Abstract
In recent years the need to quantifying risk has become increasingly important to financial institutions for a number of reasons: the necessity for more efficient controlling due to globalisation and sharply increased trading volumes; management of new financial derivatives and structured products; and enforced legislation setting out the capital requirements for trading activities.
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Breckling, J., Eberlein, E., Kokic, P. (2000). A Tailored Suit for Risk Management: Hyperbolic Model. In: Franke, J., Stahl, G., Härdle, W. (eds) Measuring Risk in Complex Stochastic Systems. Lecture Notes in Statistics, vol 147. Springer, New York, NY. https://doi.org/10.1007/978-1-4612-1214-0_12
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DOI: https://doi.org/10.1007/978-1-4612-1214-0_12
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