The Econometrics of Individual Risk (Paperback)

Idioma: inglés

Editorial: Princeton University Press, New Jersey, 2015

0691168210 / 9780691168210

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Librería: CitiRetail, Stevenage, Reino UnidoCitiRetail

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Paperback. The individual risks faced by banks, insurers, and marketers are less well understood than aggregate risks such as market-price changes. But the risks incurred or carried by individual people, companies, insurance policies, or credit agreements can be just as devastating as macroevents such as share-price fluctuations. A comprehensive introduction, The Econometrics of Individual Risk is the first book to provide a complete econometric methodology for quantifying and managing this underappreciated but important variety of risk. The book presents a course in the econometric theory of individual risk illustrated by empirical examples. And, unlike other texts, it is focused entirely on solving the actual individual risk problems businesses confront today. Christian Gourieroux and Joann Jasiak emphasize the microeconometric aspect of risk analysis by extensively discussing practical problems such as retail credit scoring, credit card transaction dynamics, and profit maximization in promotional mailing. They address regulatory issues in sections on computing the minimum capital reserve for coverage of potential losses, and on the credit-risk measure CreditVar.The book will interest graduate students in economics, business, finance, and actuarial studies, as well as actuaries and financial analysts. The individual risks faced by banks, insurers, and marketers are less well understood than aggregate risks such as market-price changes. But the risks incurred or carried by individual people, companies, insurance policies, or credit agreements can be just as devastating as macroevents such as share-price fluctuations. A comprehensive introduction, This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

N° de ref. del artículo 9780691168210

Título
The Econometrics of Individual Risk (Paperback)
Autor
Christian Gourieroux
Editorial
Princeton University Press, New Jersey
Año de publicación
2015
Estado
new
Encuadernación
Paperback
Idioma
inglés
ISBN 10
0691168210
ISBN 13
9780691168210

CitiRetail

Stevenage, Reino Unido

Vendedor de 5 estrellas

Vendedor de IberLibro desde 29 de junio de 2022

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Primer artículoEUR 44,19EUR 44,19
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