a practical guide for quants, traders and validators Morini, Massimo. creator ebrary, Inc text bibliography Electronic books. nju Hoboken Wiley 2011 1st ed. monographic eng

electronic

electronic resource

xx, 428 p. : ill. "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"-- pt. 1. Theory and practice of model risk management -- pt. 2. Snakes in the grass : where model risk hides. Massimo Morini. Includes bibliographical references and index. 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 HD61 .M67 2011eb 332.64/5 http://site.ebrary.com/lib/rucke/Doc?id=10500923 http://site.ebrary.com/lib/rucke/Doc?id=10500923 CaPaEBR 110803 ebr10500923