• The Black-Litterman model 

      Syvertsen, Christopher Øiestad (Master thesis, 2013)
      The Markowitz model has two problematic tendencies; unintuitive portfolios and portfolios with high transaction costs. The Black-Litterman model was made as an improvement of the Markowitz model. It uses a Bayesian approach ...
    • The performance of Value-at-Risk models on the OBX index 

      Jore, Dan Wiggo (Master thesis, 2013)
      The measuring of risk has become one of the main fields in finance during the last two decades. Value-at-Risk (VaR) has become one of the most important risk measures and is widely used for numerous applications. This ...