Part I. Exotic options --
Passport to success --
Similarities via self-similarities --
Predictability and unpredictability in financial markets --
Universal barriers --
Pricing of vanilla and first-generation exotic options in the local stochastic volatility framework: survey and new results --
Part II. Volatility smile --
Black-scholes goes hypergeometric --
The reduction method for valuing derivative securities --
The vol smile problem --
Assets with jumps --
Stochastic volatility models and Kelvin waves --
Filling the gaps --
Asymtotics for exponential lévy processes and their volatility smile: survey and new results --
Oscillating bachelier and black-scholes formulas --
Part III. Credit risk --
Dynamic credit models --
Credit value adjustment for credit default swaps via the structural default model --
Credit default swaps with and without counterparty and collateral adjustments --
Pricing credit default swaps with bilateral value adjustments --
Part IV. Money and markets --
Trading strategies via book imbalance --
Modern monetary circuit theory, stability of interconnected banking network, and balance sheet optimization for individual banks --
Structural default model with mutual obligations.

Edited by Alexander Lipton (Quant of the Year, 2000), this volume is a collection of Lipton's important and original papers on financial engineering over his 20-year career as a preeminent quant working for leading financial institutions in New York, Chic