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Quantitative Financial Risk Management: Theory and Practice by Constantin Zopounidis and Emilios Galariotis
Quantitative Financial Risk Management
Theory and Practice
CONSTANTIN ZOPOUNIDIS
EMILIOS GALARIOTIS
Cover Image: © wrangler/Shutterstock.com
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Copyright © 2015 by Constantin Zopounidis and Emilios Galariotis. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
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Library of Congress Cataloging-in-Publication Data
Zopounidis, Constantin.
Quantitative financial risk management: theory and practice / Constantin Zopounidis, Emilios Galariotis.
pages cm. – (The Frank J. Fabozzi series)
Includes index.
ISBN 978-1-118-73818-4 (hardback)
1. Financial risk management. I. Galariotis, Emilios. II. Title.
HD61.Z67 2015
332–dc23
Preface
The book Quantitative Financial Risk Management: Theory and Practice provides an invaluable forum for creative and scholarly work on financial risk management, risk models, portfolio management, credit risk modeling, portfolio management, and financial markets throughout the world.
Quantitative financial risk management consists of economics, accounting, statistics, econometrics, mathematics, stochastic processes, and computer science and technology. The tools of financial management are more frequently being applied to manage, monitor, and measure risk, especially in the context of globalization, market volatility, and economic crisis.
The main objectives of this book are to advance knowledge related to risk management and portfolio optimization, as well as to generate theoretical knowledge with the aim of promoting research within various sectors wherein financial markets operate. Chapters will relate to one of these areas, will have a theoretical and/or empirical problem orientation, and will demonstrate innovation in theoretical and empirical analyses, methodologies, and applications.
We would like to thank the assistant editors Georgios Manthoulis and Stavroula Sarri for their invaluable help. We extend appreciation to the authors and referees of these chapters, and to the editors at John Wiley & Sons, Inc., for their assistance in producing this book.
About the Editors
Constantin Zopounidis is professor of Financial Engineering and Operations Research at Technical University of Crete in Greece, distinguished research professor
