risk Analytics group at Bloomberg LP. He previously managed quant\/risk groups at Moore Capital Management, Citigroup \/ Salomon Smith Barney, Fuji Capital Markets, Eurobrokers, and Merrill Lynch. Jan introduced Feynman-Wiener path integrals to finance as a general paradigm. He invented advanced Stressed Value at Risk, a practical risk measure and urged its adoption to increase capital long before the 2008 financial crisis. He co-invented the Macro-Micro Model that deals with trend risk, by producing a more realistic description of underlying market variables for both long and short time scales. His finance academic positions have been Adjunct Professor with the Courant Institute (NYU) and Visiting Research Scholar at the Fordham University, Graduate School of Business Administration. In his previous physics career, he was Directeur de Recherche at the Centre de Physique Théorique (CNRS, Marseille, France), MTS at Bell Labs, and on the faculty at the University of Oregon. He is President of J Dash Consultants LLC. He published over 60 scientific papers. He holds a BS from Caltech and a PhD in theoretical high-energy physics from UC Berkeley.      ","brand":"Jan W Dash","offers":[{"title":"Default Title","offer_id":46069005582570,"sku":"9789814571234","price":134.89,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0714\/5301\/6298\/files\/51DJh9X2fjL._SL1500.jpg?v=1781195980","url":"https:\/\/textbookme.store\/products\/quantitative-finance-and-risk-management-a-physicists-approach-2nd-edition","provider":"TextbookMe","version":"1.0","type":"link"}