Risk Measures and Attitudes (Paperback, 2013 ed.)

Risk has been described in the past by a simple measure, such as the variance, and risk attitude is often considered simply a degree of risk aversion. However, this viewpoint is usually not sufficient."Risk Measures and Attitudes"collects contributions whichillustrate how modern approaches to both risk measures and risk attitudes are inevitably intertwined. The settings under which this is discussed includeportfolio choice, mitigating credit risk and comparing risky alternatives.

This book will be a useful study aid for students and researchers of actuarial science or risk management as well as practitioners."

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