Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks
Home > Business & Economics > Economics > Economic theory & philosophy > Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks
Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks

Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks


     0     
5
4
3
2
1



International Edition


About the Book

Every industry experiences strategic inflection points which offer promises as well as threats. The crisis of 2007-2009 was one of strategic inflection for the banking industry, and a significant part of the danger came from the fact that risk pricing was found desperately wanting. The flaws in the existing risk pricing system were exposed, but this could also be the starting point of a new, innovative and more accurate risk regime - indeed, if the global economy is to recover with any long-term strength, it must be. Deconstructing the failures of the past, and introducing some of the best techniques and disciplines for the future, 'Risk Pricing' is an essential guide to how the financial world got risk so badly wrong - and how it might avoid doing so again. Bringing much needed sunlight on the workings of modern financial risk, and the inadequacies of past attempts to price it, amongst numerous topics the author covers are: - Why the response of governments to the 2007-2009 crisis was seriously flawed - How risk complexity makes pricing in the 21st century particularly difficult, and what can be done about it - The application of Feynman diagrams in risk management - Why the top methodology of physicists - quantum electrodynamics (QED) - offer a potential solution with the qualities and capacity necessary for this complex task This is a book about managing risk through the correct pricing of exposure embedded in financial products. A high level risk control plan is necessary because, in many banks and other financial institutions, even CEOs and senior managers have often lacked the timely and detailed information they require to watch over exposures building up in warehoused positions. Regulators, too, have struggled to monitor risk, which means there is no time to lose in implementing a better risk pricing method. Another global economic crisis could take place if changes are not made.


Best Sellers



Product Details
  • ISBN-13: 9781906659370
  • Publisher: Harriman House
  • Publisher Imprint: Harriman House
  • Depth: 32
  • Language: English
  • Returnable: Y
  • Spine Width: 20 mm
  • Weight: 557 gr
  • ISBN-10: 1906659370
  • Publisher Date: 01 Feb 2010
  • Binding: Paperback
  • Height: 242 mm
  • No of Pages: 264
  • Series Title: English
  • Sub Title: Using Quantum Electrodynamics for Higher Order Risks
  • Width: 149 mm


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks
Harriman House -
Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals



    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!