
While mainstream financial theories and applications assume that asset returns are normally distributed, overwhelming empirical evidence shows otherwise. Yet many professionals don't appreciate the highly statistical models that take this empirical evidence into consideration. Fat-Tailed and Skewed Asset Return Distributions examines this dilemma and offers readers a less technical look at how portfolio selection, risk management, and option pricing modeling should and can be undertaken when th ...
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Fat-Tailed and Skewed Asset Return Distributions
Implications for Risk Management, Portfolio Selection, and Option Pricing, Unterstützte Lesegerätegruppen: PC/MAC/eReader/Tablet
Rachev, Svetlozar T., Menn, Christian, Fabozzi, Frank J.
E-Book, 369 S.
Sprache: Englisch
ISBN-13: 978-0-471-75890-7
Titelnr.: 27867843
Gewicht: 0 g
Wiley (2005)