Abstract
The purpose of this chapter is to outline and discuss different concepts of risk (4.1.), systemic risk (4.2.), and to define a proper meaning of the two terms in the realm of banking. This is essential as the central research question RQ1 revolves around quantitative risk assessment and management approaches and it should be clear what the object of interest, of assessment and management endeavors is.
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© 2017 Springer Fachmedien Wiesbaden GmbH
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Hoffmann, C.H. (2017). On an Adequate Concept of Risk and Systemic Risk in the Realm of Banking. In: Assessing Risk Assessment. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-20032-9_5
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DOI: https://doi.org/10.1007/978-3-658-20032-9_5
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Publisher Name: Springer Gabler, Wiesbaden
Print ISBN: 978-3-658-20031-2
Online ISBN: 978-3-658-20032-9
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