Art of Quantitative Finance Vol. 3

Prof. Gerhard Larcher is full Professor for Financial Mathematics and Head of the Institute for Financial Mathematics and Applied Number Theory at the Johannes Kepler University Linz in Austria. He is the spokesperson of the project 'Quasi-Monte Carlo Methods: Theory and Applications', a special research program funded by the Austrian government.

“All problems are from real life and are presented in a straightforward manner: the motivation for the problem, then precise mathematical statement, and the solution. The way in which the problems are solved can serve as an example for the reader own analyses.” (Paweł Klibe, zbMATH 1522.91002, 2023)

• Risk measurement and credit risk management.- Optimal investment problems.- Case studies.