Zrolas: September 2014

Tuesday, 30 September 2014

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Sunday, 28 September 2014

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This book covers a broad range of topics in financial mathematics and quantitative modeling, from products and concepts, via model development, up to the calibration of models to market data and implementation of pricing algorithms.

Sales Rank: #2775506 in Books
Brand: Brand: Birkh�user
Published on: 2013-07-24
Released on: 2013-07-24
Original language: German
Number of items: 1
Dimensions: 9.25" h x .48" w x 6.10" l, .0 pounds
Binding: Paperback
191 pages

Features

Used Book in Good Condition

Review

From the reviews:

“The aim of this book is twofold. Firstly to equip the reader with the fundamental mathematical skills associated with modern finance and secondly to relate these skills to practical outcomes. … It is written as an introductory text for senior undergraduates or early graduate students with a reasonable background in mathematics. … For the interested reader references are provided if they wish to further enrich their knowledge. Also, at the end of each chapter a number of beneficial exercises are provided.” (John O’Hara, zbMATH, Vol. 1273, 2013)

From the Back Cover

Swaps, futures, options, structured instruments - a wide range
of derivative products is traded in today's financial markets.
Analyzing, pricing and managing such products often requires
fairly sophisticated quantitative tools and methods. This book
serves as an introduction to financial mathematics with special
emphasis on aspects relevant in practice. In addition to numerous
illustrative examples, algorithmic implementations are demonstrated
using "Mathematica" and the software package "UnRisk" (available
for both students and teachers). The content is organized in 15
chapters that can be treated as independent modules.

In particular, the exposition is tailored for classroom use in a
Bachelor or Master program course, as well as for practitioners
who wish to further strengthen their quantitative background.

About the Author

Hansjoerg Albrecher is Professor of Actuarial Science at the Faculty of Business and Economics, University of Lausanne, as well as a Faculty Member of the Swiss Finance Institute. Previous affiliations include the Johann Radon Institute for Computational and Applied Mathematics of the Austrian Academy of Sciences in Linz, the University of Linz, the University of Aarhus, K.U. Leuven and Graz University of Technology. The author has ample experience in connecting the academic world with practitioners' views and problems, and has been advising banks and insurance companies.

Andreas Binder is CEO of MathConsult GmbH and head of MathConsult's computational finance group, who have been developing the UnRisk� software suite for valuation and risk management of financial instruments. He is an experienced adviser of banks, auditors, regulators and capital management firms.

Volkmar Lautscham has graduated in Technical Mathematics and Financial/Industrial Management from Graz University of Technology and Karl-Franzens University, respectively, with longer academic stays abroad in Sheffield, London and Stockholm. From 2006 to 2009, he was working for a major investment bank in London focusing on credit underwriting/structuring and real estate. The author currently holds a position at the University of Lausanne, where he pursues a PhD degree and teaches within the MSc Actuarial Science programme.

Philipp Mayer obtained his PhD in financial mathematics from Graz University of Technology. He then held amongst others a post-doc position at the Radon Institute of the Austrian Academy of Sciences in Linz, before returning to Graz as an assistant professor, where he carried out research in financial mathematics and taught both bachelor and master level courses. In 2010 he joined the Financial Markets department of a major financial institution in Brussels, where he is responsible for modeling equity, commodity and hybrid instruments.

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Saturday, 20 September 2014

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In the United States today, one in every thirty-one adults is under some form of penal control, including one in eleven African American men. How did the “land of the free” become the home of the world’s largest prison system? Challenging the belief that America’s prison problem originated with the Reagan administration’s War on Drugs, Elizabeth Hinton traces the rise of mass incarceration to an ironic source: the social welfare programs of Lyndon Johnson’s Great Society at the height of the civil rights era.

Johnson’s War on Poverty policies sought to foster equality and economic opportunity. But these initiatives were also rooted in widely shared assumptions about African Americans’ role in urban disorder, which prompted Johnson to call for a simultaneous War on Crime. The 1965 Law Enforcement Assistance Act empowered the national government to take a direct role in militarizing local police. Federal anticrime funding soon incentivized social service providers to ally with police departments, courts, and prisons. Under Richard Nixon and his successors, welfare programs fell by the wayside while investment in policing and punishment expanded. Anticipating future crime, policymakers urged states to build new prisons and introduced law enforcement measures into urban schools and public housing, turning neighborhoods into targets of police surveillance.

By the 1980s, crime control and incarceration dominated national responses to poverty and inequality. The initiatives of that decade were less a sharp departure than the full realization of the punitive transformation of urban policy implemented by Republicans and Democrats alike since the 1960s.

