{"product_id":"extreme-events-in-finance","title":"Extreme Events in Finance","description":"\u003cp\u003e\u003cb\u003eA guide to the growing importance of extreme value risk theory, methods, and applications in the financial sector\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePresenting a uniquely accessible guide, \u003ci\u003eExtreme Events in Finance: A Handbook of Extreme Value Theory and Its Applications \u003c\/i\u003efeatures a combination of the theory, methods, and applications of extreme value theory (EVT) in finance and a practical understanding of market behavior including both ordinary and extraordinary conditions.\u003c\/p\u003e \u003cp\u003eBeginning with a fascinating history of EVTs and financial modeling, the handbook introduces the historical implications that resulted in the applications and then clearly examines the fundamental results of EVT in finance. After dealing with these theoretical results, the handbook focuses on the EVT methods critical for data analysis. Finally, the handbook features the practical applications and techniques and how these can be implemented in financial markets. \u003ci\u003eExtreme Events in Finance: A Handbook of Extreme Value Theory and Its Applications \u003c\/i\u003eincludes:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eOver 40 contributions from international experts in the areas of finance, statistics, economics, business, insurance, and risk management\u003c\/li\u003e\n\u003cli\u003eTopical discussions on univariate and multivariate case extremes as well as regulation in financial markets\u003c\/li\u003e\n\u003cli\u003eExtensive references in order to provide readers with resources for further study\u003c\/li\u003e\n\u003cli\u003eDiscussions on using R packages to compute the value of risk and related quantities\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eThe book is a valuable reference for practitioners in financial markets such as financial institutions, investment funds, and corporate treasuries, financial engineers, quantitative analysts, regulators, risk managers, large-scale consultancy groups, and insurers. \u003ci\u003eExtreme Events in Finance: A Handbook of Extreme Value Theory and Its Applications \u003c\/i\u003eis also a useful textbook for postgraduate courses on the methodology of EVTs in finance.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54263198450008,"sku":"9781118650196","price":140.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9781118650196_6d158d00-ff28-422d-8271-a54e16884d8a.jpg?v=1780028152","url":"https:\/\/agendabookshop.com\/products\/extreme-events-in-finance","provider":"Agenda Bookshop","version":"1.0","type":"link"}