Overview
- Introduces the major quantitative tools in risk management: optimization and stochastic programming.
- Presents new concepts and methods for risk management in the more common financial investment situations.
- Contains research results for risk control in inventory distribution and network design.
Part of the book series: Translational Systems Sciences (TSS, volume 14)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
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Risk Management in Logistics
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Front Matter
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Back Matter
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Back Matter
Keywords
About this book
This is the first book to introduce the major quantitative tools in risk management taking financial investments and logistics planning as the background: optimization and stochastic programming. Contained here are the fundamentals of portfolio selection theory from the point of view of risk control, and methods for risk control with new and popular risk measures such as VaR (Value-at-Risk) and CVaR (Conditional VaR). The book also introduces a new theory for risk management in more general investment situations such as flexible investment decisions, providing an accessible and comprehensive introduction to the interrelations between these fields of research. Basic concepts of stochastic programming are introduced, and their applications to risk management in inventory distribution and network design are covered as well. Illustrated by carefully chosen examples and supported by extensive data analyses, this book is highly recommended to readers who seek an in-depth and up-to-date integrated overview of the ever-expanding theoretical and quantitative fields of risk management in financial investment and logistics planning.
Authors and Affiliations
About the authors
Dr. Takayuki Shiina is a professor at Department of Industrial and Management Systems Science, School of Creative Science and Engineering, Waseda University, Japan. He received his B.E., M.E., and Doctor of Engineering from Waseda University. He has been working in the field of mathematical programming at Central Research Instituteof Electric Power Industry (Japan), Northwestern University (USA), Chiba Institute of Technology (Japan). His main areas of interest are stochastic programming and integer programming. He was awarded the best paper prize with Professor John R. Birge (University of Chicago) from Japan Society of Industrial and Applied Mathematics.
Bibliographic Information
Book Title: Risk Management in Finance and Logistics
Authors: Chunhui Xu, Takayuki Shiina
Series Title: Translational Systems Sciences
DOI: https://doi.org/10.1007/978-981-13-0317-3
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Singapore Pte Ltd. 2018
Hardcover ISBN: 978-981-13-0316-6Published: 02 August 2018
Softcover ISBN: 978-981-13-4385-8Published: 23 December 2018
eBook ISBN: 978-981-13-0317-3Published: 24 July 2018
Series ISSN: 2197-8832
Series E-ISSN: 2197-8840
Edition Number: 1
Number of Pages: XIII, 185
Number of Illustrations: 35 b/w illustrations, 13 illustrations in colour
Topics: Financial Engineering, Risk Management, Investments and Securities, Business Finance, Logistics, Engineering Economics, Organization, Logistics, Marketing