Sales Rank: #17172 in Books
Published on: 2016-05-02
Original language: English
Number of items: 1
Dimensions: 9.75" h x 6.50" w x 1.50" l, .0 pounds
Binding: Hardcover
464 pages

Review
Readers will appreciate Hinton’s archival deep dive into the various and successive congressional acts responsible, sometimes unwittingly, sometimes not, for what amounts in her terms to criminalizing poverty. She discusses the prevailing social science theories that informed those laws…and frequently cites official reports and informal intergovernmental communications that expose the policymakers’ thinking. General readers will be appalled at her portrayal of outrageous police practices. (Kirkus Reviews 2016-04-01)

An outstanding book―clear, compelling, and essential. Hinton excavates the deep roots of police militarization, surveillance of minority communities, and the punitive shift in urban policy. Her argument that liberals were key architects of the war on crime is a necessary and even urgent corrective to conventional thinking about mass incarceration. (Matthew Lassiter, author of The Silent Majority: Suburban Politics in the Sunbelt South)

A superb work that is a major and timely contribution to the history of mass incarceration. It powerfully resets and sharpens the debate among scholars on the interaction of federal and state dynamics in shaping the modern carceral state.

(Jonathan Simon, author of Mass Incarceration on Trial: A Remarkable Court Decision and the Future of Prisons in America)

A clear-eyed and timely book, it traces the country’s cannibalistic prison industrial complex back to the social welfare programs created by Lyndon Johnson’s War on Poverty. This history is heartbreaking, but it is one that affects an enormous percentage of the country…Read it and vote―especially for the state legislators, judges, and district attorneys who exert the greatest influence over the system. (Molly McArdle Brooklyn Magazine 2016-03-21)

Magisterial. (Steven W. Thrasher The Guardian 2016-04-19)

At a moment when policing’s impact on African Americans and mass incarceration have again become topic of national conversation, Hinton’s book is significant for its reminder that both liberals and conservatives share the blame. (Jeff Guo Washington Post blog 2016-05-02)

From the War on Poverty to the War on Crime requires slow and careful reading for anyone seeking to grasp the full implications of this exceedingly well-researched work…The book is vivid with detail and sharp analysis…Hinton’s book is more than an argument; it is a revelation…There are moments that will make your skin crawl…This is history, but the implications for today are striking. Readers will learn how the militarization of the police that we’ve witnessed in Ferguson and elsewhere had roots in the 1960s…A reader cannot help reckoning with the truth that the problem of police brutality and mass incarceration won’t be remedied with technology and training. Those of us who believe in the principles of democracy and justice would do well to witness, as detailed in Hinton’s pages, the shameful theft of liberty in this so-called land of the free. (Imani Perry New York Times Book Review 2016-05-29)

An extraordinary and important new book. (Jill Lepore New Yorker 2016-07-12)

Hinton’s well-researched book is filled with historical anecdotes painting a colorful picture of the nation’s persistent struggle with crime since President Johnson coined the phrase ‘War on Crime’ more than fifty years ago…From the War on Poverty to the War on Crime is smart, engaging, and well-argued. (Lauren-Brooke Eisen National Review)

Hinton’s book constitutes the most comprehensive analysis of the historical roots of mass incarceration to date. Those wanting to deepen the understanding of this history that they may have gained from The New Jim Crow, the Golden Gulag and The First Civil Right would do well to seriously engage this wonderful work. (James Kilgore Truthout 2016-07-05)

About the Author
Elizabeth Hinton is Assistant Professor of History and African and African American Studies at Harvard University.

Most helpful customer reviews

9 of 9 people found the following review helpful.
The most important and informative book about the mass incarceration ...
By Will Duchon
The most important and informative book about the mass incarceration crisis to date. Hinton details the genesis and development of the flawed and biased criminal justice system which to this day thrives in the United States.

7 of 7 people found the following review helpful.
Required reading
By Mehrsa
This book is required reading if you want to understand crime, poverty, or race in America. If you liked the New Jim Crow, you will LOVE Hinton's book. I couldn't put it down.

4 of 4 people found the following review helpful.
Essential Reading for today
By Ed Epping
Ms. Hinton makes a very convincing case to locate baselines for our current mass incarceration strategies. While the threads of the incarceration-industrial complex are nefariously intertwined into our culture, the roots of these coursing networks are framed in our national disgraces: slavery, poverty and and a sustained inequality of power distribution. Ms. Hinton and Ms. Alexander ("The New Jim Crow") are voices that need amplification and reiteration in our society. Both are must reads.

