Models.Behaving.Badly.

Models.Behaving.Badly.
Author: Emanuel Derman
Publisher: Simon and Schuster
Total Pages: 242
Release: 2011-10-25
Genre: Business & Economics
ISBN: 1439165017

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Now in paperback, “a compelling, accessible, and provocative piece of work that forces us to question many of our assumptions” (Gillian Tett, author of Fool’s Gold). Quants, physicists working on Wall Street as quantitative analysts, have been widely blamed for triggering financial crises with their complex mathematical models. Their formulas were meant to allow Wall Street to prosper without risk. But in this penetrating insider’s look at the recent economic collapse, Emanuel Derman—former head quant at Goldman Sachs—explains the collision between mathematical modeling and economics and what makes financial models so dangerous. Though such models imitate the style of physics and employ the language of mathematics, theories in physics aim for a description of reality—but in finance, models can shoot only for a very limited approximation of reality. Derman uses his firsthand experience in financial theory and practice to explain the complicated tangles that have paralyzed the economy. Models.Behaving.Badly. exposes Wall Street’s love affair with models, and shows us why nobody will ever be able to write a model that can encapsulate human behavior.

My Life as a Quant

My Life as a Quant
Author: Emanuel Derman
Publisher: John Wiley & Sons
Total Pages: 311
Release: 2016-01-11
Genre: Business & Economics
ISBN: 0470192739

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In My Life as a Quant, Emanuel Derman relives his exciting journey as one of the first high-energy particle physicists to migrate to Wall Street. Page by page, Derman details his adventures in this field—analyzing the incompatible personas of traders and quants, and discussing the dissimilar nature of knowledge in physics and finance. Throughout this tale, he also reflects on the appropriate way to apply the refined methods of physics to the hurly-burly world of markets.

Beast Behaving Badly

Beast Behaving Badly
Author: Shelly Laurenston
Publisher: Kensington Publishing Corp.
Total Pages: 400
Release: 2012-03-01
Genre: Fiction
ISBN: 0758286007

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“Shelly Laurenston’s shifter books are full of oddball characters, strong females with attitude and dialogue that can have you laughing out loud.” —The Philadelphia Inquirer Some men just have more to offer. Like hard-muscled, shape-shifting Bo Novikov--part polar bear, part lion, pure alpha… Ten years after Blayne Thorpe first encountered Bo Novikov, she still can't get the smooth-talking shifter out of her head. Now he's shadowing her in New York--all seven-plus feet of him--determined to protect her from stalkers who want to use her in shifter dogfights. Even if he has to drag her off to an isolated Maine town where the only neighbors are other bears almost as crazy as he is. Let sleeping dogs lie. Bo knows it's good advice, but he can't leave Blayne be. Blame it on her sweet sexiness--or his hunch that there's more to this little wolfdog than meets the eye. Blayne has depths he hasn't yet begun to fathom--much as he'd like to. She may insist Bo's nothing but a pain in her delectable behind, but polar bears have patience in spades. Soon she'll realize how good they can be together. And when she does, animal instinct tells him it'll be worth the wait… "Non-stop laughter, snark, and witty banter." –SmexyBooks Praise for the novels of Shelly Laurenston "Delicious, sexy and wicked fun!" --New York Times bestselling author Gena Showalter on Bear Meets Girl

The Volatility Smile

The Volatility Smile
Author: Emanuel Derman
Publisher: John Wiley & Sons
Total Pages: 528
Release: 2016-09-06
Genre: Business & Economics
ISBN: 1118959167

