Definitions of risk [electronic resource] / Norvald Instefjord.
Material type:![Film](/opac-tmpl/lib/famfamfam/VM.png)
Animated audio-visual presentations with synchronized narration.
Title from title frames.
Contents: Distributional properties of risk -- Variance -- Risk aversion and variance aversion -- First order stochastic dominance -- Second order stochastic dominance -- Axiomatic approach to risk measures -- Risk as a choice variable -- Acceptable and non-acceptable risk -- Single-dimensional risk measures -- Risk measure and risk capital -- Coherent risk measurers -- Value-at-Risk (VaR) is not coherent -- TailVaR and worst conditional expectations -- Rothschild/Stiglitz increasing risk -- Conclusions: risk definition depends on context and purpose.
Access restricted to subscribers.
Mode of access: World Wide Web.