Modeling, Measuring and Managing Risk

By Georg Ch. Pflug and Werner Romisch

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.

• Format: Hardcover
• Language: English
• ISBN: 9812707409
• ISBN13: 9789812707406
• Release Date: April 2008
• Publisher: World Scientific Publishing Company
• Length: 304 Pages
• Weight: 1.35 lbs.
• Dimensions: 0.7" x 6.4" x 9.3"