Aspects of the theory of financial risk
β
A.A. Batabyal; H. Beladi
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Article
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2001
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Elsevier Science
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English
β 357 KB
We analyze two aspects of the theory of financial risk management for natural disasters such as earthquakes. First, we use the theory of Poisson processes to construct a model of an earthquake. We then use this model to provide an index of the monetary damage from an earthquake with aftershocks. Sec