When VAR (video assistant referee) was introduced into top-flight world football in 2018, many hoped that it would put an end to the uncertainty around offside and penalty decisions. While it may ...

Consider a credit portfolio that consists of default-sensitive instru¬ments such as lines of credit, corporate bonds, and government bonds. The corresponding credit value-at-risk (VaR), is the minimum ...

A transcript of their discussion follows: Blu Putnam: The words risk and uncertainty are often used interchangeably in spoken conversation. In finance, however, there is a critical distinction.

The transition from VaR to ES in regulatory frameworks ... for tail risk measures has provided new insights into risk sharing and model uncertainty. This research extends the understanding ...

Whether as a sponsor or donor, a member or volunteer, or an employee or fellow, you can make a difference. An ad hoc committee will organize presentations and discussions on how risk and uncertainty ...