Statistics and Finance: An Introduction |  | Author: David Ruppert
Publisher: Springer
List Price: $104.00
Buy New: $52.10
as of 11/24/2009 23:07 CST details
You Save: $51.90 (50%)
New (25) Used (15) from $52.10
Seller: best_bargain_books3
Rating:  6 reviews
Sales Rank: 453044
Media: Hardcover
Edition: 1st
Pages: 482
Number Of Items: 1
Shipping Weight (lbs): 1.8
Dimensions (in): 9.3 x 6.3 x 1.1
ISBN: 0387202706
Dewey Decimal Number: 332.015195
EAN: 9780387202709
ASIN: 0387202706
Publication Date: June 6, 2006
Availability: Usually ships in 1-2 business days
| |
| Also Available In:
|
| Accessories:
|
| Similar Items:
| |
| Editorial Reviews:
Product Description
This textbook emphasizes the applications of statistics and probability to finance. Students are assumed to have had a prior course in statistics, but no background in finance or economics. The basics of probability and statistics are reviewed and more advanced topics in statistics, such as regression, ARMA and GARCH models, the bootstrap, and nonparametric regression using splines, are introduced as needed. The classical methods of finance such as portfolio theory, CAPM, and the Black-Scholes formula are covered, and there is an introduction to the somewhat newer area of behavioral finance. Applications and use of MATLAB and SAS software are stressed. The book course serve as a text in courses aimed at advanced undergraduates and masters students in statistics, engineering, and applied mathematics as well as quantitatively oriented MBA students. It could also be used for self-study by those in the finance industry wishing to know more statistics.
|
| Customer Reviews:
Showing reviews 1-5 of 6
 Amit October 20, 2008
Amit Gupta
0 out of 2 found this review helpful
A must have book for anybody looking to learn statistics as applied to finance. Explainations are as elaborative as provided in other great books like Hull and Neftci. I strongly recommend this book!
 Great book! July 3, 2008
Johnny (Finland)
4 out of 4 found this review helpful
I am a post graduate student in Finland. I've been trying to find a suitable book which would take me a step further after Luenberger's Investment Science (Cochrane's book is a too large leap for me). This excellent book which does just that. It covers interesting topics such as Michaud's resampling, volatility surfaces and interest rate models. The treatment of various topics is rather short though. However, after each chapter Ruppert has a bibliography where he recommends additional reading for each subject.
Text is extremely readable and even though I am not in MIT like some reviewers (possibly meaning that I might not be that smart) I found the text easy to understand and the examples in the book really help to elaborate the text. If you want some light reading that tells you a little about a lot, this is the book for you.
In addition, you can find some nice R code for the book which a little bit of googling.
 Avoid Like Michael Jackson at a Chuck E. Cheese April 23, 2007
student
6 out of 8 found this review helpful
Ruppert tries to cover too many topics in too few pages. As a result, the treatment of topics is perfunctory at best, and the exercises are almost nonexistent. If you really want to learn the material, look at the table of contents, and for each chapter, buy a separate textbook.
great book, especially for statisticians July 27, 2006
V. Lo
19 out of 22 found this review helpful
This book is an ambitious and unique combination of stat and finance - and because of the very close relationship of the two areas, this book is excellent and useful for 1) statisticians who want to learn financial modeling; and 2) financial analysts who need to understand the underlying stat concepts at a relatively advanced level. It is generally well-written and the author provides clear explanation on many finance theories.
a good new book June 23, 2006
Richard O. Michaud (boston, ma)
3 out of 20 found this review helpful
an interesting and authoritative perspective on many things of practical interest in asset management
Showing reviews 1-5 of 6
|
|
|
|
