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    Kusuoka representation of higher order dual risk measures
    13 years 2 months ago
    Kusuoka representation of higher order dual risk measures
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    We derive representations of higher order dual measures of risk in Lp spaces as suprema of integrals of Average Values at Risk with respect to probability measures on (0, 1] (Kusu...
    Darinka Dentcheva, Spiridon Penev, Andrzej Ruszczy...
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