A Risk Measure Alternative to the Variance

1 January 1977

journal article
research article
Published by Cambridge University Press (CUP) in ASTIN Bulletin

Vol. 9 (1-2) , 42-58
https://doi.org/10.1017/s0515036100011375

Abstract

Summary: The qualifications of the semivariance as a useful risk measure are examined and compared to those of the variance. Although on first sight the semivariance may seem more appropriate from the insured's point of view the analysis of this paper leads to a preference for the variance as a risk measure.

Keywords

MEASURE ALTERNATIVE
RISK MEASURE
PREFERENCE
SIGHT
INSURED'S
VARIANCE SUMMARY
SUMMARY THE QUALIFICATIONS

This publication has 2 references indexed in Scilit:

Entscheidungskriterien bei Risiko
Published by Springer Nature ,1967
Mathematische Statistik
Published by Springer Nature ,1965