Intro -- Contents -- List of Contributors -- About the Editors -- Introduction -- 1. Introduction -- 2. This Issue -- 3. Future Directions -- References -- Chapter 1: Investigating International Portfolio Diversification Opportunities for the Asian Islamic Stock Market Investors -- 1....

This study investigates the simplicity and adequacy of tail-based risk measures-valueat-risk (VaR) and expected shortfall (ES)-when applied to tail targeting of the extreme value (EV) model. We implement Lévy-VaR and ES risk measures as full density-based alternatives to the generalized Pareto...