Relation With Deviation Risk Measure
There is a one-to-one relationship between a deviation risk measure D and an expectation-bounded risk measure where for any
- .
is called expectation bounded if it satisfies for any nonconstant X and for any constant X.
Read more about this topic: Risk Measure
Famous quotes containing the words relation, risk and/or measure:
“Parents ought, through their own behavior and the values by which they live, to provide direction for their children. But they need to rid themselves of the idea that there are surefire methods which, when well applied, will produce certain predictable results. Whatever we do with and for our children ought to flow from our understanding of and our feelings for the particular situation and the relation we wish to exist between us and our child.”
—Bruno Bettelheim (20th century)
“When a man leaves his mistress, he runs the risk of being betrayed two or three times daily.”
—Stendhal [Marie Henri Beyle] (1783–1842)
“This entire most beautiful order of good things is going to pass away after its measure has been exhausted; for both morning and evening were made in them.”
—St. Augustine (354–430)