Risk Analysis in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)
Language: English
Published by Chapman and Hall/CRC, 2025
- Softcover
- Used
Seller: LMV Bookstore, Calgary, AB, CanadaLMV Bookstore
AbeBooks seller since April 7, 2026
Condition: Used - Very good
£ 52.01
Quantity: 1 available
Add to basketItem description from seller
Very good condition, clean inside and out, no writing highlighting marks on any pages.
Seller Inventory # ABE-1780449243472
- Title
- Risk Analysis in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)
- Author
- Melnikov, Alexander
- Publisher
- Chapman and Hall/CRC
- Publication year
- 2025
- Condition
- Very good
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1032391987
- ISBN 13
- 9781032391984
- Edition
- 3rd Edition
- Item weight
- 454 grams
- Dimensions
- 15.6 centimeters width by 23.39 centimeters height by 2.16 centimeters depth
Risk Analysis in Finance and Insurance, Third Edition presents an accessible yet comprehensive introduction to the main concepts and methods that transform risk management into a quantitative science. Considering the interdisciplinary nature of risk analysis, the author discusses many important ideas from stochastic analysis, mathematical finance and actuarial science in a simplified manner. He explores the interconnections among these disciplines and encourages readers toward further study of the subject. This edition continues to study risks associated with financial and insurance contracts, using an approach that estimates the value of future payments based on current financial, insurance, and other information.
Features of the third edition
- 12 chapters instead of 8 of the 2nd editions. Two new chapters on Wiener process as a base for financial market modeling. Option pricing in the Bachelier model, the model of Black and Scholes, the Gram-Charlier model. American options and their pricing in the Black-Scholes model
- Several new notions, topics and results that are not reflected yet in other textbooks, and even in monographs (Binomial model with constraints, detailed exposition of quantile hedging technique, Conditional Value at Risk, Range of Value at Risk, applications to equity-linked life insurance)
- Can be regarded as a self-contained issue of courses on Mathematical Finance, Actuarial Science and Risk Management
- Replete with new exercises, problems, hints and solutions
"Synopsis" may belong to another edition of this title.
About the Author
Alexander Melnikov is a Professor at the University of Alberta working in stochastic analysis and its applications in finance, statistics and insurance. He is the author of nine books and over one hundred research papers in leading academic journals and venues. He is a Fellow of the Russian Academy of Natural Sciences, a recipient of the Leontiev medal of this academy and the McCalla Professorship of the University of Alberta. In addition to his academic engagements, he held several senior positions in business and professional organizations.
"About the title" may belong to another edition of this title.
LMV Bookstore
Calgary, AB, Canada
AbeBooks seller since April 7, 2026
Shipping rates from Canada to U.S.A.
| Item | 3 to 10 business days | 3 to 10 business days |
|---|---|---|
| First item | £ 11.05 | £ 11.05 |
Payment methods
Store description
Used book seller, mostly academic and rare reference textbooks.
Specialty
Textbook and Non-FictionSeller's business information
2672439 Alberta Inc
70 Shawville Blvd SE, Suite 240
Calgary, AB Canada T2Y2Z3
Terms of sale
If you cancel this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to cancel with contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to us or LMV, 240-70 Shawville Blvd SE, T2Y 2Z3, Calgary, Alberta, Canada Canada, without undue delay and in any event not later than 14 days from the day on which you communicate your cancellation from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to LMV Bookstore, Calgary, Alberta, Canada, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.