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 ...

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 ...

The corresponding credit value-at-risk (VaR), is the minimum loss of next year if the worst 0.03 percent event happens. In another words, 99.97 percent of the time the loss will not be greater than ...

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.

An ad hoc committee will organize presentations and discussions on how risk and uncertainty influence decision making as the focal point of the summer (June 19-20, 2012) meeting of the ...