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Issue 5 of Wilmott was published in May 2003 - Download PDFs here.
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In This Issue
To download each of these files to your computer, right-click with your mouse on the appropriate link and choose the 'Save target as' option. If you don't have the Adobe Acrobat PDF Reader installed you can get a copy here.
Regulars
Cover Story: Monte Carlo's Flying Circus 952 KB
Editor's Letter 202KB
News 330KB
Careers 123KB
Book Reviews 112KB
Book Club 145KB
Postgraduate Courses - Get with the Program 2 528KB
The Fraunhofer Institute: Best of Both Worlds? 430KB
Real Options 98KB
Lyceum 58KB
Car Reviews 156KB
Columns
Bill Ziemba: Gambling and Investment - Hedge Fund Concepts 2 192KB Free Wilmott Article
Aaron Brown: What is the Interest Rate in Hell? 151KB Free Wilmott Article
Henriette Prast: Funny Money 114KB
Gustavo Bamberger: Play it again, Hannibal 95KB
Rudi Bogni: Equities at War 57KB
Mike Staunton - From Guildhall to Global 179KB
Ed Thorp: How Rich is Rich? 106KB
Espen Gaarder Haug - Know Your Weapon - Part 2 2871KB

Espen Haug was in London to lecture on the Certificate in Quantitative Finance and gave a very well-attended talk at the Financial World Bookshop. Magazine subscribers received 10% discounts off everything in the shop! His lecture on Asian Pyramid Power can be seen here. (You will be asked to download WeEx software.)

Sponsored by d-fine

Thanks to 7city Learning for recording this event.

Technical Papers
Ralf Korn: The Martingale Optimality Principle: The best you can is good enough 113KB Free Wilmott Article
Holger Kraft: Curved Barriers and Default 113KB Free Wilmott Article
Sergei Mikhailov and Ulrich Nögel: Heston’s stochastic volatility model: Implementation, calibration and some extensions 420KB Free Wilmott Article
Martin Krekel: The Pricing of Asian Options on Average Spot with Average Strike 103KB Free Wilmott Article
Gerald Kroisandt:Insurance Companies - Premiums and Risk Measures 90KB