Overview
Save Big on Coursera Plus. 7,000+ courses at $160 off. Limited Time Only!
Explore the concepts of dependence uncertainty and risk in this lecture by Prof. Paul Embrechts from ETH Zurich. Delve into the First and Second Fundamental Theorems of Quantitative Risk Management, examining the contrast between "Mathematical Utopia" and "Wall Street Reality." Focus on uncertainty in interdependence between risk factors and learn about deriving extremal bounds for risk measures like Value-at-Risk and Expected Shortfall. Gain insights into the legacy of Frank Knight's "Risk, Uncertainty, and Profit" and John Maynard Keynes' "A Treatise on Probability" in this commemorative workshop organized by the University of Oxford and supported by The Alan Turing Institute.
Syllabus
Dependence Uncertainty and Risk - Prof. Paul Embrechts
Taught by
Alan Turing Institute