This text is designed for first courses in financial calculus aimed at students with a good background in mathematics. Key concepts such as martingales and change of measure are introduced in the discrete time framework, allowing an accessible account of Brownian motion and stochastic calculus.

Published in celebration of the 15th anniversary of Risk magazine, this commemorative title chronicles the major historical developments within the derivatives industry whilst presenting a wealth of new insights, perspectives and case studies on assorted risk management issues.

Reflecting a decade’s worth of changes, Human Safety and Risk Management, Second Edition contains new chapters addressing safety culture and models of risk as well as an extensive re-working of the material from the earlier edition. Examining a wide range of approaches to risk, the authors define safety culture and review theoretical models that elucidate mechanisms linking safety culture with safety performance.

Short listed for the Kulp-Wright Book Award for the most significant text in the field of risk management and insurance Provides a consistent firm-wide platform for pricing, hedging and risk management of credit across a broad range of product classes.

The increasingly urbanized world has created various problems of environment, climate, consumption of resources, and public health, which are closely linked to the side-effects of urbanization such as sprawl, congestion, housing affordability and loss of open space. Fundamental to the urban problems are two separate yet related issues: urban structure and urban dynamics.

In this age of international terrorism and international economic contagion, it is clear that "globalization" in its broadest sense - i.e., the "breaking down of barriers"- is often a double-edged sword. The world economy of the early twenty-first century offers substantial growth potential and strategic benefits for firms, but it also entails much risk, which must be measured and managed effectively. Consequently, business in today's world must constantly be alert to opportunities afforded by improving technology and financial market integration as they seek to develop successful risk management programs.

This volume is the latest in a series based on the MIGA (Multilateral Investment Guarantee Agency)-Georgetown University Symposium on International Political Risk Management, with contributions from experts from the international investment, finance, insurance, and legal fields. Highlights include a treatment of regulatory risk in emerging markets by three distinguished lawyers, a proposal for a new type of war risk insurance coverage, the examination of the risk management needs of the international power sector from both legal and user perspectives, and a discussion of the future of the international investment insurance industry by leading private and public sector industry representatives.

This book is the first attempt to bring together current research findings in the domain of interactive horizontal displays. The novel compilation will integrate and summarise findings from the most important international tabletop research teams. It will provide a state-of-the art overview of this research domain and therefore allow for discussion of emerging and future directions in research and technology of interactive horizontal displays.