riskiness to continuous random variables. For many continuous random variables, the risk measure is equal to the worst-case risk … measure, i.e. the maximal possible loss incurred by that gamble. We also extend the Foster-Hart risk measure to dynamic …

Value-at-Risk bounds for aggregated risks have been derived in the literature in settings where besides the marginal … distributions of the individual risk factors one-sided bounds for the joint distribution respectively the copula of the risks are … available. In applications it turns out that these improved standard bounds on Value-at-Risk tend to be too wide to be relevant …

We develop robust models for optimization of the VaR and CVaR risk measures with a minimum expected return constraint …

assumptions alone in measuring risk. Cushioning against risk has always created a plethora of complexities and challenges; hence …, this paper attempts to analyse statistical properties of various risk measures in a not normal distribution and provide a … financial blueprint on how to manage risk. It is assumed that using old assumptions of normality alone in a distribution is not …

entropy. To measure risk, we use value-at-risk and conditional value-at-risk. The results indicate that, except for Tether …, the analyzed cryptocurrencies’ returns exhibited similar patterns of uncertainty and risk. Levels of uncertainty were … close to the maximum values, but high uncertainty is not always associated with high risk. During the pandemic crisis …

-Balaton 2023 European Capital of Culture region (VEB 2023 region). The study aims to adapt the PwC Risk Management Model and …), what lessons they learned, and what risk management decisions they made as a challenge of the pandemic period from a …