Skip to content

Booksellers & Trade Customers: Sign up for online bulk buying at trade.atlanticbooks.com for wholesale discounts

Booksellers: Create Account on our B2B Portal for wholesale discounts

Risk Finance and Asset Pricing: Value, Measurements, and Markets

by Charles S. Tapiero
Save 28% Save 28%
Current price ₹6,665.00
Original price ₹9,310.00
Original price ₹9,310.00
Original price ₹9,310.00
(-28%)
₹6,665.00
Current price ₹6,665.00

Imported Edition - Ships in 18-21 Days

Free Shipping in India on orders above Rs. 500

Request Bulk Quantity Quote
+91
Book cover type: Hardcover
  • ISBN13: 9780470549469
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Publication Date:
  • Pages: 456
  • Original Price: USD 95.0
  • Language: English
  • Edition: N/A
  • Item Weight: 998 grams
  • BISAC Subject(s): Finance / General

From the Back Cover

Over the past two decades, financial firms, companies, and governments have shifted greater attention to financial manipulations in which they capitalized on leverage and short-term returns. These actually resulted in an explosive and global growth in financial activity. A financial Pandora's box had been opened, and countries and blue chip corporations believing in perpetual growth and once thought too big to fail, found themselves strangled with a debt they were not able to bear.

The recent market melt-down and credit liquidity crisis created full realization that complex financial products--when misunderstood and misused--can have devastating effects. Risk Finance and Asset Pricing: Value, Measurements, and Markets is a comprehensive introduction to financial engineering that presents the foundations of asset pricing and risk management, while stressing real-world applications.

Written for both beginning and practicing financial engineers, author Charles Tapiero--the Topfer Distinguished Professor of Financial Engineering and Technology Management at the NYU Polytechnic Institute--provides:

  • A non-quantitative introduction to the business of finance, risk, and their many applications
  • An overview of the statistical approaches for measuring risk
  • An introduction to the concept of utility and financial risk management
  • An outline of the Arrow-Debreu framework in discrete states and time for assets and derivatives (options) pricing
  • An outline of credit risk, scoring, and complex structured financial products such as credit derivatives, their models, their demystification, pricing, and finally, a cursory view of technical approaches to implied pricing

Each chapter includes a summary of the techniques described, and concludes with a series of problems so readers can test what they've learned.

Financial engineering, despite its challenges and opportunities, when misunderstood, has the potential to wreak havoc on world economies and individual portfolios. Risk Finance and Asset Pricing presents a new direction in financial engineering education that combines reality and theory so that risk finance might again work as intended.

CHARLES S. TAPIERO is the Topfer Distinguished Professor of Financial Engineering and Technology Management at the New York University Polytechnic Institute. He is also Chair and founder of the Department of Finance and Risk Engineering, as well as cofounder and co-Editor in Chief of Risk and Decision Analysis. An active researcher and consultant, Professor Tapiero has published over 350 papers and thirteen books on a broad range of issues spanning risk analysis, actuarial and financial risk engineering, and management, including Risk and Financial Management: Mathematical and Computational Methods, also by Wiley.

Trusted for over 49 years

Family Owned Company

Secure Payment

All Major Credit Cards/Debit Cards/UPI & More Accepted

New & Authentic Products

India's Largest Distributor

Need Support?

Whatsapp Us