Statistical Models and Methods for Financial Markets (Springer Texts in Statistics)

Tze Leung Lai

Published by Springer, 2008
ISBN 10: 0387778268 / ISBN 13: 9780387778266
New / Hardcover / Quantity Available: 0
From Books Express (Kittery, ME, U.S.A.)
Available From More Booksellers
View all  copies of this book

About the Book

We're sorry; this specific copy is no longer available. AbeBooks has millions of books. We've listed similar copies below.

Description:

Ships with Tracking Number! INTERNATIONAL WORLDWIDE Shipping available. Buy with confidence, excellent customer service!. Bookseller Inventory # 0387778268n

About this title:

Synopsis: The idea of writing this bookarosein 2000when the ?rst author wasassigned to teach the required course STATS 240 (Statistical Methods in Finance) in the new M. S. program in ?nancial mathematics at Stanford, which is an interdisciplinary program that aims to provide a master’s-level education in applied mathematics, statistics, computing, ?nance, and economics. Students in the programhad di?erent backgroundsin statistics. Some had only taken a basic course in statistical inference, while others had taken a broad spectrum of M. S. - and Ph. D. -level statistics courses. On the other hand, all of them had already taken required core courses in investment theory and derivative pricing, and STATS 240 was supposed to link the theory and pricing formulas to real-world data and pricing or investment strategies. Besides students in theprogram,thecoursealso attractedmanystudentsfromother departments in the university, further increasing the heterogeneity of students, as many of them had a strong background in mathematical and statistical modeling from the mathematical, physical, and engineering sciences but no previous experience in ?nance. To address the diversity in background but common strong interest in the subject and in a potential career as a “quant” in the ?nancialindustry,thecoursematerialwascarefullychosennotonlytopresent basic statistical methods of importance to quantitative ?nance but also to summarize domain knowledge in ?nance and show how it can be combined with statistical modeling in ?nancial analysis and decision making. The course material evolved over the years, especially after the second author helped as the head TA during the years 2004 and 2005.

From the Back Cover:

This book presents statistical methods and models of importance to quantitative finance and links finance theory to market practice via statistical modeling and decision making. Part I provides basic background in statistics, which includes linear regression and extensions to generalized linear models and nonlinear regression, multivariate analysis, likelihood inference and Bayesian methods, and time series analysis. It also describes applications of these methods to portfolio theory and dynamic models of asset returns and their volatilities. Part II presents advanced topics in quantitative finance and introduces a substantive-empirical modeling approach to address the discrepancy between finance theory and market data. It describes applications to option pricing, interest rate markets, statistical trading strategies, and risk management. Nonparametric regression, advanced multivariate and time series methods in financial econometrics, and statistical models for high-frequency transactions data are also introduced in this connection.

The book has been developed as a textbook for courses on statistical modeling in quantitative finance in master's level financial mathematics (or engineering) and computational (or mathematical) finance programs. It is also designed for self-study by quantitative analysts in the financial industry who want to learn more about the background and details of the statistical methods used by the industry. It can also be used as a reference for graduate statistics and econometrics courses on regression, multivariate analysis, likelihood and Bayesian inference, nonparametrics, and time series, providing concrete examples and data from financial markets to illustrate the statistical methods.

Tze Leung Lai is Professor of Statistics and Director of Financial Mathematics at Stanford University. He received the Ph.D. degree in 1971 from Columbia University, where he remained on the faculty until moving to Stanford University in 1987. He received the Committee of Presidents of Statistical Societies Award in 1983 and is an elected member of Academia Sinica and the International Statistical Institute. His research interests include quantitative finance and risk management, sequential statistical methodology, stochastic optimization and adaptive control, probability theory and stochastic processes, econometrics, and biostatistics.

Haipeng Xing is Assistant Professor of Statistics at Columbia University. He received the Ph.D. degree in 2005 from Stanford University. His research interests include financial econometrics and engineering, time series modeling and adaptive control, fault detection, and change-point problems.

"About this title" may belong to another edition of this title.

Bibliographic Details

Title: Statistical Models and Methods for Financial...
Publisher: Springer
Publication Date: 2008
Binding: Hardcover
Book Condition: New
Edition: 2008.

Top Search Results from the AbeBooks Marketplace

1.

ISBN 10: 0387778268 ISBN 13: 9780387778266
Used Quantity Available: 1
Seller:
Seattle Goodwill
(Seattle, WA, U.S.A.)

