Derivatives are an innovation that has redefined the financial services industry and it has assumed a very important place in the capital markets. Financial der

Each financial crisis calls for — by its novelty and the mechanisms it shares with preceding crises — appropriate means to analyze financial risks. In Extre

For several decades, the orthodox economics approach to understanding choice under risk has been to assume that each individual person maximizes some sort of pe

This new edition of the Handbook of Insurance reviews the last forty years of research developments in insurance and its related fields. A single reference sour