Most Recent Articles: Probability, Uncertainty and Quantitative Riskhttps://probability-risk.springeropen.comMost Recent Articles: Probability, Uncertainty and Quantitative RiskRisk excess measures induced by hemi-metricshttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0032-0The main aim of this paper is to introduce the notion of risk excess measure, to analyze its properties, and to describe some basic construction methods. To compare the risk excess of one distribution Q w.r.t. a ...ResearchTue, 05 Jun 2018 00:00:00 GMThttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0032-0Olivier P. Faugeras and Ludger Rüschendorf2018-06-05T00:00:00ZPricing formulae for derivatives in insurance using Malliavin calculushttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0028-9In this paper, we provide a valuation formula for different classes of actuarial and financial contracts which depend on a general loss process by using Malliavin calculus. Similar to the celebrated Black–Scho...ResearchTue, 05 Jun 2018 00:00:00 GMThttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0028-9Caroline Hillairet, Ying Jiao and Anthony Réveillac2018-06-05T00:00:00ZZero covariation returnshttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0031-1Asset returns are modeled by locally bilateral gamma processes with zero covariations. Covariances are then observed to be consequences of randomness in variations. Support vector machine regressions on prices...ResearchTue, 05 Jun 2018 00:00:00 GMThttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0031-1Dilip B. Madan and Wim Schoutens2018-06-05T00:00:00ZPath-dependent backward stochastic Volterra integral equations with jumps, differentiability and duality principlehttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0030-2We study the existence and uniqueness of a solution to path-dependent backward stochastic Volterra integral equations (BSVIEs) with jumps, where path-dependence means the dependence of the free term and genera...ResearchTue, 05 Jun 2018 00:00:00 GMThttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0030-2Ludger Overbeck and Jasmin A. L. Röder2018-06-05T00:00:00ZInformation uncertainty related to marked random times and optimal investmenthttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0029-8We study an optimal investment problem under default risk where related information such as loss or recovery at default is considered as an exogenous random mark added at default time. Two types of agents who ...ResearchThu, 10 May 2018 00:00:00 GMThttps://probability-risk.springeropen.com/articles/10.1186/s41546-018-0029-8Ying Jiao and Idris Kharroubi2018-05-10T00:00:00Z