{"product_id":"9783319334455","title":"Springer Proceedings in Mathematics \u0026 Statistics: Fixed Income Modeling, Valuation Adjustments, Risk Management, and Regulation","description":"\u003ch1\u003eSpringer Proceedings in Mathematics \u0026amp; Statistics: Fixed Income Modeling, Valuation Adjustments, Risk Management, and Regulation\u003c\/h1\u003e \u003ch2\u003eGlau, Kathrin; Grbac, Zorana; Scherer, Matthias; Zagst, Rudi\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book presents 20 peer-reviewed chapters on current aspects of derivatives markets and derivative pricing. The contributions, written by leading researchers in the field as well as experienced authors from the financial industry, present the state of the art in:\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e• Modeling counterparty credit risk: credit valuation adjustment, debit valuation adjustment, funding valuation adjustment, and wrong way risk.\u003c\/p\u003e• Pricing and hedging in fixed-income markets and multi-curve interest-rate modeling.\u003cp\u003e\u003c\/p\u003e\u003cp\u003e• Recent developments concerning contingent convertible bonds, the measuring of basis spreads, and the modeling of implied correlations.\u003c\/p\u003e\u003cp\u003eThe recent financial crisis has cast tremendous doubts on the classical view on derivative pricing. Now, counterparty credit risk and liquidity issues are integral aspects of a prudent valuation procedure and the reference interest rates are represented by a multitude of curves according to their different periods and maturities.\u003c\/p\u003e\u003cp\u003e \u003c\/p\u003e\u003cp\u003eA panel discussion included in the book (featuring Damiano Brigo, Christian Fries, John Hull, and Daniel Sommer) on the foundations of modeling and pricing in the presence of counterparty credit risk provides intriguing insights on the debate.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2016-12-06\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783319334455\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-319-33446-2\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 449\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":45605612224652,"sku":"9783319334455","price":53.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319334455.jpg?v=1775819858","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783319334455","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}