How to value risk

Date

2012

Authors

Shen, B.
Elliott, R.

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Journal article

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Expert Systems with Applications, 2012; 39(5):6111-6115

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Leo Shen, Robert J. Elliott

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Abstract

We review various risk measures which have been introduced. By considering backward stochastic difference equations related to a single jump process, we define some risk measures related to the solutions. Some simple numerical examples are given.

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Copyright © 2011 Elsevier Ltd. All rights reserved.

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