Arsen Balishyan Ph D : 1 book
Risk Evaluation and Financial Crises
Review of New Approaches to Risk Evaluation: VaR Criticism, Alternatives and Modifications
Language: English
Release Date: July 13, 2011
The classification, measurement, and management of risk are central problems in the investment process. Over the past 25 years, Value at Risk (VaR) became the common universal standard in risk measurement. However, the financial crisis of 2007/2009 clearly demonstrated great discrepancies in risk estimates...
