Optimal Control of Credit Risk presents an alternative methodology to deal with a financial problem that has not been well analyzed yet: the control of credit risk. Credit risk has become recently the center of interest of the financial community, with new instruments (such as Credit Risk Derivatives) and new methodologies (such as Credit Metrics) being developed. The recent literature has focused on the pricing of credit risk. On the other hand, practitioners tend to eliminate credit risk rather than price it. They do so ...

Optimal Control of Credit Risk 2012, Springer, Boston, MA

ISBN-13: 9781461355311

Softcover Reprint of the Origi edition

Trade paperback

Optimal Control of Credit Risk 2001, Springer, Boston, MA

ISBN-13: 9780792379386

2001 edition