Bayesian Methods in Finance provides a detailed overview of the theory of Bayesian methods and explains their real-world applications to financial modeling. While the principles and concepts explained throughout the book can be used in financial modeling and decision making in general, the authors focus on portfolio management and market risk management–since these are the areas in finance where Bayesian methods have had the greatest penetration to date.
Tabella dei contenuti
Preface xv
About the Authors xvii
CHAPTER 1 Introduction 1
CHAPTER 2 The Bayesian Paradigm 6
CHAPTER 3 Prior and Posterior Information, Predictive Inferenc...
Circa l’autore
Svetlozar T. Rachev, Ph D, Doctor of Science, is Chair-Professor
at the University of Karlsruhe in the School of Economics and
Business Engineering; Professor Emeri...