Financial engineering has become the focus of widespread media attention as a result of the worldwide financial crisis of recent years. This book is the second

Quantitative models are omnipresent –but often controversially discussed– in todays risk management practice. New regulations, innovative financial products

This book contains original research papers by leading experts in the fields of probability theory, stochastic analysis, potential theory and mathematical physi

An accessible introduction for applied mathematicians to concepts and techniques for describing, quantifying, and understanding dynamics under uncertainty.

Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible textbook treatment of the way decisions are made both when we have the statisti