Life Settlements and Viaticals: Wilmott Magazine Article – Paul Wilmott

This is taken from the Second Edition of Paul Wilmott On Quantitative Finance, published by John Wiley & Sons 2006.

Logged-in members can download the article by clicking the link below. To log in or register visit here.

Related Posts

American π: Piece of Cake? An American option can be exercised by its holder at any time he wishes, not just at the expiration date. Textbooks tell you that pricing it in the co...
Primer On Arbitrage And Asset Pricing: Wilmott Mag... Back to first principles… Leonard MacLean and Bill Ziemba Financial decision making is typically concerned with the amount of investment capital ...
Close Encounters Of The Third Order: Wilmott Magaz... Implied volatility approximations atop the Devil's Tower - Mike Staunton The 1977 science fiction movie Close Encounters of the Third Kind was writ...
Quantifying Model Risk: Wilmott Magazine Article Issues and approaches to measure and assess model risk when building quant models. With model failures leading to some high-profile financial accid...
Gambler’s Ruin: Wilmott Magazine Article Ruination leads to enlightenment; tough, but true - Aaron Brown The term "gambler's ruin" is used fora number of statistical ideas whose common den...
Volatility: Time and Black–Scholes–Merton The formalism of Black–Scholes–Merton knows of no such thing as the past or the future. When it models the stochastic process of the underlying as...
Automatic Differentiation for the Greeks The sensitivities of the value of an option to the model parameters, a.k.a. “the Greeks,” are crucial to understanding the risk of an option posit...
Product Risk Classification What is the PRC? The product risk classification (PRC) is a risk indicator that is based on quantitative models. It allows us to compare the fi...
111129_pw