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The Volatility Smile The Black-Scholes-Merton option model was the greatest innovation of 20th century finance, and remains the most widely applied theory in all of finance. Despite this success, the model is fundamentally at odds with the observed behavior of option markets: a graph of implied volatilities against strike will typically display a curve or skew, which practitioners refer to as the smile, and which the model cannot explain. Option valuation is not a solved problem, and the past forty years have witnessed an abundance of new models that try to reconcile theory with markets. The Volatility Smile presents a unified treatment of the Black-Scholes-Merton model and the more advanced models that have replaced it. It is also a book about the principles of financial valuation and how to apply them. Celebrated author and quant Emanuel Derman and Michael B. Miller explain not just the mathematics but the ideas behind the models. By examining the foundations, the implementation, and the pros and cons of various models, and by carefully exploring their derivations and their assumptions, readers will learn not only how to handle the volatility smile but how to evaluate and build their own financial models. Topics covered include: The principles of valuation Static and dynamic replication The Black-Scholes-Merton model Hedging strategies Transaction costs The behavior of the volatility smile Implied distributions Local volatility models Stochastic volatility models Jump-diffusion models The first half of the book, Chapters 1 through 13, can serve as a standalone textbook for a course on option valuation and the Black-Scholes-Merton model, presenting the principles of financial modeling, several derivations of the model, and a detailed discussion of how it is used in practice. The second half focuses on the behavior of the volatility smile, and, in conjunction with the first half, can be used for as the basis for a more advanced course.

Parents Behaving Badly

Parents Behaving Badly
Author: Scott Gummer
Publisher: Simon and Schuster
Total Pages: 216
Release: 2012-04-10
Genre: Fiction
ISBN: 1451609183

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Gummer's first novel provides a smart, funny, and long overdue look at the over-the-top behavior of parents involved in youth sports.

Behaving Badly in Early and Medieval China

Behaving Badly in Early and Medieval China
Author: N. Harry Rothschild
Publisher: University of Hawaii Press
Total Pages: 289
Release: 2018-10-31
Genre: History
ISBN: 0824867823

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Behaving Badly in Early and Medieval China presents a rogues’ gallery of treacherous regicides, impious monks, cutthroat underlings, ill-bred offspring, and disloyal officials. It plumbs the dark matter of the human condition, placing front and center transgressive individuals and groups traditionally demonized by Confucian annalists and largely shunned by modern scholars. The work endeavors to apprehend the actions and motivations of these men and women, whose conduct deviated from normative social, cultural, and religious expectations. Early chapters examine how core Confucian bonds such as those between parents and children, and ruler and minister, were compromised, even severed. The living did not always reverently pay homage to the dead, children did not honor their parents with due filiality, a decorous distance was not necessarily observed between sons and stepmothers, and subjects often pursued their own interests before those of the ruler or the state. The elasticity of ritual and social norms is explored: Chapters on brazen Eastern Han (25–220) mourners and deviant calligraphers, audacious falconers, volatile Tang (618–907) Buddhist monks, and drunken Song (960–1279) literati reveal social norms treated not as universal truths but as debated questions of taste wherein political and social expedience both determined and highlighted individual roles within larger social structures and defined what was and was not aberrant. A Confucian predilection to “valorize [the] civil and disparage the martial” and Buddhist proscriptions on killing led literati and monks alike to condemn the cruelty and chaos of war. The book scrutinizes cultural attitudes toward military action and warfare, including those surrounding the bloody and capricious world of the Zuozhuan (Chronicle of Zuo), the relentless violence of the Five Dynasties and Ten States periods (907–979), and the exploits of Tang warrior priests—a series of studies that complicates the rhetoric by situating it within the turbulent realities of the times. By the end of this volume, readers will come away with the understanding that behaving badly in early and medieval China was not about morality but perspective, politics, and power.

Understanding and Managing Model Risk

Understanding and Managing Model Risk
Author: Massimo Morini
Publisher: John Wiley & Sons
Total Pages: 452
Release: 2011-10-20
Genre: Business & Economics
ISBN: 0470977744

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A guide to the validation and risk management of quantitative models used for pricing and hedging Whereas the majority of quantitative finance books focus on mathematics and risk management books focus on regulatory aspects, this book addresses the elements missed by this literature--the risks of the models themselves. This book starts from regulatory issues, but translates them into practical suggestions to reduce the likelihood of model losses, basing model risk and validation on market experience and on a wide range of real-world examples, with a high level of detail and precise operative indications.

