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The availability of financial data recorded on high-frequency level has inspired a research area which over the last decade emerged to a major area in econometrics and statistics. The growing popularity of high-frequency econometrics is driven by technological progress in trading systems and an increasing importance of intraday trading, liquidity risk, optimal order placement as well as high-frequency volatility. This book provides a state-of-the art overview on the major approaches in high-frequency econometrics, including univariate and multivariate autoregressive conditional mean approaches for different types of high-frequency variables, intensity-based approaches for financial point processes and dynamic factor models. It discusses implementation details, provides insights into properties of high-frequency data as well as institutional settings and presents applications to volatility and liquidity estimation, order book modelling and market microstructure analysis.
Quantitative methods (economics) --- Economics --- Financial analysis --- economie --- financiële analyse --- econometrie
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This is a major revision and expansion of what has long been recognized as a basic reference in its field. Besides updating the existing text, the authors have broadened the book by including many new entries on landscape architecture as well as by significantly increasing their treatment of American architects and architecture. This is a highly readable work, worldwide in scope, covering architecture from ancient times to the present. Major entries on key individuals, styles, movements, materials, and terms range up to several pages in length and include cross references and bibliographies for further reading. This is an essential addition to the reference shelf of every architectural student and buff.
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The ultimate companion in the classical horror discipline of engineering science! Contents of the book are the basics of mechanics as treated in engineering and physical sciences: Statics, Elastostatics, Kinematics & Kinetics in unconventional, humorous presentation with many cartoons, funny explanations and a chapter containing several exercises with detailed solutions.
Physics --- toegepaste wetenschappen --- fysica
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Recent years have witnessed a growing importance of quantitative methods in both financial research and industry. This development requires the use of advanced techniques on a theoretical and applied level, especially when it comes to the quantification of risk and the valuation of modern financial products. Applied Quantitative Finance (2nd edition) provides a comprehensive and state-of-the-art treatment of cutting-edge topics and methods. It provides solutions to and presents theoretical developments in many practical problems such as risk management, pricing of credit derivatives, quantification of volatility and copula modelling. The synthesis of theory and practice supported by computational tools is reflected in the selection of topics as well as in a finely tuned balance of scientific contributions on practical implementation and theoretical concepts. This linkage between theory and practice offers theoreticians insights into considerations of applicability and, vice versa, provides practitioners comfortable access to new techniques in quantitative finance. Themes that are dominant in current research and which are presented in this book include among others the valuation of Collaterized Debt Obligations (CDOs), the high-frequency analysis of market liquidity, the pricing of Bermuda options and realized volatility. All Quantlets for the calculation of the given examples are downloadable from the Springer web pages.
Quantitative methods (economics) --- Mathematical statistics --- Financial analysis --- Business economics --- statistiek --- financiële analyse --- econometrie
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Recent years have witnessed a growing importance of quantitative methods in both financial research and industry. This development requires the use of advanced techniques on a theoretical and applied level, especially when it comes to the quantification of risk and the valuation of modern financial products. Applied Quantitative Finance (2nd edition) provides a comprehensive and state-of-the-art treatment of cutting-edge topics and methods. It provides solutions to and presents theoretical developments in many practical problems such as risk management, pricing of credit derivatives, quantification of volatility and copula modelling. The synthesis of theory and practice supported by computational tools is reflected in the selection of topics as well as in a finely tuned balance of scientific contributions on practical implementation and theoretical concepts. This linkage between theory and practice offers theoreticians insights into considerations of applicability and, vice versa, provides practitioners comfortable access to new techniques in quantitative finance. Themes that are dominant in current research and which are presented in this book include among others the valuation of Collaterized Debt Obligations (CDOs), the high-frequency analysis of market liquidity, the pricing of Bermuda options and realized volatility. All Quantlets for the calculation of the given examples are downloadable from the Springer web pages.
Quantitative methods (economics) --- Mathematical statistics --- Financial analysis --- Business economics --- statistiek --- financiële analyse --- econometrie
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This book covers a multitude of Alpine-type working areas and processes active in collisional mountain building in the form of 16 selected very up-to-date review and research articles covering the Alps, Carpathians and Dinarides. These data were presented at the 8th workshop on Alpine Geological Studies in Davos held in October 2007. The compilations and new data are of interest to earth scientists interested in mountain building in general and those interested in processes of continental collision in particular. The book is virtually indispensable for advanced students and scientists involved in Alpine studies.
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Micro and nano-fluidics concerns fluid dynamics occurring in devices or flow configurations with minimum design length measured in micrometers or smaller. The behavior of fluids at these scales is quite different from that at the macroscopic level due to the presence of surface tension effects, wetting phenomena, Brownian diffusion and hydrodynamic interactions with immersed particles and microstructures. These effects cannot be generally represented in a classical homogeneous continuum framework. However, this triggers the development of new tools to investigate and simulate problems at the meso-scopic level. This book contains a collection of works presented at the IUTAM Symposium on Advances on Micro and Nano-fluidics held in Dresden in 2007. It covers several subjects of wide interest for micro and nano-fluidics applications focusing on both, analytical and numerical approaches. Topics covered in particular include multi-scale particle methods for numerical simulations, liquid-wall interactions and modeling approaches, modeling of immersed nano-scale structures, organized flow behavior at micro and nano-scales, and methods for control of micro- and nano-scale flows.
Classical mechanics. Field theory --- Fluid mechanics --- Engineering sciences. Technology --- toegepaste mechanica --- ingenieurswetenschappen --- mechanica --- vloeistoffen
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