Beyond comparative statics

risk-davidrowe-gif

It is sometimes said that when your only tool is a hammer every problem looks like a nail. That is a rather picturesque way of saying that, to a greater or lesser extent, we all tend to be prisoners of our personal training and experience. In the past 15 to 20 years, financial risk managers have built elaborate and complex simulation systems to evaluate the impact of short-term movements in market variables. Driven first by the desire for some consistent means of comparing as well as aggregating

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: