Approving the ISDWIR method of risk measurement in making risk management decision

Mikhail Strelnik

This paper is devoted to risk management and risk measurement methods. The author considers methods of risk measurement and proposes the Inte- gral Sum of Differential Weighted Indexes of Risks (or ISDWIR) method of risk measurement. The method is based on dynamic enterprise risk matri- ces. The matrix describes the changes of corporate risk values over the time. The method assists to choose risk management decision having good effects on corporate risk values. The ISDWIR method is also compared with other risk measurement methods.

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Year of publication:	2014
Authors:	Strelnik, Mikhail
Published in:	Revista de métodos cuantitativos para la economía y la empresa. - Sevilla : [Verlag nicht ermittelbar], ISSN 1886-516X, ZDB-ID 2584041-1. - Vol. 17.2014, p. 42-59
Subject:	uncertainty \| risk \| risk management \| risk measurement \| matrix \| Risikomanagement \| Risk management \| Risiko \| Risk \| Risikomaß \| Risk measure \| Messung \| Measurement \| Bankrisiko \| Bank risk \| Theorie \| Theory \| Entscheidung unter Risiko \| Decision under risk