Modelling Operational Risk Using Bayesian Inference

Pavel V. Shevchenko

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, 2014

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This has formally defined operational risk and introduced corresponding capital requirements. Many banks are undertaking quantitative modelling of operational risk using the Loss Distribution Approach (LDA) based on statistical quantification of the frequency and severity of operational risk losses.

ISBN-13
9783642423536
ISBN-10
3642423531
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Year
2014
Publication date
2014-10-14
Pages
302
Dimensions
235x155x