Many industries - reinsurance finance and commercial development, for example - rely on risk analysis technology that utilize Monte Carlo simulation. To bail down the likelihood of success ot failure ...

C-J simulations suggest an increase in the probability of a tail risk event in May. The risk of a tail event, however, continues to remain low. The overall risk profile has become decidedly more ...

A recent report, “Risky Business: The Economic Risks of Climate Change in the United States,” co-chaired by Michael R. Bloomberg, Henry Paulson and Tom Steyer, suggests that “by 2050 between $66 ...

This is a preview. Log in through your library . Abstract Suppose a large economy with individual risk is modeled by a continuum of pairwise exchangeable random variables (i.i.d., in particular). Then ...

Tzveta Iordanova is an expert in credit and risk management, financial reporting, and a writer for online financial services platforms. Andy Smith is a Certified Financial Planner (CFP®), licensed ...