Francesca Campolongo's Books

Global Sensitivity Analysis

The Primer

By: Andrea Saltelli,Marco Ratto,Terry Andres,Francesca Campolongo,Jessica Cariboni,Debora Gatelli,Michaela Saisana,Stefano Tarantola

Write a review Read reviews Take a Quiz Solve Book Puzzle

Global Sensitivity Analysis

The Primer

By: Andrea Saltelli,Marco Ratto,Terry Andres,Francesca Campolongo,Jessica Cariboni,Debora Gatelli,Michaela Saisana,Stefano Tarantola

Complex mathematical and computational models are used in all areas of society and technology and yet model based science is increasingly contested or refuted, especially when models are applied to controversial themes in domains such as health, the environment or the economy. More stringent standards of proofs are demanded from model-based numbers, especially when these numbers represent potential financial losses, threats to human health or the state of the environment. Quantitative sensitivity analysis is generally agreed to be one such standard. Mathematical models are good at mapping assumptions into inferences. A modeller makes assumptions about laws pertaining to the system, about its status and a plethora of other, often arcane, system variables and internal model settings. To what extent can we rely on the model-based inference when most of these assumptions are fraught with uncertainties? Global Sensitivity Analysis offers an accessible treatment of such problems via quantitative sensitivity analysis, beginning with the first principles and guiding the reader through the full range of recommended practices with a rich set of solved exercises. The text explains the motivation for sensitivity analysis, reviews the required statistical concepts, and provides a guide to potential applications. The book: Provides a self-contained treatment of the subject, allowing readers to learn and practice global sensitivity analysis without further materials. Presents ways to frame the analysis, interpret its results, and avoid potential pitfalls. Features numerous exercises and solved problems to help illustrate the applications. Is authored by leading sensitivity analysis practitioners, combining a range of disciplinary backgrounds. Postgraduate students and practitioners in a wide range of subjects, including statistics, mathematics, engineering, physics, chemistry, environmental sciences, biology, toxicology, actuarial sciences, and econometrics will find much of use here. This book will prove equally valuable to engineers working on risk analysis and to financial analysts concerned with pricing and hedging.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

304

Publisher

John Wiley & Sons

Published Date

ISBN 10

0470725176

ISBN 13

9780470725177

Sensitivity Analysis in Practice

A Guide to Assessing Scientific Models

By: Andrea Saltelli,Stefano Tarantola,Francesca Campolongo,Marco Ratto

Write a review Read reviews Take a Quiz Solve Book Puzzle

Sensitivity Analysis in Practice

A Guide to Assessing Scientific Models

By: Andrea Saltelli,Stefano Tarantola,Francesca Campolongo,Marco Ratto

Sensitivity analysis should be considered a pre-requisite for statistical model building in any scientific discipline where modelling takes place. For a non-expert, choosing the method of analysis for their model is complex, and depends on a number of factors. This book guides the non-expert through their problem in order to enable them to choose and apply the most appropriate method. It offers a review of the state-of-the-art in sensitivity analysis, and is suitable for a wide range of practitioners. It is focussed on the use of SIMLAB – a widely distributed freely-available sensitivity analysis software package developed by the authors – for solving problems in sensitivity analysis of statistical models. Other key features: Provides an accessible overview of the current most widely used methods for sensitivity analysis. Opens with a detailed worked example to explain the motivation behind the book. Includes a range of examples to help illustrate the concepts discussed. Focuses on implementation of the methods in the software SIMLAB - a freely-available sensitivity analysis software package developed by the authors. Contains a large number of references to sources for further reading. Authored by the leading authorities on sensitivity analysis.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

232

Publisher

John Wiley & Sons

Published Date

ISBN 10

047087094X

ISBN 13

9780470870945

Quantitative Assessment of Securitisation Deals

By: Francesca Campolongo,Henrik Jönsson,Wim Schoutens

Write a review Read reviews Take a Quiz Solve Book Puzzle

Quantitative Assessment of Securitisation Deals

By: Francesca Campolongo,Henrik Jönsson,Wim Schoutens

The book draws on current research on model risk and parameter sensitivity of securitisation ratings. It provides practical ideas and tools that can facilitate a more informed usage of securitisation ratings. We show how global sensitivity analysis techniques can be used to better analyse and to enhance the understanding of the uncertainties inherent in ratings due to uncertainty in the input parameters. The text introduces a novel global rating approach that takes the uncertainty in the ratings into account when assigning ratings to securitisation products. The book also covers new prepayment and default models that overcome flaws in current models.

Average ratings

N/A