Kovacevic, Raimund M. - In: Statistics & Risk Modeling 29 (2012) 1, pp. 1-18
Abstract Conditional risk and acceptability mappings quantify the desirability of random variables (e.g. financial returns) by accounting for available information. In this paper the focus lies on acceptability mappings, concave translation-equivariant monotone mappings L p (Ω, F ,ℙ) → L...