02112nam a2200373 a 4500 ebr10500923 CaPaEBR m o u cr cn||||||||| 110803s2011 njuad sb 001 0 eng d 2011031397 9780470977613 (hardback) 9781119960850 (e-book) CaPaEBR CaPaEBR (OCoLC)758387064 HD61 .M67 2011eb 332.64/5 23 Morini, Massimo. Understanding and managing model risk [electronic resource] : a practical guide for quants, traders and validators / Massimo Morini. 1st ed. Hoboken : Wiley, 2011. xx, 428 p. : ill. Wiley finance series Includes bibliographical references and index. pt. 1. Theory and practice of model risk management -- pt. 2. Snakes in the grass : where model risk hides. "A guide to the validation and risk management of quantitative models used for pricing and hedging. Whereas the majority of quantitative finance books focus on mathematics and risk management books focus on regulatory aspects, this book addresses the elements missed by this literature--the risks of the models themselves. This book starts from regulatory issues, but translates them into practical suggestions to reduce the likelihood of model losses, basing model risk and validation on market experience and on a wide range of real-world examples, with a high level of detail and precise operative indications"-- Provided by publisher. Electronic reproduction. Palo Alto, Calif. : ebrary, 2015. Available via World Wide Web. Access may be limited to ebrary affiliated libraries. Risk management. Risk management Mathematical models. Electronic books. local ebrary, Inc. Wiley finance series. http://site.ebrary.com/lib/rucke/Doc?id=10500923 An electronic book accessible through the World Wide Web; click to view 131727 131727