Read While You Wait - Get immediate ebook access, if available*, when you order a print book

Risk Measurement

From Quantitative Measures to Management Decisions

Authors: Guégan, Dominique, Hassani, Bertrand

Free Preview
  • Discusses new methodologies to capture and measure risk
  • Includes compliance and regulatory aspects of risk measurement
  • Offers practical case studies related to risk measurement
see more benefits

Buy this book

eBook £55.99
price for United Kingdom (gross)
  • ISBN 978-3-030-02680-6
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £69.99
price for United Kingdom (gross)
  • ISBN 978-3-030-02679-0
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
About this Textbook

This book combines theory and practice to analyze risk measurement from different points of view. The limitations of a model depend on the framework on which it has been built as well as specific assumptions, and risk managers need to be aware of these when assessing risks. The authors investigate the impact of these limitations, propose an alternative way of thinking that challenges traditional assumptions, and also provide novel solutions. Starting with the traditional Value at Risk (VaR) model and its limitations, the book discusses concepts like the expected shortfall, the spectral measure, the use of the spectrum, and the distortion risk measures from both a univariate and a multivariate perspective. 

About the authors

Dominique Guégan is Professor Emeritus (Applied Mathematics and Applications of Mathematics) at the Université Paris 1 Panthéon Sorbonne. 


Bertrand K. Hassani is Chief Solutions Officer at Instadeep, Honorary Reader at University College London (Computer Science) and Associate Researcher at Université Paris 1 Panthéon Sorbonne.


Reviews

“The book is a useful reading for both academics and practitioners in the field of financial and actuarial management.” (Pavel Stoynov, zbMATH 1426.91004, 2020)

Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook £55.99
price for United Kingdom (gross)
  • ISBN 978-3-030-02680-6
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £69.99
price for United Kingdom (gross)
  • ISBN 978-3-030-02679-0
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Risk Measurement
Book Subtitle
From Quantitative Measures to Management Decisions
Authors
Copyright
2019
Publisher
Springer International Publishing
Copyright Holder
Springer Nature Switzerland AG
eBook ISBN
978-3-030-02680-6
DOI
10.1007/978-3-030-02680-6
Hardcover ISBN
978-3-030-02679-0
Edition Number
1
Number of Pages
XIV, 215
Number of Illustrations
14 b/w illustrations, 16 illustrations in colour
Topics

*immediately available upon purchase as print book shipments may be delayed due to the COVID-19 crisis. ebook access is temporary and does not include ownership of the ebook. Only valid for books with an ebook version. Springer Reference Works are not included.