On Some Layer-Based Risk Measures with Applications to Exponential Dispersion Models

Layer-based counterparts of a number of well-known risk measures have been proposed and studied. Namely, some motivations and elementary properties have been discussed, and the analytic tractability has been demonstrated by developing closed-form expressions in the general framework of exponential d...

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Main Authors: Olga Furman, Edward Furman
Format: Article
Language:English
Published: Wiley 2010-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2010/357321
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author Olga Furman
Edward Furman
author_facet Olga Furman
Edward Furman
author_sort Olga Furman
collection DOAJ
description Layer-based counterparts of a number of well-known risk measures have been proposed and studied. Namely, some motivations and elementary properties have been discussed, and the analytic tractability has been demonstrated by developing closed-form expressions in the general framework of exponential dispersion models.
format Article
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institution OA Journals
issn 1687-952X
1687-9538
language English
publishDate 2010-01-01
publisher Wiley
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series Journal of Probability and Statistics
spelling doaj-art-27d3bfa903224e02b836e2f0804ee5472025-08-20T02:04:19ZengWileyJournal of Probability and Statistics1687-952X1687-95382010-01-01201010.1155/2010/357321357321On Some Layer-Based Risk Measures with Applications to Exponential Dispersion ModelsOlga Furman0Edward Furman1Actuarial Research Center, University of Haifa, Haifa 31905, IsraelDepartment of Mathematics and Statistics, York University, Toronto, ON, M3J 1P3, CanadaLayer-based counterparts of a number of well-known risk measures have been proposed and studied. Namely, some motivations and elementary properties have been discussed, and the analytic tractability has been demonstrated by developing closed-form expressions in the general framework of exponential dispersion models.http://dx.doi.org/10.1155/2010/357321
spellingShingle Olga Furman
Edward Furman
On Some Layer-Based Risk Measures with Applications to Exponential Dispersion Models
Journal of Probability and Statistics
title On Some Layer-Based Risk Measures with Applications to Exponential Dispersion Models
title_full On Some Layer-Based Risk Measures with Applications to Exponential Dispersion Models
title_fullStr On Some Layer-Based Risk Measures with Applications to Exponential Dispersion Models
title_full_unstemmed On Some Layer-Based Risk Measures with Applications to Exponential Dispersion Models
title_short On Some Layer-Based Risk Measures with Applications to Exponential Dispersion Models
title_sort on some layer based risk measures with applications to exponential dispersion models
url http://dx.doi.org/10.1155/2010/357321
work_keys_str_mv AT olgafurman onsomelayerbasedriskmeasureswithapplicationstoexponentialdispersionmodels
AT edwardfurman onsomelayerbasedriskmeasureswithapplicationstoexponentialdispersionmodels