Wow! eBook
Studies of Credit and Equity Markets with Concepts of Theoretical Physics 2011th Edition
Author(s): Michael Münnix (Author)
- Publisher: Vieweg+Teubner Verlag
- Publication Date: 29 July 2011
- Edition: 2011th
- Language: English
- Print length: 190 pages
- ISBN-10: 9783834817716
- ISBN-13: 9783834817716
Book Description
Michael C. Münnix analyses the statistical dependencies in financial markets and develops mathematical models using concepts and methods from physics. The author focuses on aspects that played a key role in the emergence of the recent financial crisis: estimation of credit risk, dynamics of statistical dependencies, and correlations on small time-scales. He visualizes the findings for various large-scale empirical studies of market data. The results give novel insights into the mechanisms of financial markets and allow conclusions on how to reduce financial risk significantly.
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From the Back Cover
Michael C. Münnix analyses the statistical dependencies in financial markets and develops mathematical models using concepts and methods from physics. The author focuses on aspects that played a key role in the emergence of the recent financial crisis: estimation of credit risk, dynamics of statistical dependencies, and correlations on small time-scales. He visualizes the findings for various large-scale empirical studies of market data. The results give novel insights into the mechanisms of financial markets and allow conclusions on how to reduce financial risk significantly.
