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  • Bayesian Risk Aggregation: Correlation Uncertainty and Expert Judgement
    Bayesian Risk Aggregation: Correlation Uncertainty and Expert Judgement In this Chapter we present a novel way for estimating aggregated EC figures based on Bayesian copula estimation. Contrary ...

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    • Authors: Klaus Bocker
    • Date: Jan 2011
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Enterprise Risk Management>Capital management - ERM; Finance & Investments>Economic capital; Modeling & Statistical Methods>Bayesian methods