Financial Engineering to Address Complexity
A special issue of Risks (ISSN 2227-9091).
Deadline for manuscript submissions: closed (15 April 2015) | Viewed by 21576
Special Issue Editors
Interests: financial and insurance modeling; portfolio optimization; numerical methods for risk management; computational finance; simulation models
Special Issue Information
Dear Colleagues,
The rapid pace of worldwide financial integration has led to a magnification of the interrelations between the different components of the economic systems, thus increasing its complexity as a whole. To give but a few examples, the recent sub-prime crisis has caused serious repercussions on economic growth in many countries and hampered their capacity to pay their debt. International trading of securitized assets caused banking crises and raised questions as to the sustainability of sovereigns’ liabilities after bank bailout. Regulatory boards are struggling to grapple with the manifolds option-like features are embedded in pension plans and insurance policies. As a consequence, the regulators now require the mark-to-market evaluations or credit exposure of such hidden contingent claims, envisaging the possible danger of negative events triggered in sectors that are seemingly associated to the core of their business.
The aim of this Special Issue is to collect financial engineering contributions to addressing such increasing complexity, at the same time being cognizant that financial engineering has contributed to the increased complexity. The objective is to bridge the gap between academics, decision makers and regulators, with the objective of fostering solution models that deal with complexity, instead of oversimplifying it for the sake of theoretical tractability.
The Special Issue will focus both on research topics relevant to the scientific community, and evidence from industry and decision-making case studies. We are interested in original results and innovative methods to solve realistic problems, presented and potentially tested in a rigorous form.
Dr. Andrea Consiglio
Dr. Stavros A. Zenios
Guest Editors
Manuscript Submission Information
Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.
Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Risks is an international peer-reviewed open access monthly journal published by MDPI.
Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.
Keywords
- financial modelling
- portfolio optimization
- scenario generation
- sovereign debt management
- option evaluation
- systemic risk
