Quantitative models are omnipresent - but often controversially discussed - in todays risk management practice. New regulations, innovative financial products, and advances in valuation techniques provide a continuous flow of challenging problems for financial engineers and risk managers alike. Designing a sound stochastic model requires findin...
This book visualizes mortality dynamics in the Lexis diagram. While the standard approach of plotting death rates is also covered, the focus in this book is on the depiction of rates of mortality improvement over age and time. This rather novel approach offers a more intuitive understanding of the underlying dynamics, enabling readers to better und...
This book presents 20 peer-reviewed chapters on current aspects of derivatives markets and derivative pricing. The contributions, written by leading researchers in the field as well as experienced authors from the financial industry, present the state of the art in:
- Modeling counterparty credit risk: credit valuation adjustment, debit valuation a...
The Jingshan Report is a collection of research papers on key issues for China's financial opening, including reform of the RMB exchange rate regime, management of cross-border capital flows and financial support for the Belt and Road Initiative. Authored by leading experts in the relevant fields, the report examines the evolution, current sta...
This free book summarizes the latest scientific findings regarding the biological effects of the Fukushima Daiichi Nuclear Power Plant (FNPP) accident in 2011.
Various cases of changes in animals and organisms have been reported since the FNPP accident. However, it is often unknown whether they are actually due to radiation, since the dose or dos...
Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine provides complete, concise coverage of introductory macroeconomics theory and policy.
The textbook observes short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and...
This open book is a dynamic guide incorporating the essential skills needed to build a foundation in Financial Analysis. Students and readers will learn how to insightfully read a Financial Statement, utilize key financial ratios in order to derive forward-looking investment-related inferences from the accounting data, engage in elementary forecast...
This is a chapter from The Criminal Act: The Role and Influence of Routine Activity Theory edited by Martin A. Andresen and Graham Farrell. Target suitability is a cornerstone of Marcus Felson's routine activities approach, and critical in determining crime rates. Recent research identifies reduced target suitability, via improved security, as...
As America's most populous state goes, so goes the nation. And within that state, the 38 counties comprising South Texas - a highly populated, largely Hispanic area characterized by high uninsured rates and low numbers of health care providers - are emblematic of nationwide crises in public health.
The South Texas Health Status Review: A Heal...
This book focuses on the achievements, current trends and further potential of microfinance to scale-up and serve many more clients with financial services that enable them to improve their living conditions. The book asks what it takes to achieve sustainable impact: to know your clients and to understand their needs, to treat them in a fair and tr...
This open access edited book captures the complexities and conflicts arising at the interface of intellectual property rights (IPR) and competition law. To do so, it discusses four specific themes: (a) policies governing functioning of standard setting organizations (SSOs), transparency and incentivising future innovation; (b) issue of royalties fo...
Good education changes lives. It is therefore unsurprising that improved schooling plays a central part in most development strategies. At the same time, the expansion of school attainment alone is not sufficient to guarantee improved welfare. This book focuses on one country in West Africa, Togo, to explore what a country that has successfully inc...
This book is the first comprehensive guideline for the beryllium-7 (Be-7) technique that can be applied to evaluate short-term patterns and budgets of soil redistribution in agricultural landscapes. While covering the fundamental and basic concepts of the approach, this book distinguishes itself from other publications by offering step-by-step inst...
This book focuses on the concepts, tools and techniques needed to successfully model ever-changing time-series data. It emphasizes the need for general models to account for the complexities of the modern world and how these can be applied to a range of issues facing Earth, from modelling volcanic eruptions, carbon dioxide emissions and global temp...
This book shows how to use sensitivity analysis in demography. It presents new methods for individuals, cohorts, and populations, with applications to humans, other animals, and plants. The analyses are based on matrix formulations of age-classified, stage-classified, and multistate population models. Methods are presented for linear and nonlinear,...
With technology standards becoming increasingly common, particularly in the information and communications technology (ICT) sector, the complexities and contradictions at the interface of intellectual property law and competition law have emerged strongly. This book talks about how the regulatory agencies and courts in the United States, European U...
