Quantitative Risk Management - (Princeton Finance) by Alexander J McNeil & Rüdiger Frey & Paul Embrechts (Hardcover)

Quantitative Risk Management is a comprehensive guide to understanding and managing financial risk, providing readers with practical tools to solve real-world problems.

This book covers market, credit, and operational risk modelling, as well as loss distributions, risk measures, and risk aggregation and allocation principles.

With its focus on extreme outcomes and dependence of key risk drivers, this book is an essential resource for financial regulators, risk managers, and students of quantitative finance.

The authors draw on diverse quantitative disciplines to provide a rigorous and detailed coverage of risk management topics, making it a valuable reference for anyone looking to improve their understanding of financial risk.