|Title:||Beyond value at risk : the new science of risk management|
|Publisher:||Hoboken, N.J. : John Wiley & Sons, 1998|
|Series:||Wiley series in Frontiers in Finance|
|ISBN / ISSN / EAN :||978-0-471-97622-6|
|Bibliography note:||Includes bibliographical references and index|
|Subjects:||Financial futures ; Risk management|
Risk management and measurement are now, without doubt, the hottest topics in the finance world. Today, quantifying risk management is not only a management tool -but is also used by regulators for banks and finance houses.
"Beyond value at risk" provides a comprehensive guide to recent developments and existing approaches to VaR and risk management, going beyond traditional approaches to the subject and offering a new, far-reaching perspective on investment, hedging and portfolio decision-making. The key to this distinctive approach is a new decision rule -the "Generalised Sharpe Rule", and its practical applications.
It offers financial professionals, academics and students comprehensive coverage of VaR both in theory and practice.