Abstract
This chapter provides coverage of the role of stress and scenario testing, a key element in the tool kit of the risk function. In particular, it will – define the various approaches to stress and scenario testing and illustrate how they can be used; − explain how to develop scenarios in a way that enables value to be extracted from the output; – illustrate how stress and scenario testing can be used to identify opportunities.
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© 2014 Christopher Chappell
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Chappell, C. (2014). Stress and Scenario Testing. In: The Executive Guide to Enterprise Risk Management. Palgrave Macmillan, London. https://doi.org/10.1057/9781137374547_5
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DOI: https://doi.org/10.1057/9781137374547_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-47696-1
Online ISBN: 978-1-137-37454-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)