This book is about how models can be developed to represent demand and supply on markets, where the emphasis is on demand models. Its primary focus is on models

From 1976 to the beginning of the millennium—covering the quarter-century life span of this book and its predecessor—something remarkable has happened to ma

Interest rate traders have been using the SABR model to price vanilla products for more than a decade. However this model suffers however from a severe limitati

The contributors explore the reasons why involuntary unemployment happens when supply equals demand.

This volume presents advanced techniques to modeling markets, with a wide spectrum of topics, including advanced individual demand models, time series analysis,