商品詳細

This volume is a practitioner's guide to the theory and practice of credit risk management at instrument and portfolio levels. It analyses the techniques for the modelling, evaluation and management of credit exposures and their associated risk. Credit scoring, financial statement analysis, game theoretic, and hazard rate and options-based techniques are covered, as well as structured products and credit derivatives. The book includes advanced techniques that extend the standard mean variance framework of modern finance in the search for greater realism and pricing accuracy.