• Uncertainty as an Ingredient in Financial Modeling 

      [SNAP-2024-004-EN] Korn, Ralf (Mathematisches Forschungsinstitut Oberwolfach, 2024-12-17)
      Uncertainty - as opposed to risk - is used to describe events to which we are not able to assign a probability due to lack of information. Instead of assigning a probability to an uncertain event, we only assume that such ...