PrefacePart 1: Background and Basic Analytics 1. Risk management and regulation2. Basic concepts and methods in risk management3. Financial derivatives and their pricing theory4. Insurance risk and credibility theoryPart 2: Advanced Data and Risk Analytics 5. Supervised and unsupervised...

"This book presents statistics and data science methods for risk analytics in quantitative finance and insurance. Part I covers the background, financial models, and data analytical methods for market risk, credit risk, and operational risk in financial instruments, as well as models of risk...

Diagnostic classification tests are designed to assess examinees’ discrete mastery status on a set of skills or attributes. Such tests have gained increasing attention in educational and psychological measurement. We review diagnostic classification models and their applications to testing and...