Pricing Credit Products

Robert L. Phillips (Autor)

Buch | Hardcover

256 Seiten

2018 | New edition
Stanford Business Books,US (Verlag)
978-0-8047-8720-8 (ISBN)

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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.

Robert L. Phillips is Director of Pricing Research at Amazon. He was Director of Marketplace Optimization Data Science at Uber Technologies, Professor of Professional Practice at the Columbia Business School and Founder and Chief Science Officer at Nomis Solutions. He is the author of the award-winning Pricing and Revenue Optimization (Stanford, 2005) and the co-editor of The Oxford Handbook of Pricing Management (2014).

Introduction
1. The Consumer Credit Market
2. Credit Risk
3. Incremental Loan Profitability
4. The Fundamentals of Price Response
5. Estimating Price Response
6. Pricing Segmentation
7. Optimizing Prices
8. Behavioral Economics and Credit Pricing

Erscheinungsdatum	19.07.2018
Zusatzinfo	41 figures, 34 tables
Verlagsort	Palo Alto
Sprache	englisch
Maße	178 x 254 mm
Themenwelt	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
ISBN-10	0-8047-8720-4 / 0804787204
ISBN-13	978-0-8047-8720-8 / 9780804787208
Zustand	Neuware