{"product_id":"risk-management-for-pension-funds-a-continuous-time-approach-with-applications-in-r-9783030555306","title":"Risk Management for Pension Funds: A Continuous Time Approach with Applications in R","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003e\n\u003cbr\u003eThis book provides a comprehensive framework for studying the risk management of a pension fund, including tools for computing optimal asset allocation in a dynamic framework with stochastic longevity risk and non-self-financed wealth. It discusses the problem of hedging longevity risk in an incomplete market and offers R codes for replication of the results. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 239 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 10 February 2022\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Springer Nature Switzerland AG\u003cbr\u003e\u003c\/p\u003e \u003cp\u003eThis comprehensive book offers a robust and thorough framework for analyzing the risk management of a pension fund. It provides readers with a deep understanding, enables them to replicate, and expands upon the analysis. To achieve this, the book equips readers with the necessary tools to compute the optimal asset allocation within a dynamic framework that considers both stochastic longevity risk and the investor's self-financed wealth. By following this tutorial, readers can reproduce all the results presented. Additionally, the book includes R codes alongside the theoretical framework, facilitating a seamless replication process.\u003cbr\u003e\u003cbr\u003eDespite substantial theoretical advancements in an incomplete market, robust results regarding hedging longevity risk remain scarce, and the issue continues to be a topic of discussion in the most recent literature.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 385g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 235 x 155 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9783030555306\u003cbr\u003e \u003cstrong\u003eEdition number\u003c\/strong\u003e: 1st ed. 2021\u003c\/p\u003e","brand":"Francesco Menoncin","offers":[{"title":"Paperback \/ softback","offer_id":44103255261434,"sku":"9783030555306","price":19.63,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/noImage_1_30210c4e-b017-48de-ac97-d0cda90cd2dd.jpg?v=1667985981","url":"https:\/\/shulphink.com\/products\/risk-management-for-pension-funds-a-continuous-time-approach-with-applications-in-r-9783030555306","provider":"Shulph Ink","version":"1.0","type":"link"}