+1 (229) 255-3712
glass
pen
clip
papers
heaphones

  

1. Analyze the article in a critical way

2. Explain the concept of value at risk and expected shorfall

3. What are the requirement of Basel 3 and how they differ from Basel 2.

4. How did the authors derive the relationship between VaR and ES on one hand and the utility function from the other hand