Pricing Credit Products
In the wake of the 2008 financial crisis, it became apparent that pricing loans in a way that is profitable for lenders and sensitive to risk is anything but simple. Increasingly, lenders are following the lead of other retailers by segmenting their market and more precisely targeting customers. To do this successfully, lenders must engage analytic approaches, such as machine learning and optimization, in setting prices for each segment.
Robert L. Phillips worked with major banks and financial services companies for more than a decade to help them improve their pricing capabilities. This book draws on his experience, as well as the latest academic research, to demonstrate how lenders can apply the proven techniques of price optimization to responsibly improve the profitability of their loans. It is a go-to resource for academics and professionals alike, particularly lenders who are looking for ways to do better business in an increasingly competitive (and regulated) market.
Publisher : Stanford Business Books; 1st edition (July 10, 2018)
Language : English
Hardcover : 256 pages
ISBN-10 : 0804787204
ISBN-13 : 978-0804787208
Item Weight : 1.55 pounds
Dimensions : 7 x 0.5 x 10 inches
$44.08
Price: $44.08
(as of Apr 04, 2024 06:06:56 UTC – Details)
In the wake of the 2008 financial crisis, it became apparent that pricing loans in a way that is profitable for lenders and sensitive to risk is anything but simple. Increasingly, lenders are following the lead of other retailers by segmenting their market and more precisely targeting customers. To do this successfully, lenders must engage analytic approaches, such as machine learning and optimization, in setting prices for each segment.
Robert L. Phillips worked with major banks and financial services companies for more than a decade to help them improve their pricing capabilities. This book draws on his experience, as well as the latest academic research, to demonstrate how lenders can apply the proven techniques of price optimization to responsibly improve the profitability of their loans. It is a go-to resource for academics and professionals alike, particularly lenders who are looking for ways to do better business in an increasingly competitive (and regulated) market.
Publisher : Stanford Business Books; 1st edition (July 10, 2018)
Language : English
Hardcover : 256 pages
ISBN-10 : 0804787204
ISBN-13 : 978-0804787208
Item Weight : 1.55 pounds
Dimensions : 7 x 0.5 x 10 inches
User Reviews
Be the first to review “Pricing Credit Products”
Vendor Information
- No ratings found yet!
There are no reviews yet.