Explain why operational risk and credit risk can be modeled using similar techniques.

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An Introduction to Derivative Securities Financial Markets and Risk Management

ISBN: 978-0393913071

1st edition

Authors: Robert A. Jarrow, Arkadev Chatterjee

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Question Posted: Dec 02, 2015 04:04 AM

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Explain why operational risk and credit risk can be modeled using similar techniques.

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Operational risk can be modeled using the same mathematics as used in the reduced form credit risk ...View the full answer

An Introduction to Derivative Securities Financial Markets and Risk Management

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