Modelling Operational Risk Using Bayesian Inference
The management of operational risk in the banking industry has undergone explosive changes over the last decade due to substantial changes in the operational environment. Globalization, deregulation, the use of complex financial products, and changes in information technology have resulted in exposu...
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| Format: | eBook |
| Language: | English |
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Berlin, Heidelberg
Springer Berlin Heidelberg
2011, 2011
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| Edition: | 1st ed. 2011 |
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| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Table of Contents:
- Operational Risk and Basel II
- Loss Distribution Approach
- Calculation of Compound Distribution
- Bayesian approach for LDA
- Addressing the Data Truncation Problem
- Modelling Large Losses
- Modelling Dependence
- List of Distributions
- Selected Simulation Algorithms
- Solutions for Selected Problems
- References
- Index