LOR13: Back to risk, introducing risk measures

In this episode, we come back to the definition of risk and start discussing how we can measure it. That is why we need to introduce risk measures. But that requires us to be more formal and speak about the sample space and the event space in a more mathematical way.Ready to discover the power set?We are paving the way to introduce the probability space, a pivotal concept for us.Ready to take the risk?Become a supporter of this podcast: https://www.spreaker.com/podcast/the-logic-of-risk--6469023/support.