Simulation and Optimization in Finance: Modeling with MATLAB, @Risk, or VBA

Valutazione media 4,33
( su 9 valutazioni fornite da Goodreads )
 
9780470371893: Simulation and Optimization in Finance: Modeling with MATLAB, @Risk, or VBA

An introduction to the theory and practice of financial simulation and optimization

In recent years, there has been a notable increase in the use of simulation and optimization methods in the financial industry. Applications include portfolio allocation, risk management, pricing, and capital budgeting under uncertainty.

This accessible guide provides an introduction to the simulation and optimization techniques most widely used in finance, while at the same time offering background on the financial concepts in these applications. In addition, it clarifies difficult concepts in traditional models of uncertainty in finance, and teaches you how to build models with software. It does this by reviewing current simulation and optimization methodology-along with available software-and proceeds with portfolio risk management, modeling of random processes, pricing of financial derivatives, and real options applications.

  • Contains a unique combination of finance theory and rigorous mathematical modeling emphasizing a hands-on approach through implementation with software
  • Highlights not only classical applications, but also more recent developments, such as pricing of mortgage-backed securities
  • Includes models and code in both spreadsheet-based software (@RISK, Solver, Evolver, VBA) and mathematical modeling software (MATLAB)

Filled with in-depth insights and practical advice, Simulation and Optimization Modeling in Finance offers essential guidance on some of the most important topics in financial management.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

From the Inside Flap:

In recent years, there has been a notable increase in the use of simulation and optimization methods in risk management, portfolio allocation, asset pricing, derivatives pricing, and capital budgeting under uncertainty.

With Simulation and Optimization in Finance and its companion Web site, authors Dessislava Pachamanova and Frank Fabozzi explain the application of these tools for both financial professionals and academics in this field.

Divided into five comprehensive parts, this reliable guide provides an accessible introduction to the simulation and optimization techniques most widely used in finance, while offering fundamental background information on the financial concepts surrounding these techniques.

In addition, the authors use simulation and optimization as a means to clarify difficult concepts in traditional risk models in finance, and explain how to build financial models with certain software. They review current simulation and optimization methodologies—along with the available software—and proceed with portfolio risk management, modeling of random processes, pricing of financial derivatives, and capital budgeting applications.

Designed for practitioners and students, this book:

  • Contains a unique combination of finance theory and rigorous mathematical modeling emphasizing a hands-on approach through implementation with software

  • Highlights both classical applications and more recent developments such as pricing of mortgage-backed securities

  • Includes models and code in both spreadsheet-based software (@RISK, Solver, and VBA) and mathematical modeling software (MATLAB)

  • Incorporates a companion Web site containing ancillary materials, including the models and code used in the book, appendices with introductions to the software, and practice sections

  • And much more

Filled with in-depth insights and practical advice, Simulation and Optimization in Finance offers essential guidance on some of the most important topics in financial management.

From the Back Cover:

Engaging and accessible, this book and its companion Web site provide an introduction to the simulation and optimization techniques most widely used in finance, while, at the same time, offering essential information on the financial concepts surrounding these applications.

This practical guide is divided into five informative parts:

  • Part I, Fundamental Concepts, provides insights on the most important issues in finance, simulation, optimization, and optimization under uncertainty

  • Part II, Portfolio Optimization and Risk Measures, reviews the theory and practice of equity and fixed income portfolio management, from classical frameworks to recent advances in the theory of risk measurement

  • Part III, Asset Pricing Models, discusses classical static and dynamic models for asset pricing, such as factor models and different types of random walks

  • Part IV, Derivative Pricing and Use, introduces important types of financial derivatives, shows how their value can be determined by simulation, and discusses how derivatives can be employed for portfolio risk management and return enhancement purposes

  • Part V, Capital Budgeting Decisions, reviews capital budgeting decision models, including real options, and discusses applications of simulation and optimization in capital budgeting under uncertainty

Supplemented with models and code in both spreadsheet-based software (@RISK, Solver, and VBA) and mathematical modeling software (MATLAB), Simulation and Optimization in Finance is a well-rounded guide to a dynamic discipline.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

I migliori risultati di ricerca su AbeBooks

1.

Pachamanova, Dessislava A., Fabozzi, Fra
Editore: Wiley (2010)
ISBN 10: 0470371897 ISBN 13: 9780470371893
Nuovi Rilegato Quantità: 2
Da
Murray Media
(North Miami Beach, FL, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Wiley, 2010. Hardcover. Condizione libro: New. Codice libro della libreria P110470371897

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 100,81
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 2,59
In U.S.A.
Destinazione, tempi e costi

2.

Dessislava A. Pachamanova; Frank J. Fabozzi
Editore: Wiley (2010)
ISBN 10: 0470371897 ISBN 13: 9780470371893
Nuovi Rilegato Quantità: 1
Da
Irish Booksellers
(Rumford, ME, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Wiley, 2010. Hardcover. Condizione libro: New. book. Codice libro della libreria 0470371897

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 103,64
Convertire valuta

Aggiungere al carrello

Spese di spedizione: GRATIS
In U.S.A.
Destinazione, tempi e costi

3.

Pachamanova, Dessislava, Fabozzi, Frank J.
Editore: Wiley (2010)
ISBN 10: 0470371897 ISBN 13: 9780470371893
Nuovi Quantità: 1
Da
Nearfine Books
(Brooklyn, NY, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Wiley, 2010. Condizione libro: new. Shiny and new! Expect delivery in 2-3 weeks. Codice libro della libreria 9780470371893-1

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 102,74
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 3,47
In U.S.A.
Destinazione, tempi e costi

4.

Pachamanova, Dessislava/ Fabozzi, Frank J.
Editore: John Wiley & Sons Inc (2010)
ISBN 10: 0470371897 ISBN 13: 9780470371893
Nuovi Rilegato Quantità: 1
Da
Revaluation Books
(Exeter, Regno Unito)
Valutazione libreria
[?]

Descrizione libro John Wiley & Sons Inc, 2010. Hardcover. Condizione libro: Brand New. har/dol edition. 784 pages. 9.25x6.50x1.75 inches. In Stock. Codice libro della libreria zk0470371897

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 218,49
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 6,78
Da: Regno Unito a: U.S.A.
Destinazione, tempi e costi