Abstract

This paper presents the analysis of China financial market and method of hedging optimization for compute expected shortfall risk based on attitude towards risk under the Black–Scholes model. The application demonstrates an example of the efficient hedging strategy for call [...]

Abstract

Safety measurement and analysis have been a challenging and well-researched topic in transportation. Conventionally, surrogate safety measures have been used as safety indicators in simulation models for safety assessment, in control formulations for driver assistance systems, and [...]