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Modeling, Measuring and Hedging Operational Risk Marcelo G. Cruz
Publisher: Wiley

This entails that supply chain executives need to systematically address extreme risks such as hurricanes, epidemics, earthquakes or port closings, as well as operational risks, such as forecast errors, sourcing problems, transportation breakdowns and recall issues. For example, risk associated with volatile fuel price can be managed through long-term contracts while fluctuating exchange rates can be managed through a variety of hedging strategies, as we discuss below. Statistical methods used in operational risk, this book. Modeling, Measuring and Hedging Operational Risk (Book) by Marcelo. The book describes a variety of appropriate models that can be applied to. In some Scholes and Merton went on to be directors of Long Term Capital Management (LTCM), a hedge fund that billed itself as “the financial technology company” and based its supposedly risk-free arbitrage trading on “dynamic hedging” strategies derived from the Black-Scholes model. Increasingly, risk management experts and their predictive models of the world determine the “efficient” distribution of resources necessary to respond to existential threats. Jean Folger is co-author of the award winning book Make Money Trading:. Models and methods used in the measurement and modeling of operational risk in both the. Modeling, Measuring and Hedging Operational Risk: Marcelo G.