Sunny's relationship with Mac is in jeopardy and Monte Carlo beckons. Soon Sunny is pulled into a web of intrigue involving a series of robberies of high-end jewelry stores.
Monte Carlo Methods and Models in Finance and Insurance
Offering a unique balance between applications and calculations, Monte Carlo Methods and Models in Finance and Insurance incorporates the application background of finance and insurance with the theory and applications of Monte Carlo methods. It presents recent methods and algorithms, including the multilevel Monte Carlo method, the statistical Romberg method, and the Heath–Platen estimator, as well as recent financial and actuarial models, such as the Cheyette and dynamic mortality models.
Markov Chain Monte Carlo in Practice (Interdisciplinary Statistics)Markov Chain Monte Carlo in Practice is a thorough, clear introduction to the methodology and applications of this simple idea with enormous potential. It shows the importance of MCMC in real applications, such as archaeology, astronomy, biostatistics, genetics, epidemiology, and image analysis, and provides an excellent base for MCMC to be applied to other fields as well. The examples range from the simplest application, Gibbs sampling, to more complex applications.
This revised and updated edition of A Guide to Modern Econometrics continues to explore a wide range of topics in modern econometrics by focusing on what is important for doing and understanding empirical work. It serves as a guide to alternative techniques with the emphasis on the intuition behind the approaches and their practical relevance.
New material includes Monte Carlo studies, weak instruments, nonstationary panels, count data, duration models and the estimation of treatment effects.
Added by: inspiration | Karma: 31.27 | Other | 7 May 2009
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"There is no book on the market to compare with Dr Jaeckel’s. All the techniques, the tricks, the pitfalls of this important methodology are covered in detail and with great insight. This is no book on abstract theory, Dr Jaeckel is a practitioner who has implemented every single one of these ideas. He has done all the hard work, so you don’t have to.” Paul Wilmott
“Few expert practitioners also have the academic expertise to match Peter Jaeckel’s in this area, let alone take the trouble to write a most accessible, comprehensive and yet self contained text. This book is a delight to read and contains a wealth of information that is essential for anyone involved with implementing Monte Carlo methods in finance.” Professor Carol Alexander,ISMA Centre, University of Reading, UK
”This book is a very welcome addition to the growing literature on applied quantitative methods in finance. Dr Jaeckel has done the field a service in combining both a thorough review of ’standard’ material with techniques that were learned on the job as a quant at top financial institutions. Michael Curran, Quantin’ Leap
