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arxiv: 1601.03388 · v1 · pith:5BFM5K5Knew · submitted 2016-01-13 · 💱 q-fin.MF · math.OC

Large losses - probability minimizing approach

classification 💱 q-fin.MF math.OC
keywords largelossesminimizingprobabilityapproachcontinuousdiscretegeneralization
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The probability minimizing problem of large losses of portfolio in discrete and continuous time models is studied. This gives a generalization of quantile hedging presented in [3].

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