Handbook of simulation and financial risk management with practical case studies / Ngai Hang Chan, Department of Statistics, the Chinese University of Hong Kong, Shatin, Hong Kong, Hoi Ying Wong, Department of Statistics, the Chinese University of Hong Kong, Shatin, Hong Kong. [electronic resource] Chan, Ngai Hang. Wong, Hoi Ying, 1974- Finance Simulation methods. Risk management Simulation methods. HG173 332.64/50113 23 Includes bibliographical references and index. Print version record and CIP data provided by publisher. This authoritative handbook illustrates practical implementation of simulation techniques in the banking and financial industries through use of real-world, time-sensitive applications. Striking a balance between theory and practice, it demonstrates how simulation algorithms can be used to solve practical problems and showcases how accuracy and efficiency in implementing various simulation methods can be used as indispensable tools in risk management. It also covers topics such as volatility, fixed-income derivatives, LIBOR Market Models, risk measures, and includes over two-dozen recognized s. 2013 Text 1 online resource. http://onlinelibrary.wiley.com/book/10.1002/9781118573570 eng Wiley handbooks in financial engineering and econometrics Wiley handbooks in financial engineering and econometrics. Handbook of simulation and financial risk management with practical case studies. Handbook of simulation and financial risk management with practical case studies.