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In Volatility and Correlation 2nd edition: The Perfect Hedger and the Fox, Rebonato looks at derivatives pricing from the angle of volatility and correlation. With both practical and theoretical applications, this is a thorough update of the highly successful Volatility & Correlation – with over 80% new or fully reworked material and is a must have both for practitioners and for students. The new and updated material includes a critical examination of the ‘perfect-replication’ approach to derivatives pricing, with special attention given to exotic options; a thorough analysis of the role of quadratic variation in derivatives pricing and hedging; a discussion of the informational efficiency of markets in commonly-used calibration and hedging practices. Treatment of new models including Variance Gamma, displaced diffusion, stochastic volatility for interest-rate smiles and equity/FX options. The book is split into four parts. Part I deals with a Black world without smiles, sets out the author’s ‘philosophical’ approach and covers deterministic volatility. Part II looks at smiles in equity and FX worlds. It begins with a review of relevant empirical information about smiles, and provides coverage of local-stochastic-volatility, general-stochastic-volatility, jump-diffusion and Variance-Gamma processes. Part II concludes with an important chapter that discusses if and to what extent one can dispense with an explicit specification of a model, and can directly prescribe the dynamics of the smile surface. Part III focusses on interest rates when the volatility is deterministic. Part IV extends this setting in order to account for smiles in a financially motivated and computationally tractable manner. In this final part the author deals with CEV processes, with diffusive stochastic volatility and with Markov-chain processes. Praise for the First Edition: “In this book, Dr Rebonato brings his penetrating eye to bear on option pricing and hedging.… The book is a must-read for those who already know the basics of options and are looking for an edge in applying the more sophisticated approaches that have recently been developed.” —Professor Ian Cooper, London Business School “Volatility and correlation are at the very core of all option pricing and hedging. In this book, Riccardo Rebonato presents the subject in his characteristically elegant and simple fashion…A rare combination of intellectual insight and practical common sense.” —Anthony Neuberger, London Business School

Later career, 'the second half of the game', is not, as it is often perceived to be, a period of decline or a black hole, but an inspirational time of Generative Leadership and a challenging opportunity for better tactics. This book explores common fears and uncertainties about the second half of the game, enabling you to feel comfortable exploring opportunities previously outside of your comfort zone and feel confident about your future. The common language and frameworks will help you to influence your organisation to create innovative new models and opportunities around leadership, both for yourself and your colleagues. Cases and stories from high profile business, public sector and sports professionals along side practical diagnoses, will inspire, show you how to take more personal control and determine what combination of things you really want in the second half - with the tools and techniques to make this happen. This is a practical leadership guide for anyone in management concerned with what their life, career and leadership capabilities will look like once they approach and enter what used to be the traditional 'retirement' age and move into the second half of the game. David Grayson, Director of the Doughty Centre for Corporate Responsibility at Cranfield School of Management, "I know from both the demographic data across the developed world and the personal experiences of many people that I meet socially and professionally that Julie is on to something very timely with her message."

'Why don’t young athletes in sport just quit?’ Starting with this question and drawing on existential philosophy, phenomenology and hermeneutics, Talent Development, Existential Philosophy and Sport seeks a deeper understanding of the experience of being a talented young sportsperson striving to become an elite athlete. As an alternative to conventional approaches to talent development governed by a worldview of instrumental rationality, the book introduces key ideas from educational philosophy to describe talent development through the concept of elite-Bildung. It pursues an existential understanding of developing in sport as a process of freedom, self-transcendence, striving for excellence and building up habits. The book highlights a range of ambiguous and intriguing existential phenomena – most prominently wonder, question, expression, humour and repetition – and reveals an existential layer of meaning within talent development in sport, which can facilitate the process of becoming an elite athlete and give young athletes a number of reasons not to quit. By deepening our understanding of performance and development in sport, and the process of becoming an elite player, this book is important reading for any serious student or researcher working in the philosophy of sport, sports coaching, sports development, sport psychology or applied sport science.

