Review of Modeling Risk: Applying Monte Carlo Simulation, Real Options Analysis, Forecasting, and Optimization Techniques (Wiley Finance) (Hardcover)

I found the discussion on nonparametric simulation, though brief, to be very helpful.The book also inspired me to use Excel's Solver in ways I had not considered before.

Beyond that, I was disappointed.The book is poorly edited and lacks a coherent structure.Once in a while, entire strings of paragraphs are repeated in two different parts of the book.More serious, however, is the fact that the book is largely an advertisement for the author's proprietary software.

If you are looking for a few techniques that you can apply in an Excel environment, you will find a few nuggets here and there.However, you will mostly be skimming through the 600 pages of rambling discussion.



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