LIBROS DEL AUTOR: edwin j offutt

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  • Selection and Application of Distorted Risk Measures
    Edwin J. Offutt
    This thesis develops and illustrates a methodology for the selection of probability distributions and distortion functions associated with risk scenarios resulting from military capability shortfalls. Distorted (or transformed) risk measures are analyzed and applied to account for loss scenarios that may occur with low frequency but result in catastrophic outcomes. After review...
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