The Known, the Unknown, and the Unknowable in Financial Risk Management —— Measurement and Theory Advancing Practice

----- 已知，未知和不可知的金融风险管理:推进实践的测量和理论

ISBN: 9780691128832 出版年：2010 页码：390 Princeton University Press

A clear understanding of what we know, don't know, and can't know should guide any reasonable approach to managing financial risk, yet the most widely used measure in finance today--value at risk, or var--reduces these risks to a single number, creatin