Wow! eBook
Modeling, Measuring and Managing Risk illustrated edition
Author(s): Georg Ch. Pflug (Author), Werner Romisch (Author)
- Publisher: World Scientific Publishing
- Publication Date: 15 Oct. 2007
- Edition: illustrated edition
- Language: English
- Print length: 304 pages
- ISBN-10: 9812707409
- ISBN-13: 9789812707406
Book Description
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.
Editorial Reviews
Review
The book is very useful for researchers, professionals and students in the risk area. –Zentralblatt MATH
