Studies from Asia University Yield New Data on Risk Management

By a News Reporter-Staff News Editor at Insurance Weekly News -- Investigators publish new report on Risk Management. According to news reporting out of Taichung, Taiwan, by VerticalNews editors, research stated, "This paper first shows the sufficient relationship between the (n + 1)-order SD and the n-order Kappa ratio. In fact, we clarify the restrictions on necessary beating of the target for the higher-order SD consistency of the Kappa ratios."

Our news journalists obtained a quote from the research from Asia University, "Thereafter, we show that, in general, the necessary relationship between SD/RSD and the Kappa ratio cannot be established. We find that when the variables being compared belong to the same location-scale family or the same linear combination of location-scale families, we can get the necessary relationship between the (n + 1)-order SD with the n-order Kappa ratio after imposing some conditions on the means."

According to the news editors, the research concluded: "Our findings enable academics and practitioners to draw better decision in their analysis."

For more information on this research see: Kappa ratios and (higher-order) stochastic dominance. Risk Management-Journal of Risk Crisis and Disaster, 2017;19(3):245-253. Risk Management-Journal of Risk Crisis and Disaster can be contacted at: Palgrave Macmillan Ltd, Brunel Rd Bldg, Houndmills, Basingstoke RG21 6XS, Hants, England.

Our news journalists report that additional information may be obtained by contacting W.K. Wong, Asia Univ, Coll Management, Dept. of Finance, Taichung, Taiwan. Additional authors for this research include C.C. Niu and Q.F. Xu.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1057/s41283-017-0020-1. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

Keywords for this news article include: Taichung, Taiwan, Asia, Risk Management, Asia University.

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