Seminar Paper

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Title

A REVIEW TO RISK MEASURES AND SOME OF THEIR DEFICIENCIES

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Abstract

 ALL FINANCIAL INSTITUTES OPERATE IN A WORLD IN WHICH THEY MAKE CHOICES UNDER RISK AND UNCERTAINTY. DEPENDING ON THE FIELD OF OPERATING, THERE ARE DIFFERENT CLASSIFICATIONS FOR RISKS. BUT FOR QUANTIFYING THEM, SAME MEASURES CAN BE USED. IN THIS PAPER, SOME OF THE MOST POPULAR RISK MEASURES AND THEIR DEFICIENCIES ARE INTRODUCED.

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