Why is the separation of mechanism and policy a desirable property?

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Value at Risk The New Benchmark for Managing Financial Risk

ISBN: 978-0071464956

3rd edition

Authors: Philippe Jorion

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Question Posted: Nov 19, 2009 03:26 AM

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Why is the separation of mechanism and policy a desirable property?

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Mechanism and policy must be separate to ensure that systems are easy ...View the full answer

Value at Risk The New Benchmark for Managing Financial Risk

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