Television Antiheroines

Television Antiheroines
Author: Milly Buonanno
Publisher: Intellect (UK)
Total Pages: 0
Release: 2017
Genre: Antiheroes on television
ISBN: 9781783207602

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This book focuses on the emergence of female characters in typically male roles, particularly in the crime and prison drama genres. Contributors explore the role of race and sexuality, focusing on the transgression of female identity, and examine how bad women are portrayed and how they reveal the challenges by women to social and economic norms.

Guerrilla Girls: The Art of Behaving Badly

Guerrilla Girls: The Art of Behaving Badly
Author: Guerrilla Girls
Publisher: Chronicle Books
Total Pages: 196
Release: 2020-10-06
Genre: Art
ISBN: 1452175845

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Guerrilla Girls: The Art of Behaving Badly is the first book to catalog the entire career of the Guerrilla Girls from 1985 to present. The Guerrilla girls are a collective of political feminist artists who expose discrimination and corruption in art, film, politics, and pop culture all around the world. This book explores all their provocative street campaigns, unforgettable media appearances, and large-scale exhibitions. • Captions by the Guerrilla Girls themselves contextualize the visuals. • Explores their well-researched, intersectional takedown of the patriarchy In 1985, a group of masked feminist avengers—known as the Guerrilla Girls—papered downtown Manhattan with posters calling out the Museum of Modern Art for its lack of representation of female artists. They quickly became a global phenomenon, and the fearless activists have produced hundreds of posters, stickers, and billboards ever since. • More than a monograph, this book is a call to arms. • This career-spanning volume is published to coincide with their 35th anniversary. • Perfect for artists, art lovers, feminists, fans of the Guerrilla Girls, students, and activists • You'll love this book if you love books like Wall and Piece by Banksy, Why We March: Signs of Protest and Hope by Artisan, and Graffiti Women: Street Art from Five Continents by Nicholas Ganz

Raising Boys to Be Good Men

Raising Boys to Be Good Men
Author: Aaron Gouveia
Publisher: Simon and Schuster
Total Pages: 181
Release: 2020-06-16
Genre: Family & Relationships
ISBN: 151074942X

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"If you are the parent of a boy . . . this is the book you need . . . insightful, enlightened, practical." —Peggy Orenstein, New York Times bestselling author of Boys & Sex From the dad who created the viral tweet supporting his son wearing nail polish, this essential parenting guide shares 36 parenting tips for battling gender norms, bringing down "man up" culture, and helping sons realize their potential. Our boys are in a crisis. Toxic masculinity and tough guy-ism are on display daily from our leaders, and we see anger, dysfunction, violence, and depression in young men who are suffocated by harmful social codes. Our young sons are told to stop throwing like a girl. They hear phrases like “man up” when they cry. They are told “boys will be boys” when they behave badly. The “Girl Power” movement has encouraged women to be whoever and do whatever they want, but that sentiment is not often extended to boys. Just watch the bullying when boys try ballet, paint their fingernails, or play with a doll. But we can treat this problem—and the power lies in the hands of parents. It's not only possible to raise boys who aren't emotionally stifled and shoved into stereotypical gender boxes; it's vital if we want a generation of men who can express their emotions, respect women, and help nurse society back to a halfway healthy place. We can reframe manhood. From Aaron Gouveia, who gained viral fame after tweeting his support for his son’s painted fingernails (and who knows toxic masculinity very well), learn practical and actionable tips such as: Don’t accept different standards for moms and dads Teach boys that “girl” is not an insult and retire phrases like “boys will be boys” Show boys that expressing their emotions and being physical is a good thing Let boys pursue nontraditional interests and hobbies Talk to boys about consent and privilege Model healthy and respectful relationships for boys to emulate Penned with equal parts humor, biting snark, and lived advice, Raising Boys to Be Good Men is the essential parenting guide for raising sons to realize their potential outside the box. ​