Introduction to Credit Risk Modeling by Christian Bluhm, Ludg... - 9781584889922

Name: Introduction to Credit Risk Modeling by Christian Bluhm, Ludg... - 9781584889922
Brand: Taylor & Francis Inc

Taylor & Francis Inc

Introduction to Credit Risk ModelingAuthor(s): Christian Bluhm, Ludger Overbeck, Christoph Wagner\nFormat: Hardback\nPublisher: Taylor & Francis Inc, United States\nImprint: Chapman & Hall/CRC\nISBN-13: 9781584889922, 978-1584889922\nSynopsis\nContains Nearly 100 Pages of New Material\n\nThe recent financial crisis has shown that credit risk in particular and finance in general remain important fields for the application of mathematical concepts to real-life situations. While continuing to focus on common mathematical approaches to model credit portfolios, Introduction to Credit Risk Modeling, Second Edition presents updates on model developments that have occurred since the publication of the best-selling first edition.\n\nNew to the Second Edition\n\nAn expanded section on techniques for the generation of loss distributions\nIntroductory sections on new topics, such as spectral risk measures, an axiomatic approach to capital allocation, and nonhomogeneous Markov chains\nUpd.