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The Expected Shortfall (ES)measure Does Not Satisfy the Following Coherence

question 24

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The expected shortfall (ES) measure does not satisfy the following coherence property of risk measures:


Definitions:

Prevalence

The proportion of a population found to have a particular condition at a given time.

Ethnic Background

A person's heritage or lineage, often associated with cultural or national identity.

Childhood Obesity

A serious medical condition affecting children and adolescents, characterized by exceeding the healthy weight for one's age and height.

Popularity

The status of being favored, esteemed, or backed by a large number of individuals.

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