? Does it make sense to handle uncertainty, risk, lack of knowledge, variability or errors altogether ? How reasonable is the … experience, Modelling Under Risk and Uncertainty gives a self-consistent introduction to the methods involved by any type of … some analysts, modelers, risk experts or statisticians develop on the underlying phenomenology of the environmental or …

The aim of this paper is to provide several examples of convex risk measures necessary for the application of the … general framework for portfolio theory of Maier-Paape and Zhu (2018), presented in Part I of this series. As an alternative to … classical portfolio risk measures such as the standard deviation, we, in particular, construct risk measures related to the …