Along with the extraordinary growth in the derivatives market over the last decade, the impact of model choice, and model parameter usage, has become a major so

The third edition updates the text in two significant ways. First, it updates the presentation to reflect changes that have occurred in financial markets since

Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at market openi

Managing Uncertainty, Mitigating Risk proposes that financial risk management broaden its approach, maintaining quantification where possible, but incorporating

The synthesizing element of this dissertation is the use of financial data to research topics relevant for the regulation of financial markets and for policy ai