{"product_id":"recent-research-in-financial-modelling-von-undefined","title":"Recent Research in Financial Modelling","description":"The book contains a selection of recently revised papers\nthat have initiallybeen presented at two different meetings\nof the EURO Working Group on       Financial Modelling. The papers\nrelated to the microstructure of capital    markets provide\nevidence that the price dynamics of financial assets can    on-\nly be explained - and modelled - on the basis of a                      careful\nexamination of the decision process which leads traders             to\ninteract and fix the equilibrium prices. The papers by Pec-\ncati,    Luciano, Ferrari and Cornaglia belong to this catego-\nry, and help          considerably unterstand the performance of mar-\nkets which are relatively   far from perfection (owing to\nthinness, frictions, taxation and the like).  This is indeed\nthe case for some European Exchanges.\nThe very           foundations of quantitative financial analysis have\nbeen discussed in the   contributions of Luciano, Canestrelli,\nUberti and Van der Meulen. The       classical - although recent\n- advances on the pricing of derivative         securities have been\nanalyzed and applied by Kremer, Hallerbach and         Jensen\/Niel-\nson, thus demonstrating that established theories still        pro-\nvide space for a deeper investigation.\nAnother major topic of      interest relates to empirical studies\nabout how markets behave with respect to theoretical models.\nIn this respect, the contributions of Viren,         Bradfield and\nWilkie\/Pollock are quite significant. They present            evidence\nbased on real data discussed in the light of advanced              stati-\nstical techniques. It is apparent that Corporate Finance             and\nCapital Markets are becoming more and more related and in-\nteractingwith each other.\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783790806830\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783790806830","offer_id":49593155584325,"sku":"9783790806830","price":106.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/40ec23da-1b0e-41c2-a847-4da5a7a2b123.jpg?v=1760505977","url":"https:\/\/shop.autorenwelt.de\/en\/products\/recent-research-in-financial-modelling-von-undefined","provider":"Autorenwelt Shop","version":"1.0","type":"link"}