Modeling, Measuring and Managing Risk

by Georg Pflug and Werner Romisch

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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.
  • ISBN10 1281918555
  • ISBN13 9781281918550
  • Publish Date 1 January 2007
  • Publish Status Active
  • Out of Print 17 February 2015
  • Publish Country US
  • Imprint World Scientific Publishing Company
  • Format eBook
  • Pages 286
  • Language English