A Probability Metrics Approach to Financial Risk Measures

<i>A Probability Metrics Approach to Financial Risk Measures</i> relates the field of probability metrics and risk measures to one another and applies them to finance for the first time. <ul> <li>Helps to answer the question: which risk measure is best for a given problem?</li> <li>Finds new relations between existing classes of risk measures</li> <li>Describes applications in finance and extends them where possible</li> <li>Presents the theory of probability metrics in a more accessible form which would be appropriate for non-specialists in the field</li> <li>Applications include optimal portfolio choice, risk theory, and numerical methods in finance</li> <li>Topics requiring more mathematical rigor and detail are included in technical appendices to chapters</li> </ul>