Risk Measurement: Mean Absolute Deviation versus ...


       !#"$ %! '&( *)%
 +
# )#  ,(
-
/.01  2&3
546  7*

8:9;0@?BAC?0D@EF>HGJIKEML*NO>QPR*S VTmBgjaU!ƒ„W$iFXn/Y[m0ZMgr\]€|ƒX]^%kMa]_cf`b€†ady‰nqcfyFƒehe gjiFpjale$kFz|nqmogj€|a]nqy-pretnqsuyFprke$vxcfwMe$eŠyxnqgjylz|Œl{}pj€wFmBŽ%mje$nqk~‡M‡Msua]prp-a/n/cfƒ„iMae$km$ez|€|_yM‚iFe gjsuiMa]eJprcfƒ„iMepa/€|€ƒm*e…‘Fn]n/cfmBeŠa]kyMa]dy-wMnqyFyoƒenqpj’lgrn]€|a]€†yˆc“nq‡Mgjpr€a/ƒ”mjc‡‰eŠaƒ5kgre$m$z‹ gra]n]€sz†œFzeŠpjpr€mmB€mBŽxgjŽx•–iM•–n˜ežn˜—]—]e$‡Meprprp„mja]mje#eV‘M‡Fz|‡MepjcŸpreehsuesue$€|pry pjee$yFyFn¡ƒƒhe$z|eŠmwFmƒh}‘F€wk¢_gsuiMa/keopjalcŸeŠmjmecfa]yMsa]€|yFg™g0`nq‡Mz§a…pr¦oa[ƒh—xprnq€€kprgrŽ]eeVpra[€|`*ntnt€†ƒhgj`*a]¨ž€ylgrcf—/i ealyM‡›kM€|a/eemrzyxmjg™w‰€†‘MmBƒhz|eŠa/e%mcfgjgj‡Mp„iMn]weokgrenq—[•£gjn]a]€|a]pj¤d€yFnqn]n]yFzšyFƒnqe-pre$z|{ƒn]mB€†m‡›€me]gj¥iFo‘Fe-_wpjgfiM€mBe%ƒ$Ž nqz|yMnqcfyFgBgre$aqen]gfp#mjwMcvxprwFaen]ky€†e$y •z grgriMiMe©e“‡Mcf€|a]e$n]yMyle$Œxeprpr€†€|yMmjŽtn]`byFa]nqprz|Ž-{mBaq€s*m+«l`*iFiMnq€|prƒ„‡›i¢e]pr¥¬e$c“mjwMn]z†gryxm”{¡€|yJn[gBgrn%ecfsua]‡prc™g„m wMiFzn[n˜gr—]€†ea/y…‘›ea]esy6nc“vxn]wFkMn/e#kprgrnqagj€z†ƒ€|yM‡Me$pjn]a/pj]€|¨p„enqcfgriMcfe“€†yFcf%e$nqcfyaŒxkpr€|emjz£Žo%nqªF‡Ma]‡Fz|z†pja[ax`*n]€|ƒ„yMi@  sugr_a€†a/iMƒhy@e$w‰pjmBe”eŠ³m`ba]a]eyFy©prmje”€g0m0`b€†gryxeafgjyFprmBƒawF{kƒ„wFa]ižƒs@e$prgj€|k%iFmjŽ“e”pj€ƒcfmBa]ŽVe$prn]cpjeŠmjeŠmBwM‡›n]prmje$a]wMm$y‰‹¬prke$gr€†mbyFiM`*eiMcf­+€ƒ„€†e$yFi%nq€¯y® z|mŒxe$n/prcf€|k©mje$Ž#grnqa“y6cfz†a°±€|n]yMk‘Fe$e$n]mjz|mba]pz|`*‡Mwgjpj€†gje˜a/i%²]p„kMgjnqiM€cf¤Oe”ecfmBpreŠe€†ƒhyFyFa/ƒ™yFe+cfk©n]e$yFkn]kVe$yl]gjŒxpriMepr€|e§e”mjŽ“mBcfgjcfae$n]ƒ„aiFyžkn/en]m0zgr‘Fm€|mBKƒ+a/_kz†wMa/iFgjc€|e”m€|kyF‡Fen]n]—lyF‡‰€ƒhe$n[ep• grgr°£iFiM«Me n[«g*´”ƒhgra]²iMy‰€e+mBm €gjm0prp„gren]eehyFk’Mƒen]{•£ca]gj¤-€|wMyMprƒeŠyFalkQmbehž·©a]wµbƒhg€|a]egjgjyxi…ag*‘‰€|gjmiMe+‘›eVc™a]cw‰wFyFƒ„ai%kke$e$mBk%z|gjm#pr‘la]nq{VyMpr/e“ne€†pKƒhyJegrpjiFmjgra]nqn]cfyV€†yže“gjiFƒhc“a/nqgyFnqm0yFsug„a/yMnqpbeyxp™gjg$iMƒe+a]¸cfyFa[mj`e$€m0nqe$gry%—]eeyxnqpŠg‘F¥/mj`*sua]a]€z|pgrwi¢gjgjiFe”gje iFke%­+e$—x€|«M€yMn[«€£gr®´¶m€†a/cfy@pjwMeŠz|nq_e$ym$iM¥!e+k‡M€n]¤OpjyFa[enq—lprez|€{ky‰mBe$ƒh€k em €m*]p„nq‡FiM€|ƒ$nqz|z†{“€|z|z†wFmBgjp„n[gre$k%`*€griM€|y%griMe”sup„nqcfe`ba]prŽ“aqs!gjiMen]‘Fmja]z|wgje ¹@a/pje$yM¨”ƒhwMpr—]eŠm º-ГÆ$»xÁ/¼QÂh½™ÏØÅr¾ ËbY[ÏØ¿ÄÑǛW/„ÀÓqÉbÁ]„̛ÃÉjčÆrÅ5ÙqıÆ[ÉrÇtÓ[ÐÈÐ#ÇOÁ]ÄÑÇlÂÉÙ/Ú É5čÅjÊ[ˉÌFÆ[É5Í ÎhÆ[ϝıÆVÆrÌOͯÄÑÐĆҊÓ[ͣıÆ[ÇFËń͖ƊÃrÔFӘÅ5ͯıÃ#Á]ÆqÐ#ÄÑÇOÓ[ǛÄÂhË!Õ¬ÆqÉjÂÇlÒ ÃÈÉ5֘ÂhËÐf„ÓqÇFזÉ5čÅjÊ T%ÛÝ܂W$ÞUQß » \]X©\]à±ZFW$WŠáuâ\]ZXŠá ¾›ã À”ä]å/æåxç¥ä]å/æå]äF¥ä]å]æè/éF¥lä/åx³båxç

êjë6ìíØîqï/ðrñò ñØórô0ðõböô–÷]ø„ð5ù$úûQëùô0ü0ù„ý‚þÿxñ ˜órô0ü–ñ ¯÷ £ÿxü 0ñ 0óî ¯ÿ îô0òù 0ñØø„ü ù$ÿxù$ø lù


 

  

#

 







+ë-ùhô0ü0ù„ý OîŠíùÿlï

 

"!

$

%

 o 7b
# '&

(*),+.-0/1 2436587039:1