Modelling Operational Risk Using Bayesian Inference formatIsbn:Hardcover - 9783642159220 Second Workshop of the Cross-Language

Second Workshop of the Cross-Language Evaluation Forum

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Modelling Operational Risk Using Bayesian Inference formatIsbn:Hardcover - 9783642159220 Second Workshop of the Cross-LanguageThe management of operational risk in the banking industry has undergone explosive changes over the last decade due to substantial changes in the operational environment. Globalization, deregulation, the use of complex financial products, and changes in information technology have resulted in exposure to new risks which are very different from market and credit risks. In response, the Basel Committee on Banking Supervision has developed a new