Handbook of Financial Risk Management : Simulations and Case Studies, Hardcover by Chan, N. H.; Wong, H. Y., ISBN 0470647159, ISBN-13 9780470647158, Like New Used, Free P&P in the UKAiming to provide a bridge between theory and application, the authors (professors of statistics at The Chinese U. of Hong Kong) of this instructional handbook on financial risk management discuss theoretical topics such as martingale theory, change of measure, and stochastic differential equations within the context of practical computational examples using real datasets drawn from movements of financial products in the over-the-counter derivatives market during the period of the sub-primes mortgage financial crisis. Case studies are provided to illustrate the discrepancies arising from different models for the same product. The software VBA Excel is used to work the example data, but students are not required to approach th with a previous background in the program as an introduction to VBA is presented in the first chapter (although some exposure to computer programming is considered helpful). Annotation ©2013 Book News, Inc., Portland, OR ()