Seventeen chapters presented by Batten (Hong Kong U. of Science & Technology, China) and Wagner (U. of Passau, Germany) examine the link between financial derivatives and the role they play
in managing risk in financial and broader economic systems. The volume’s 17 essays are grouped into four parts focusing on: the relationship between derivatives and economic stability;
derivatives pricing and risk-neutral probabilities; derivatives modeling and model performance; and financial risk management, credit management, and corporate control. Distributed in North
America by Turpin Distribution. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)
