New Directions In Mathematical

New ideas in quantitative finance are always welcome, especially so in recent years as new techniques have steadily gained in popularity and old techniques have become more sophisticated.

This book features new contributions from many highly regarded individuals, collected together by Paul Wilmott and Henrik Rasmussen. Subjects featured include new techniques for:
* Risk Management
* Equity Modelling
* Interest Rate Modelling This book is a worthy addition to the canon of literature on quantitative finance.

This book consists of many new and stimulating ideas on the subject of quantitative finance, often challenging conventionally held views. Many interesting models are discussed on a wide variety of subjects. These include mean-variance strategies, passport options and Value at Risk (VaR).

Many experts in quantitative finance have contributed to this book including:

* Isabelle Bajeux-Besnainou

* David Bakstein

* Christer Borell

* David Epstein

* Philip Hua

* Aldo Nassigh

* Antony Penaud

* Andrea Piazzetta

* Roland Portrait

* Henriette Prast

* Ferdinando Samaria

Booknews

This volume contains papers representing recent advances in quantitative finance, especially as related to equity modeling, interest rate modeling, and risk management. Mean-variance strategies, passport options, and value-at-risk are specifically discussed. Conflicts between scientific and pragmatic approaches are highlighted throughout. Contributors include consultants, analysts, researchers, mathematicians, economists, and scholars of finance. Annotation c. Book News, Inc., Portland, OR (booknews.com)

PAUL WILMOTT is a leading protagonist in quantitative finance. He has published many landmark books including Paul Wilmott on Quantitative Finance and Paul Wilmott Introduces Quantitative Finance (both published by John Wiley & Sons Ltd). If you want to learn more about him, try his quantitative finace e-zine.

HENRIK RASMUSSEN is a quantitative analyst at Schroder Salomon Smith Barney (Citigroup) in London, developing models and pricing tools for traders of exotic fixed-income and hybrid derivatives. He holds a Ph.D from the University of Cambridge and has held post-doctorate positions at universities in Britain, France and Italy. Currently, he is a visiting research fellow at the Oxford Centre for Industrial and Applied Mathematics (OCIAM), Mathematical Institute, University of Oxford.