Rethinking valuation and pricing models: lessons learned from the crisis and future challenges

It is widely acknowledged that many financial modelling techniques failed during the financial crisis, and in our post-crisis environment many techniques are being reconsidered. This single volume provides a guide to lessons learned for practitioners and a reference for academics. Including reviews of traditional approaches, real examples, and case studies, contributors consider portfolio theory; methods for valuing equities and equity derivatives, interest rate derivatives, and hybrid products; and techniques for calculating risks and implementing investment strategies. Describing new approaches without losing sight of their classical antecedents, this collection of original articles presents a timely perspective on our post-crisis paradigm. Highlights pre-crisis bestclassical practices, identifies post-crisis key issues, and examines emergingapproaches to solving those issues *Singles out key factors one must considerwhen valuing or calculating risks in the post-crisis environment *Presents material in a homogenous, practical, clear, and not overly technical manner

• ISBN: 978-0-12-415875-7
• Editorial: Academic Press
• Encuadernacion: Cartoné
• Páginas: 848
• Fecha Publicación: 12/01/2013
• Nº Volúmenes: 1
• Idioma: Inglés