{"product_id":"risk-and-asset-allocation-springer-finance-9783642009648","title":"Risk and Asset Allocation (Springer Finance)","description":"\u003cp\u003eThis encyclopedic  detailed exposition spans all the steps of one-period allocation from the foundations to the most advanced developments. Multivariate 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. Portfolio optimization is presented with emphasis on estimation risk  which is tackled by means of Bayesian  resampling and robust optimization techniques. All 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. At 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","brand":"My Store","offers":[{"title":"Default Title","offer_id":45666231025717,"sku":"ByrdShop_3642009646","price":84.98,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9783642009648.jpg?v=1782424168","url":"https:\/\/atxbooks.com\/products\/risk-and-asset-allocation-springer-finance-9783642009648","provider":"ATX Books","version":"1.0","type":"link"}