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Friday, 19 September 2014

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About the author: Inspirational Stories is a series aimed at highlighting the great athletes of our society. Our mission is to present the stories of athletes who are not only impactful in their sport, but also great people outside of it. The athletes we share have gone above and beyond to become impactful in their community and great role models for the youth, all while showing excellence in their profession. We publish concise, easily consumable books that portray the turning points in the lives of these great athletes, while also giving the context in which they occurred. Our books are especially great for children who look up to sports figures. Hopefully, these athletes can serve as a source of inspiration and their stories can provide life lessons that are practical for fans of any demographic.

Sales Rank: #167132 in Audible
Published on: 2015-10-12
Format: Unabridged
Original language: English
Running time: 25 minutes

Most helpful customer reviews

1 of 1 people found the following review helpful.
A true under dog story
By yvonne knight
Dustin’s story is not just about baseball, it is also a true under dog that defined all expectations. This is the kind of story that makes you believe that all things are possible. Through every set back Dustin came to overcome every obstacle in his way.

0 of 0 people found the following review helpful.
Great Read
By Devan C
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Wednesday, 17 September 2014

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The Aldens are exploring an old house in Michigan. When they arrive at the mansion, they can’t wait to start looking through all the rooms. They find an old diary that tells that a diamond and pearl ring is hidden in the house. The only way to find the ring is to solve a riddle written in the diary. But someone has already found the ring—and sold it! Who could be responsible?

Sales Rank: #542449 in eBooks
Published on: 2013-11-05
Released on: 2013-11-05
Format: Kindle eBook

From the Inside Flap
The Aldens are exploring an old house in Michigan. When they arrive at the mansion, they can't wait to start looking through all the rooms.

About the Author
Gertrude Chandler Warner was born in Putnam, Connecticut, on April 16, 1890, to Edgar and Jane Warner. Her family included a sister, Frances, and a brother, John. From the age of five, she dreamed of becoming an author. She wrote stories for her Grandfather Carpenter, and each Christmas she gave him one of these stories as a gift. Today, Ms. Warner is best remembered as the author of The Boxcar Children Mysteries.

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3 of 3 people found the following review helpful.
a great book
By A Customer
the children are at a relative's mansion. They learn that a ring is hidden in the house.will the children find the ring? If you like suspense you should read this book.

1 of 1 people found the following review helpful.
Great!!!!
By secret style
I liked the book because the Aldens are cleaning one of their relatives houses that passed away...like for example, my...grandmother passed away. (Just for example)Me and my family would go clean their house up. I really think you should get this book.

-Secret Style

0 of 1 people found the following review helpful.
A little bit ago by the way you can see how IV
By Kindle Customer
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Monday, 15 September 2014

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Published on: 1900
Binding: Paperback

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Tuesday, 9 September 2014

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Sales Rank: #11709868 in Books
Published on: 1964
Binding: Paperback

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This 2006 book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners.

Sales Rank: #1365502 in Books
Brand: Brand: Cambridge University Press
Published on: 2006-03-13
Original language: English
Number of items: 1
Dimensions: 8.98" h x .75" w x 5.98" l, 1.25 pounds
Binding: Hardcover
336 pages

Features

Used Book in Good Condition

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10 of 10 people found the following review helpful.
Valuable insight into retirement math
By Larry R Frank Sr, MBA, CFP
I had purchased this book when if was first published and have now come back to it after reading his recent work (link below). This earlier book is a very detailed discussion of the computations that go into the question of retirement income. For those who are math oriented, this is a good book to begin to get insight into solving the retirement income question. He has a supporting website at [...].

For those who would like to have insight into how to apply this math, his more recent book Are You a Stock or a Bond? Create Your Own Pension Plan for a Secure Financial Future will help, and it is an easier read for most, especially the non math oriented.

As a holder of a physics degree, the math so far applies to static periods, i.e. considering what age a person currently is (t for time is static). However, the time period continually decreases since longevity is continually shortening as a person ages. Therefore, the time should be evaluated as delta t or changing time. In practice, I see this difference between ages emerge as I evaluate different situations. Readjusting the formula for each age, as one ages, does not work since in practice this results in taking more out early and having to retrench later.

However, getting deeper insight into the mathematical approach is extremely enlightening and useful to those who are so oriented.

Wealth Odyssey: The Essential Road Map For Your Financial Journey Where Is It You Are Really Trying To Go With Money?

3 of 3 people found the following review helpful.
One of a kind
By Finance practitioner
I read the book from front to cover. It's combination of actuarial principles and the application to highly relevant retirement issues is unique. Most of the actuarial books are impossible to read even for well trained economists. A way to keep consulting income for actuaries? There is a huge gap between finance people and insurance guys. Milevskys book is a long needed and important step to bring those two branches closer together - to start solving real problems in real life. A must have on the desk of financial planners, retirement economists and bankers looking for problems which are difficult but relevant in application.

