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changes in conditions such as when confronting the tourism business risk diversification and economies of scale. This article …) accommodation (and accompanying services) diversification, depending on the changes in the critical quantity of economies of scale …. An analytical mathematical model is used for determining the diversification and economies of scale, and the parameters …
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In measuring its Operational Risk VaR, a bank needs to pay attention when including external data in its internal loss collection. In principle, these data should be scaled consistently to the specific nature of the bank's risk, but this is not done by the majority of institutions with advanced...
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