--%>
Assignment Help - homework help

Who measured risk as coherent in finance theory

Who measured risk as coherent, in finance theory?

E

Expert

Verified

Artzner et al., in 1997 proposed a set of properties which a measure of risk must satisfy for this to be sensible. This risk measures are termed as coherent.

   Related Questions in Financial Management

  • Q : What are Uses of Wiener

    What are Uses of Wiener Process/Brownian Motion in Finance? Answer: This is the most common stochastic building block for random walks within finance.<

    		•
  • Q : International and domestic financial

    Describe difference between international financial management and domestic financial management?There are three major dimensions which set apart international finance from domestic finance as 1. Foreign exchange & political risks,

    		•
  • Q : Global financial market factors of the

    factors of the growth of the margin market in recent years

    		•
  • Q : Condition to reduce risk when exchange

    Would exchange rate alter always enhance the risk of foreign investment? Describe the condition under which exchange rate changes may in fact reduce the risk of foreign investment. Exchange rates changes require no

    		•
  • Q : Determine the efficiency of Numerical

    Determine the efficiency of Numerical integration?

    		•
  • Q : What is stable Levy Distribution What

    What is stable Levy Distribution?

    		•
  • Q : Banks primary reserves What are a

    What are a bank's primary reserves? When the Fed sets reserve requirements, what is its primary goal?

    		•
  • Q : Risks confronting an interest rate and

    Depict the risks confronting an interest rate & currency swap dealer.An interest rate & currency swap dealer confronts several distinct types of risk. Interest rate risk refers to interest rates altering unfavourably before the swap dea

    		•
  • Q : Factors What are the factors

    What are the factors responsible for the recent surge in international portfolio investment?

    		•
  • Q : International bank crisis involving

    In brief discuss the cause & the solution(s) to the international bank crisis involving less developed countries.The international debt crisis started on August 20, 1982 while Mexico asked more than 100 U.S. and foreign banks to forgive its

    		•