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Operational risk modeling analytics
This book is is designed for the risk analyst who wishes to better understand the mathematical models and methods used in the management of operational risk in the banking and insurance sectors. Many of the techniques in this book are more generally applicable to a wide range of risks. However, each sector has its unique characteristics, its own data sources, and its own risk migation and management strategies. Other major risk classes in the banking sector include credit risk and market risk. In addition to these, the insurance sector also assumes the risk in the insurance contracts that it sells. The product risk in the insurance sector may dominate all other risk classes. This book is organized around the principle that much the analysis of operational risk consists of the collection of data and the building of mathematical models to describe risk. I have not assumed that the reader has any substantial knowledge of operational risk terminology or of mathematical statistics. However, the book is more challenging technically than some other books on the topic of operational risk but less challenging than others that focus on risk mathematics. This is intentional. The purpose of the book is to provide detailed analytical tools for the practicing risk analyst as well as serving as a text for a university course. This book could serve as a text at the senior undergraduate or first-year graduate level for a course of one semester for students with a reasonable background in statistics, because many sections of the book can be covered rapidly. Without a moderate background in statistics, students will require two semesters to cover the material in this book. For chapters involving numerical computations, there are many exercises for students to practice and ... Xlll xiv PREFACE reinforce concepts in the text. Many of the concepts in this book have been developed in the insurance field, where the modeling and management of risk is a core activity. This book is built on previous books by this author along with co-authors, in particular Loss Distributions [53], Insurance Risk Models [93], and two editions of Loss Models: From Data to Decisions [
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| Tan 658. 155 Pan o | PSB lt.dasar - Pascasarjana | 0 |
| Penerbit | Hobogen John Wiley & Sons., 2006 |
|---|---|
| Edisi | - |
| Subjek | Risk management |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |