Increased use of risk analysis in the form of quantitative risk management (QRM) and decision-making under uncertainty (DMUU) is helping organizations to be prepared for unforeseen risk. Click here to read the article.
This article from IndexUniverse.com details just one of the ways Monte Carlo simulation can be tuned to the combined unfolding of time and risk. First, a little background. Since Harry Markowitz won the Nobel Prize in Economics in 1990, the Efficient Frontier has...