The Expected Shortfall (ES) Measure Does Not Satisfy the Following

question 8

Multiple Choice

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

• A) Linear homogeneity.
• B) Sub-additivity.
• C) Translation invariance.
• D) None of the above.

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Definitions:

Bodily Arousal

Refers to the physiological state of being alert and physically primed for action, often in response to a stimulus or stressor.

Style Of Attribution

The tendency of individuals to attribute causes of events to internal dispositions or to external situations.

Mutual Respect And Concern

A relationship characterized by reciprocal regard and care for the well-being of one another.

Exchange Relationships

Interpersonal connections where the interactions are based on reciprocal benefits, with the expectations of equivalent gains.