Csóka, Péter; Herings, Jean-Jacques; Kóczy, László - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2006
Coherent measures of risk defined by the axioms of monotonicity, subadditivity, positive homogeneity, and translation invariance are recent tools in risk management to assess the amount of risk agents are exposed to. If they also satisfy law invariance and comonotonic additivity, then we get a...
