Credit Risk: Modeling, Valuation and Hedging
| Author | : Tomasz R. Bielecki |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 517 |
| Release | : 2013-03-14 |
| ISBN-13 | : 9783662048214 |
| ISBN-10 | : 3662048213 |
| Rating | : 4/5 (13 Downloads) |
Book Synopsis Credit Risk: Modeling, Valuation and Hedging by : Tomasz R. Bielecki
Download or read book Credit Risk: Modeling, Valuation and Hedging written by Tomasz R. Bielecki and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: The motivation for the mathematical modeling studied in this text on developments in credit risk research is the bridging of the gap between mathematical theory of credit risk and the financial practice. Mathematical developments are covered thoroughly and give the structural and reduced-form approaches to credit risk modeling. Included is a detailed study of various arbitrage-free models of default term structures with several rating grades.
