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Credit Risk 4.0%OFF

Credit Risk

by Tomasz R. Bielecki and Marek Rutkowski

  • ISBN

    :  

    9783540675938

  • Publisher

    :  

    Springer

  • Subject

    :  

    Mathematics, Finance & Accounting, Economics

  • Binding

    :  

    HARDCOVER

  • Pages

    :  

    540

  • Year

    :  

    2004

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11941.0

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11463.0

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  • Description

    The motivation for the mathematical modeling studied in this text on developments in credit risk research is the bridging of the gap between mathematical theory of credit risk and the financial practice. Mathematical developments are covered thoroughly and give the structural and reduced-form approaches to credit risk modeling. Included is a detailed study of various arbitrage-free models of default term structures with several rating grades.

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