000			01891nam a2200277Ia 4500
001			8196
008			151007s2014 -us 00 0 eng d
020			_a9780521177146
040			_aPUCESD _bspa _erda
082	0	4	_a332 _bC1721 2014
090			_aPlanta Baja
100	1		_aCapinski, Maciej J.
245	1	0	_aPortfolio Theory and Risk Management / _cMaciej J. Capinski, Ekkehard Kopp
250			_a1° Ed.
264		1	_aEstados Unidos de América : _bCambridge University Press , _c2014
300			_a169 páginas ; _c23 cm.
336			_atxt
337			_an
338			_anc
500			_aFactura Educativa
505	0		_aWith its emphasis on examples, exercises and calculations, this book suits advanced undergraduates as well as postgraduates and practitioners. It provides a clear treatment of the scope and limitations of mean-variance portfolio theory and introduces popular modern risk measures. Proofs are given in detail, assuming only modest mathematical background, but with attention to clarity and rigour. The discussion of VaR and its more robust generalizations, such as AVaR, brings recent developments in risk measures within range of some undergraduate courses and includes a novel discussion of reducing VaR and AVaR by means of hedging techniques. A moderate pace, careful motivation and more than 70 exercises give students confidence in handling risk assessments in modern finance. Solutions and additional materials for instructors are available - Preface 1. Risk and return 2. Portfolios consisting of two assets 3. Lagrange multipliers 4. Portfolios of multiple assets 5. The capital asset pricing model 6. Utility functions 7. Value at risk 8. Coherent measures of risk Index.
526			_aAdministración de Empresas, Contabilidad y Auditoría
590			_aNR
650	0	4	_aECONOMIA FINANCIERA
942	0	0	_00 _cBK
999			_c207451 _d207451