MODELING, MEASURING AND MANAGING RISK

Book info: MODELING, MEASURING AND MANAGING RISK (Hardcover, 304 pages) – World Scientific Publishing Company, 2008. Language: English.

This book is the first in the market to treat single- and multi-period risk measures (risk functionals) in a thorough, comprehensive manner. It combines the treatment of properties of the risk measures with the related aspects of decision making under risk.

The book introduces the theory of risk measures in a mathematically sound way. It contains properties, characterizations and representations of risk functionals for single-period and multi-period activities, and also shows the embedding of such functionals in decision models and the properties of these models.