THEORY AND EXPLANATION IN GEOGRAPHY “With this book Henry Yeung puts Geography back into the driver’s seat of new theory development. Foregrounding mid-range theories and mechanism-based explanations, he offers a pragmatic approach that has the capacity to shape the wider social sciences for years to come. The timing of this intervention is pitch-perfect, as scholars search for ways to understand and intervene in an increasingly distrustful and polarized world.” —KATHARYNE MITCHELL, Distinguished Professor, University of California, Santa Cruz, USA “Critical human geography possesses a distinctive theory culture—pluralist, creative, distributed, restless, contested—prone to “turning,” wary of orthodoxies and fixed positions. In this original and provocative contribution, the leading economic geographer Henry Yeung steps out beyond his home turf to engage styles and practices of theorizing across this diverse field, carving out a new remit and rubric for middle-range theorizing.” —JAMIE PECK, Canadian Research Chair and Distinguished University Scholar, University of British Columbia, Canada Grounded in a generous reading of a multitude of critical approaches in human geography and their diverse conceptions of theory, Theory and Explanation in Geography draws upon cutting-edge debates on the mechanism-based approach to theory and explanation in analytical sociology, political science, and the philosophy of social sciences to inform current and future geographical thinking on theory. This consolidated conceptual work represents an extension and much further development of the author’s well-cited works on relational geography, critical realism and causal explanation, process-based methodology, globalization and the theory of global production networks, and “theorizing back” and situated knowledges that were published in leading journals in Geography. The work has several chapters that identify new directions for Geography’s current and future engagement with the wider social sciences and relevant research agendas in geographical thought. Its main chapters provide the necessary conceptual toolkits for mobilizing such an expanding research program in the 2020s and beyond. Compared to typical texts on geographical thought, this book is less retrospective and historical and more prospective in nature. Detailing why and how mid-range explanatory theories can be better developed through causal mechanisms and relational thinking that have been revitalized in the social sciences, Theory and Explanation in Geography is an essential read for academics, geographers, and scholars seeking unique perspective on an important facet of the field.

Get up to date on the latest UK GAAP, with practical applicationguidance Interpretation and Application of UK GAAP is acomprehensive, practical guide to applying UK GAAP at all levels,for accounting periods commencing on or after January 1, 2015. Thisbook examines all of the core principles for every business, fromsubsidiaries of major listed companies right down to the verysmall, owner-managed business. Each chapter includes a list ofrelevant disclosure requirements to facilitate understanding, andreal-world examples bring theory to life to provide guidance towardeveryday application. Readers gain practical insight into thepreparation of accounts under the EU-adopted IFRS, FRSs 100, 101,and 102, the FRSSE, and the Companies Act 2006, with expertguidance as to which requirements apply in which situations, and towhich companies, and the type of disclosure each scenario requires.The book also includes detailed analysis of the planned changes tothe Small Companies' Regime which are scheduled to take effect in2016. With sweeping changes coming into effect from January1st 2015, financial statement preparers must have asound appreciation of how the new UK GAAP works. This book providesa complete guide, with the latest regulations and straightforwardadvice on usage. Understand UK GAAP application at all levels Learn how to handle all relevant key accounting treatments Refer to complete disclosure requirement lists for eachtopic Get up to date on the latest area-specific practices With new accounting practices in many broad areas includinginvestment property, inventory valuations, deferred tax, fixedassets, and more, auditors and accountants need an awareness of howthe new financial reporting regime will affect them.Interpretation and Application of UK GAAP is the mostcomprehensive reference, with the latest information and practicalguidance.

Fundamentals of Palliative Care for Student Nurses is a thorough yet accessible introduction and overview of a key area of the nursing programme. This textbook clearly explains the palliation of symptoms and the social context of death and dying. Engaging with the latest guidelines and curriculum, it highlights the practical and communicative skills required for induction programmes and continuing professional development. KEY FEATURES: A full-colour, student-friendly, introduction to the essentials of palliative, or end of life care A topical and timely subject area, explored clearly and concisely Full of interactive pedagogy and features, including quizzes, multiple choice questions, vignettes/case studies and activities Features a companion website with links to further reading, additional activities and resources, and self-testing interactive multiple choice questions Fundamentals of Palliative Care for Student Nurses focuses on this area with expert knowledge and compassion, preparing students in order to help them provide the best possible care for their patients and their families.

This is the first book in English to explore in detail the genesis and consequences of Lacan's concept of the 'Real', providing readers with an invaluable key to one of the most influential ideas of modern times.