<Embed>
£51.77
  • RRP: £73.00
  • You Save: £21.23 (29%)
FREE Delivery in the UK.
Only 1 left in stock (more on the way).
Dispatched from and sold by Amazon. Gift-wrap available.
The Value of Uncertainty:... has been added to your Basket
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

The Value of Uncertainty: Dealing with Risk in the Equity Derivatives Market Hardcover – 16 Jan 2013

5.0 out of 5 stars 5 customer reviews

See all 4 formats and editions Hide other formats and editions
Amazon Price
New from Used from
Kindle Edition
Hardcover
£51.77
£51.77 £49.52
Promotion Message Save £5.00 on orders £25.00 or more 1 promotion

Note: This item is eligible for click and collect. Details
Pick up your parcel at a time and place that suits you.
  • Choose from over 13,000 locations across the UK
  • Prime members get unlimited deliveries at no additional cost
How to order to an Amazon Pickup Location?
  1. Find your preferred location and add it to your address book
  2. Dispatch to this address when you check out
Learn more

Great Discounts
Shop the Books Outlet. Discover some great deals on top titles. Shop now
click to open popover

Special offers and product promotions

  • Get £5 off qualifying orders of £25 or more. Today only. Ts&Cs apply. Enter code BIGTHANKS at checkout. Here's how (terms and conditions apply)
  • Buy this product and stream 90 days of Amazon Music Unlimited for free. E-mail after purchase. Conditions apply. Learn more

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
    Apple
  • Android
    Android
  • Windows Phone
    Windows Phone

To get the free app, enter your mobile phone number.

kcpAppSendButton


Product details

  • Hardcover: 440 pages
  • Publisher: Imperial College Press (16 Jan. 2013)
  • Language: English
  • ISBN-10: 1848167725
  • ISBN-13: 978-1848167728
  • Product Dimensions: 15.5 x 2.8 x 22.9 cm
  • Average Customer Review: 5.0 out of 5 stars 5 customer reviews
  • Amazon Bestsellers Rank: 2,309,917 in Books (See Top 100 in Books)
  • Would you like to tell us about a lower price?
    If you are a seller for this product, would you like to suggest updates through seller support?

  • See Complete Table of Contents

Product description

Review

"In his timely book, George Kaye, a Cambridge-trained physicist with over a dozen years of experience as a quantitative analyst at leading investment banks in the City of London, covers a wide variety of topics in the context of equity option pricing and risk management. He presents a broad and thorough survey of the relevant mathematical methods, and shows how they can be used in practice. Both students of the subject and seasoned market practitioners will greatly benefit from reading this book. I recommend it to the readers without reservations."-- Alexander Lipton, Bank of America Merrill Lynch and Imperial College London

"Model valuation used to inhabit the boring corner of derivatives pricing. After the valuation debacles of the last few years, it has moved firmly to centre stage, and now captures the attention of regulators, practitioners and CEOs as it never did before. And so it should, as it goes to the very heart of the question: What is the value of a derivative product? With this book, George Kaye makes a timely and well-informed contribution to the debate. One of the strengths of the book is to be found in the author's ability to deal with the nittygritty details of modelling while keeping the big picture constantly in sharp focus. This volume provides a useful contribution to the debate, and a treasure trove of insights on derivatives pricing and hedging." --Riccardo Rebonato, Global Head of Interest Rates and FX Analytics, PIMCO and, Visiting Lecturer, Mathematical Finance, Oxford University

From the Inside Flap

The Value of Uncertainty begins by tracing the growth in the equity derivative markets prior to the events of September 2008, and demonstrates how exotic derivatives formed a significant component of that growth. It goes on to show that, with this growth, the mere decision of whether to use one model versus another became a significant contributor to valuation uncertainty. The book then focuses on equity derivative models, charting, step by step, how key assumptions on the dynamics of stocks impact on the value of exotics. The presentation is technical, but always maintains a strong focus on intuition and practical applicability to the current market.

See all Product description

5 customer reviews

5.0 out of 5 stars

Review this product

Share your thoughts with other customers

15 July 2013
Format: HardcoverVerified Purchase
One person found this helpful
Comment Report abuse
23 June 2013
Format: HardcoverVerified Purchase
One person found this helpful
Comment Report abuse
12 October 2013
Format: HardcoverVerified Purchase
One person found this helpful
Comment Report abuse
19 April 2013
Format: Hardcover
One person found this helpful
Comment Report abuse
14 April 2013
Format: Hardcover
One person found this helpful
Comment Report abuse