(intime)?howeverabsolutelygeneral Part1:DefiningaRiskMeasure Thequalitativeconceptof“risk”and“riskpremium”Everybodyhasaninnatefeelingforfinancialrisk...moreorlessthis...Howtodefineriskinaquantitativefashion?...ConceptofRisk ?RiskMeasure fundamentalshared principles test requirements(axioms)onthe ...
Finally, we have found that more conservative risk measurements do not improve the fairness of the cost of capital allocation when the uncertainty with parameter estimation is present, even at a very high level.doi:10.1016/j.insmatheco.2016.10.003Alexandru V. Asimit...
Risk measurements go hand in hand with setting of capital minima by companies as well as by regulators. We review the properties of coherent risk measures and examine their implications for capital requirement in insurance. We also comment on the specific risk-based capital computations.Philippe ...
SOA Seminar: Integrated Approaches to Risk Measurement in the Financial Service... Risk measurements go hand in hand with setting of capital minima by companies as well as by regulators. We review the properties of coherent risk measures ......
identical and are related to the former construction when the sets fulfill a stability condition also met in multiperiod treatment of ambiguity as in decision-making. We finally deduce risk measurements for the final value of locked-in positions and repeat a warning concerning Tail-Value-at-Risk....
Coherent Allocation of Risk Capital 来自 学术范 喜欢 0 阅读量: 204 作者: M Denault 摘要: The allocation problem stems from the diversification e#ect observed in risk measurements of financial portfolios: the sum of the risk measures of many portfolios is typically larger than the risk of all...
Shape measurements of a segmented mirror with nanometer accuracy: the APE Internal Metrology This paper presents a non-contact, optical metrology system that allows to measure the pistons and tip/tilt angles of a compact-sized, flat segmented mirro... R Wilhelm,A Courteville,Sebastien Estival,.....
“Risk Factors” identified from time to time in filings of the Company; (iii) the substantial indebtedness the Company incurred in connection with its acquisition of Coherent, Inc. (the “Transaction”), the need to generate sufficient cash flows to service and repay such debt, and the ...
摘要: A feasibility study of tropospheric wind measurements using a coherent Doppler lidar aboard a super low altitude satellite is being conducted in Japan. The considered lidar uses a ... 查看全部>>关键词:Doppler lidar satellite remote sensing wind aerosol simulation ...
Excellent agreement was found between the vibrational features observed by PR/CARS and those obtained from spontaneous resonance Raman measurements from the same isotopically substituted BR pigments. Several new vibrational features were also found from the PR/CARS data. Vibrational Raman data from three...