{"product_id":"risk-and-asset-allocation-springer-finance-9783540222132","title":"Risk and Asset Allocation (Springer Finance)","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eRisk and Asset Allocation (Springer Finance)\u003c\/strong\u003e by Meucci, Attilio. hardcover edition. ISBN: 9783540222132.\u003c\/p\u003e\n\u003cp\u003eThis encyclopedic, detailed exposition spans all the steps of one-period allocation from the foundations to the most advanced developments.\nMultivariate estimation methods are analyzed in depth, including non-parametric, maximum-likelihood under non-normal hypotheses, shrinkage, robust, and very general Bayesian techniques. Evaluation methods such as stochastic dominance, expected utility, value at risk and coherent measures are thoroughly discussed in a unified setting and applied in a variety of contexts, including prospect theory, total return and benchmark allocation.\nPortfolio optimization is presented with emphasis on estimation risk, which is tackled by means of Bayesian, resampling and robust optimization techniques.\nAll the statistical and mathematical tools, such as copulas, location-dispersion ellipsoids, matrix-variate distributions, cone programming, are introduced from the basics. Comprehension is supported by a large number of figures and examples, as well as real trading and asset management case studies.\nAt symmys.com the reader will find freely downloadable complementary materials: the Exercise Book; a set of thoroughly documented MATLAB® applications; and the Technical Appendices with all the proofs. More materials and complete reviews can also be found at symmys.com.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Springer","offers":[{"title":"Default Title","offer_id":44946240602165,"sku":"ByrdShop_3540222138","price":92.58,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9783540222132_c00f53d7-5e58-49bb-93f6-f0bd43f916bd.jpg?v=1781393239","url":"https:\/\/atxbooks.com\/products\/risk-and-asset-allocation-springer-finance-9783540222132","provider":"ATX Books","version":"1.0","type":"link"}