2 papers
econ.TH2025
Invariant Modeling for Joint Distributions
Christopher P. Chambers, Yusufcan Masatlioglu, Ruodu Wang
A common theme underlying many problems in statistics and economics involves the determination of a systematic method of selecting a joint distribution consistent with a specified…
q-fin.RM2025
Choquet rating criteria, risk measures, and risk consistency
Nan Guo, Ruodu Wang, Chenxi Xia +1
Credit ratings are widely used by investors as a screening device. We introduce and study several natural notions of risk consistency that promote prudent investment decisions in t…