1 of 1 people found the following review helpful.
wanna-be actuary planning his own retirement savings payout
By Ed Speartooth
Perfect for me a wanna-be actuary puzzled by people throwing out 4% withdrawal rules and 20% savings rates and wondering where in the hell those numbers came from. This book explains the formulas used to derive them and enables you to apply your own assumptions and get your own numbers. Full explanation of why he prefers a probability distribution for expected returns rather than montecarlo simulations using historical returns. Formulas given give you confidence that your monte carlo model is giving you reasonable results.

Not all formulas derived from scratch, but proof available on the web.

Essential if you want to "do the math" or make reasonableness checks on monte carlo model outputs.

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Thursday, 4 September 2014

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Proven Methods for Building Secure Java-Based Web Applications

Develop, deploy, and maintain secure Java applications using the expert techniques and open source libraries described in this Oracle Press guide. Iron-Clad Java presents the processes required to build robust and secure applications from the start and explains how to eliminate existing security bugs. Best practices for authentication, access control, data protection, attack prevention, error handling, and much more are included. Using the practical advice and real-world examples provided in this authoritative resource, you'll gain valuable secure software engineering skills.

Establish secure authentication and session management processes
Implement a robust access control design for multi-tenant web applications
Defend against cross-site scripting, cross-site request forgery, and clickjacking
Protect sensitive data while it is stored or in transit
Prevent SQL injection and other injection attacks
Ensure safe file I/O and upload
Use effective logging, error handling, and intrusion detection methods
Follow a comprehensive secure software development lifecycle

"In this book, Jim Manico and August Detlefsen tackle security education from a technical perspective and bring their wealth of industry knowledge and experience to application designers. A significant amount of thought was given to include the most useful and relevant security content for designers to defend their applications. This is not a book about security theories, it’s the hard lessons learned from those who have been exploited, turned into actionable items for application designers, and condensed into print." ―From the Foreword by Milton Smith, Oracle Senior Principal Security Product Manager, Java

Sales Rank: #694133 in Books
Published on: 2014-09-09
Released on: 2014-09-09
Original language: English
Number of items: 1
Dimensions: 9.10" h x .70" w x 7.40" l, 1.16 pounds
Binding: Paperback
304 pages

About the Author

Jim Manico (Hawaii) is an independent software security educator. He has more than 18 years' experience with the Java programming language. Jim is also a global board member for the OWASP foundation.

August Detlefsen (San Francisco, CA) is a senior application security consultant with more than 18 years’ experience in software development, enterprise application architecture, and information security. He is an active member of OWASP.

Most helpful customer reviews

8 of 8 people found the following review helpful.
security on so many levels
By Jeanne Boyarsky
It's taken me a while to write a review of “Iron-Clad Java: Building Secure Web Applications” because it motivated me to fix two security vulnerabilities in CodeRanch – clickjacking and brute force login. (and I didn't want to post this review until they were deployed)

The concepts were explained clearly in addition to tactics and patterns/anti-patterns. I particularly liked the emphasis on security vs usability. The explanation for the different types of XSS attacks and using encoding appropriate to the context was excellent. I like that there was a whole chapter on logging.

I learned a lot reading this book; even about topics I thought I knew a lot about. I hadn't known oWASP had an HTML validator. I hadn't heard of null byte attacks.

For many of the vulnerabilities, the book suggests libraries you can use to help. I hadn't heard of Apache Shiro. I was surprised OWASP's CSRF filter wasn't mentioned though.

The book targets Java developers, project managers, web security penetration testers and technical managers. I was skeptical that a book with so much code could be useful to managers. After reading the book, I'm convinced. Skipping over the coding sections gives managers an appreciation and the vocabulary for discussion security with their staff.

If you have a web app, you should definitely get this book.
---
Disclosure: I received a copy of this book from the publisher in exchange for writing this review on behalf of CodeRanch.

7 of 7 people found the following review helpful.
This is a must-have book for anyone architecting or developing ...
By Steve Springett
This is a must-have book for anyone architecting or developing webapps in Java. The advice is solid, un-biased, and framework agnostic, so the lessons learned from it should apply to any project. The takeaways from reading it will be a solid understanding of what is wrong with many webapps (in general) and corrective measures you can take to mitigate the issues. I highly encourage dev teams to collaborate on the examples in the book.

7 of 7 people found the following review helpful.
If you are looking for advice on current secure software development best practices, this book is invaluable
By R. Perris
Concise coverage of all the essential topics. Iron-Clad Java is a winner. If you are looking for advice on current secure software development best practices, this book is invaluable. The writing style stays conversational, while delivering the specific facts a developer needs to implement the recommendations.

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Tuesday, 2 September 2014

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