Book Description Condition: Good. May have some shelf-wear due to normal use. Seller Inventory # 0KVBKD00BP4N

More information about this seller | Contact this seller

Buy Used
US$ 61.09
Convert currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, rates & speeds

2.

Tze Leung Lai
ISBN 10: 0387778268 ISBN 13: 9780387778266
Used Quantity Available: 2
Seller:
Bright Textbooks
(Aurora, CO, U.S.A.)

Book Description Condition: Used. Used Book. Seller Inventory # 0387778268-BTY

More information about this seller | Contact this seller

Buy Used
US$ 71.18
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

3.

Lai, Tze Leung; Xing, Haipeng
Published by Springer (2008)
ISBN 10: 0387778268 ISBN 13: 9780387778266
Used Hardcover Quantity Available: 1
Seller:
GlassFrogBooks
(Hawthorne, CA, U.S.A.)

Book Description Springer, 2008. Condition: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Seller Inventory # 0387778268-2-4

More information about this seller | Contact this seller

Buy Used
US$ 81.75
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

4.

Lai, Tze Leung
Published by Springer (2008)
ISBN 10: 0387778268 ISBN 13: 9780387778266
Used Hardcover Quantity Available: 1
Seller:
Book Deals
(Lewiston, NY, U.S.A.)

Book Description Springer, 2008. Hardcover. Condition: GOOD. Has little wear to the cover and pages. Contains some markings such as highlighting and writing. Supplemental materials are not guaranteed with any used book purchases. Seller Inventory # 0387778268_abe_gd

More information about this seller | Contact this seller

Buy Used
US$ 81.78
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

5.

Tze Leung Lai; Haipeng Xing
Published by Springer (2008)
ISBN 10: 0387778268 ISBN 13: 9780387778266
Used Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)

Book Description Springer, 2008. Hardcover. Condition: Good. Seller Inventory # SONG0387778268

More information about this seller | Contact this seller

Buy Used
US$ 81.79
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

6.

Tze Leung Lai
ISBN 10: 0387778268 ISBN 13: 9780387778266
Used Quantity Available: 2
Seller:
Pep Books
(Orlando, FL, U.S.A.)

Book Description US Edition Book In Mint condition. Shipping with Trackable Method. Seller Inventory # 0387778268-STX

More information about this seller | Contact this seller

Buy Used
US$ 82.44
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

7.

Xing, Haipeng, Lai, Tze Leung
Published by Springer (2008)
ISBN 10: 0387778268 ISBN 13: 9780387778266
Used Hardcover Quantity Available: 1
Seller:
HPB-Ohio
(Dallas, TX, U.S.A.)

Book Description Springer, 2008. Hardcover. Condition: Good. Item may show signs of shelf wear. Pages may include limited notes and highlighting. May include supplemental or companion materials if applicable. Access codes may or may not work. Connecting readers since 1972. Customer service is our top priority. Seller Inventory # mon0001613927

More information about this seller | Contact this seller

Buy Used
US$ 80.29
Convert currency

Add to Basket

Shipping: US$ 3.00
Within U.S.A.
Destination, rates & speeds

8.

Tze Leung Lai, Haipeng Xing
Published by Springer (2008)
ISBN 10: 0387778268 ISBN 13: 9780387778266
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)

Book Description Springer, 2008. Hardcover. Condition: New. 2008. Seller Inventory # DADAX0387778268

More information about this seller | Contact this seller

Buy New
US$ 86.25
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

9.

0
ISBN 10: 0387778268 ISBN 13: 9780387778266
New PAPERBACK Quantity Available: 7
Seller:
ntbookstore
(New Delhi, DELHI, India)

Book Description PAPERBACK. Condition: New. Book Cover and ISBN may be different from US edition but contents as same US Edition. Excellent Quality,Quick delivery, We may ship the books from Asian regions for inventory purpose. Our courier service is not available at PO BOX. Seller Inventory # nt_9780387778266

More information about this seller | Contact this seller

Buy New
US$ 82.45
Convert currency

Add to Basket

Shipping: FREE
From India to U.S.A.
Destination, rates & speeds

10.

Tze Leung Lai
Published by Springer (2008)
ISBN 10: 0387778268 ISBN 13: 9780387778266
New Quantity Available: 1
Seller:
Paperbackshop-US
(Wood Dale, IL, U.S.A.)

Book Description Springer, 2008. HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # GB-9780387778266

More information about this seller | Contact this seller

Buy New
US$ 87.66
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

There are 25 more copies of this book

View all search results for this book