The present contribution will address the possibilities of the risk quantification. The theory of risk has been a subject dealt with in many available books by domestic and foreign authors and risk management as such has been a subject of detail research. We can even claim it constitutes an independent part of the theory of economy. The presented papers deal with the quantification of the risk by statistics of the first, second, third and fourth moment and at the same time are focused on the literature retrieval of more than twenty important international authors who deal with this issue.
Original languageEnglish
Title of host publication2015 5th International Conference on Applied Social Science (ICASS 2015), Pt. 1
EditorsG Lee
PublisherInformation Engineering Research Institute
Pages28-33
Number of pages6
Volume80
ISBN (Print)978-1-61275-072-9
StatePublished - 2015
Event5th International Conference on Applied Social Science (ICASS 2015) - Limassol, Cyprus
Duration: 4 Oct 20155 Oct 2015

Publication series

NameAdvances in Education Research
PublisherINFORMATION ENGINEERING RESEARCH INST, USA
Volume80
ISSN (Print)2160-1070

Conference

Conference5th International Conference on Applied Social Science (ICASS 2015)
Country/TerritoryCyprus
CityLimassol
Period4/10/155/10/15

    Research areas

  • Uncertainty, Risk, First moment statistics, Second moment statistics, Third moment statistics, Fourth moment statistics, CREDIT RISK, MERTONS MODEL, DEFAULT

ID: 39055480