IIT Professor of Applied Mathematics Tomasz Bielecki Co-Authors “Counterparty Risk and Funding: A Tale of Two Puzzles”

IIT Professor of Applied Mathematics Tomasz R. Bielecki, along with Stéphane Crépey and Damiano Brigo, addresses the credit crisis and ongoing European sovereign debt challenges in the book “Counterparty Risk and Funding: A Tale of Two Puzzles.” In addition, the book also shows the importance of the proper assessment and management of counterparty risk and explores this particularly challenging issue in portfolio credit modeling.

Professor Bielecki also teaches for the Master’s in Mathematical Finance (M.M.F.) program, offered by IIT Stuart in partnership with the IIT College of Science Applied Mathematics Department.

Read more about his book at IIT Today.