This open book focuses on investigating predicting precursor information and key points of rockburst in mining engineering through laboratory experiment, theoretical analysis, numerical simulation and case studies. Understanding the evolution patterns for the microstructure instability of rock is a prerequisite for rockburst prediction. The book pr...
Modeling and simulation are powerful tools for explaining the world, making predictions, designing things that work, and making them work better. Learning to use these tools can be difficult; this book is my attempt to make the experience as enjoyable and productive as possible.
By reading this book - and working on the exercises - you will lear...
Principles of Macroeconomics is an adaptation of the textbook, Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine, and presents a complete and concise examination of introductory macroeconomics theory and policy suitable for a first introductory course.
Examples are domestic and international in their subject matter and are o...
AI is transforming numerous industries. Machine Learning Yearning, a free ebook from Andrew Ng, teaches you how to structure Machine Learning projects.
This book is focused not on teaching you ML algorithms, but on how to make ML algorithms work. After reading Machine Learning Yearning, you will be able to:
- Prioritize the most promising direc...
The Doing Business 2020 study shows that developing economies are catching up with developed economies in ease of doing business.
Still, the gap remains wide. An entrepreneur in a low-income economy typically spends around 50 percent of the country's per-capita income to launch a company, compared with just 4.2 percent for an entrepreneur i...
Daily activity sees data constantly flowing through cameras, the internet, satellites, radio frequencies, sensors, private appliances, cars, smartphones, tablets and the like. Among all the tools currently used, mobile devices, especially mobile phones, smartphones and tablets, are the most widespread, with their use becoming prevalent in everyday ...
This book is a a discussion of the calculation of specific formulas in finance. The field of finance has seen a rapid development in recent years, with increasing mathematical sophistication. While the formalization of the field can be traced back to the work of Markowitz (1952) on investors mean-variance decisions and Modigliani and Miller (1958) ...
The ASP.NET Core SignalR library is open source and allows developers to simplify adding real-time web functionality to applications. This means that the server-side code can instantly push content to connected clients. In Real-Time ASP.NET Core 3 Apps with SignalR Succinctly, Dirk Strauss will show you how to use it to create a chat application wi...
The increasing capacity of digital networks and computing power, together with the resulting connectivity and availability of "big data", are impacting financial systems worldwide with rapidly advancing deep-learning algorithms and distributed ledger technologies. They transform the structure and performance of financial markets, the serv...
Statistical studies over the last forty-five years show that, although there are success stories, very many mergers and acquisitions do not result in the increased operating profits that economics textbooks would lead one to expect. As consultancy McKinsey have put it, 'Anyone who has researched merger success rates knows that roughly 70% fail...
This book is for those whose financial management focus is on small businesses. For you, we adapt the traditional financial management themes emphasized in corporate financial management courses to meet the needs of small businesses.
Many financial managers of small businesses come from farms or agribusinesses. Others are interested in working f...
Principles of Finance is targeted at the core finance course for undergraduate business majors. The book is designed for conceptual accessibility to students who are relatively early in their business curriculum, yet it is also suitable for more advanced students. Due to the wide range of audiences and course approaches, the book is designed to be ...
This book overviews environmental issues 4 years after the Fukushima nuclear accident, covering a wide range of areas related to radiation and radioactivity. The topics discussed are necessary to make clear the relationship between the results of research and Fukushima's revitalized future. The chapters are divided into four parts: Part 1 pres...
White Paper on Joint ReplacementThis White Paper details the status of hip and knee arthroplasty care in Germany. Hip and knee replacements are amongst the most frequently performed procedures and usually become necessarily due to age-related wear of the joint, osteoarthritis and fractures of the femoral neck. In light of demographic change, demand...
The aim of this book is to review and analyse the goods and services of bivalve shellfish. How they are defined, what determines the ecological functions that are the basis for the goods and services, what controversies in the use of goods and services exist, and what is needed for sustainable exploitation of bivalves from the perspective of the va...
This book provides an original and challenging analysis of one of the most pressing social issues of our times: intergenerational inequality. Based on recent mixed-method research, it explores the extent and scope of generational divides through an up-to-date analysis of the changing opportunities for young people in Britain across different life d...