000			02172nam a22003735i 4500
001			u377083
003			SIRSI
005			20160812084445.0
007			cr nn 008mamaa
008			110801s2011 gw | s |||| 0|eng d
020			_a9783834883285 _9978-3-8348-8328-5
040			_cMX-MeUAM
050		4	_aQC1-75
082	0	4	_a530 _223
100	1		_aMünnix, Michael C. _eauthor.
245	1	0	_aStudies of Credit and Equity Markets with Concepts of Theoretical Physics _h[recurso electrónico] / _cby Michael C. Münnix.
264		1	_aWiesbaden : _bVieweg+Teubner, _c2011.
300			_aXVII, 173 p. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
520			_aFinancial markets are becoming increasingly complex. The financial crisis of 2008 to 2009 has demonstrated that an improved understanding of the mechanisms embedded in the market is a key requirement for the estimation of financial risk. Recently, concepts of theoretical physics, in particular concepts of complex systems, have proven to be very useful in this regard. Michael C. Münnix analyses the statistical dependencies in financial markets and develops mathematical models using concepts and methods from physics. The author focuses on aspects that played a key role in the emergence of the recent financial crisis: estimation of credit risk, dynamics of statistical dependencies, and correlations on small time-scales. He visualizes the findings for various large-scale empirical studies of market data. The results give novel insights into the mechanisms of financial markets and allow conclusions on how to reduce financial risk significantly.
650		0	_aPhysics.
650	1	4	_aPhysics.
650	2	4	_aPhysics, general.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783834817716
856	4	0	_zLibro electrónico _uhttp://148.231.10.114:2048/login?url=http://link.springer.com/book/10.1007/978-3-8348-8328-5
596			_a19
942			_cLIBRO_ELEC
999			_c204963 _d204963