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Keywords: Measurement
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Journal Articles
Journal:
Balance Sheet
Balance Sheet (2002) 10 (4): 13–17.
Published: 01 December 2002
...Andreas Krause It is shown that the widely used risk measures standard deviation and value at risk do not always reflect risk preferences accurately. To overcome these problems in risk measurement a class of coherent risk measures has been proposed. We introduce the idea behind these measures...
