Risk Measures: An Introduction to the Mathematical Theory (Paperback) (ISBN-13: 9781009710930)

Providing comprehensive yet accessible coverage, this is the first graduate-level textbook dedicated to the mathematical theory of risk measures. It explains how economic and financial principles result in a profound mathematical theory that allows us to quantify risk in monetary terms, giving rise to risk measures. Each chapter is designed to match the length of one or two lectures, covering the core theory in a self-contained manner, with exercises included in every chapter. Additional material sections then provide further background and insights for those looking to delve deeper. This two-layer modular design makes the book suitable as the basis for diverse lecture courses of varying length and level, and a valuable resource for researchers.

Author: Ilya Molchanov,Johanna Ziegel
ISBN-10: 1009710931
ISBN-13: 9781009710930
Publisher: Cambridge University Press
Language: English
Published: 02/19/2026
Pages: 208
Format: Paperback
Weight: 0.63lbs
Size: 9.00h x 6.00w x 0.44d