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Modelling Operational Risk Using Bayesian Inference

About Modelling Operational Risk Using Bayesian Inference

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.

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  • Language:
  • English
  • ISBN:
  • 9783642423536
  • Binding:
  • Paperback
  • Pages:
  • 302
  • Published:
  • October 14, 2014
  • Edition:
  • 2011
  • Dimensions:
  • 155x235x17 mm.
  • Weight:
  • 492 g.
Delivery: 1-2 weeks
Expected delivery: October 11, 2024

Description of Modelling Operational Risk Using Bayesian Inference

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.

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