Beyond Value at Risk

Today, quantifying risk management is not only a management tool but is also used by regulators for banks and finance houses. Beyond Value at Risk provides a comprehensive guide to recent developments and existing approaches to VaR and risk management. It goes beyond traditional approaches to the subject and offers a new, far-reaching perspective on investment, hedging, and portfolio decision-making. It offers financial professionals, academics, and students comprehensive coverage of VaR both in theory and practice.