04199cam a2200721Ka 4500 ocn758387064 OCoLC 20171116095032.0 m o d cr cnu---unuuu 111024s2011 enka ob 001 0 eng d 015789737 Uk 9781119960850 (electronic bk.) 1119960851 (electronic bk.) 9781118467312 (electronic bk.) 1118467310 (electronic bk.) 9780470977613 0470977612 AU@ 000052898873 AU@ 000053284762 DEBBG BV040591830 DEBBG BV041561710 DEBBG BV041911934 DEBSZ 396994172 DEBSZ 425883701 DEBSZ 430990340 DEBSZ 449240789 DKDLA 820120-katalog:000587947 NZ1 14792747 (OCoLC)758387064 (OCoLC)756898479 (OCoLC)767949510 (OCoLC)795998952 (OCoLC)816865394 10.1002/9781118467312 Wiley InterScience http://www3.interscience.wiley.com N$T eng pn N$T YDXCP E7B EBLCP MERUC UIU DG1 UKMGB OCLCQ OCLCF DEBSZ OCLCQ OCLCO IDEBK NLGGC B24X7 CDX DEBBG OCLCQ OCLCO S3O OCLCO OCLCQ OCLCO MAIN HD61 .M67 2011eb BUS 036000 bisacsh 332.64/5 23 Morini, Massimo. Understanding and managing model risk : a practical guide for quants, traders and validators / Massimo Morini. [electronic resource] Chichester, West Sussex : Wiley, 2011. 1 online resource (xx, 428 pages) : illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Wiley finance series Includes bibliographical references and index. Cover; Series; Title Page; Copyright; Preface; HOW WE PROCEED; WHAT ELSE YOU WILL FIND IN THIS BOOK; Acknowledgements; Part I: Theory and Practice of Model Risk Management; 1: Understanding Model Risk; 1.1 WHAT IS MODEL RISK?; 1.2 FOUNDATIONS OF MODELLING AND THE REALITY OF MARKETS; 1.3 ACCOUNTING FOR MODELLERS; 1.4 WHAT REGULATORS SAID AFTER THE CRISIS; 1.5 MODEL VALIDATION AND RISK MANAGEMENT: PRACTICAL STEPS; 2: Model Validation and Model Comparison: Case Studies; 2.1 THE PRACTICAL STEPS OF MODEL COMPARISON; 2.2 FIRST EXAMPLE: THE MODELS. "A guide to the validation and risk management of quantitative models used for pricing and hedging. Whereas the majority of quantitative finance books focus on mathematics and risk management books focus on regulatory aspects, this book addresses the elements missed by this literature--the risks of the models themselves. This book starts from regulatory issues, but translates them into practical suggestions to reduce the likelihood of model losses, basing model risk and validation on market experience and on a wide range of real-world examples, with a high level of detail and precise operative indications"-- Provided by publisher. "Understanding and Managing Model Risk is a guide to the validation and risk management of quantitative models used for pricing and hedging"-- Provided by publisher. Print version record. Risk management. Risk management Mathematical models. Risk management. Risk management Mathematical models. BUSINESS & ECONOMICS Finance. bisacsh BUSINESS & ECONOMICS Investments & Securities General. bisacsh Risk management. fast (OCoLC)fst01098164 Risk management Mathematical models. fast (OCoLC)fst01098179 Electronic books. Print version: Morini, Massimo. Understanding and managing model risk. Chichester, West Sussex : Wiley, 2011 9780470977613 (DLC) 2011031397 (OCoLC)721932550 Wiley finance series. http://onlinelibrary.wiley.com/book/10.1002/9781118467312 Wiley Online Library ddc BK 205323 205323