Risk Analysis through the Half-Normal Distribution
We study the applicability of the half-normal distribution to the probability–severity risk analysis traditionally performed through risk matrices and continuous probability–consequence diagrams (CPCDs). To this end, we develop a model that adapts the financial risk measures Value-at-Risk (VaR) and...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2020-11-01
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| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/8/11/2080 |