Not another fringe book pushing non-Pareto distributions, fractals and chaos theory, this scholarly text delves into practical non-normal distributions and heteroskedastic processes, including GARCH and stochastic volatility models. There is plenty of material on copulas and multi-variate GARCH. Applications include value-at-risk, portfolio optimization and financial engineering. The book is more scholarly than practical, but even practitioners will benefit from the wealth of modeling techniques and citations of recent scholarly literature ...