Conclusion

for Modelling Operational risk by AMA Write an essy about Modelling Operational Risk by Applying the Bayesian inference or Bayesian approach and other advance measurement approach. Basically focus on the Baysian one (50% in essay) and the Loss distribution approach one (40% in essay) and others( 10% in essay). Compare their advantages and disadvantages and how they could improve in future in modelling operational risk management. How they could combine data from different sources (internal data, external data and scenario)advantage and disadvantage. How they work or how and when they do not work. Why we use them in model for operational risk. And further improvement for using these methods in Modelling operational risk. And I provide some useful source you could use for writing conclusion. http://wenku.baidu.com/view/74ea2d6ab84ae45c3a358c06.html http://www.bis.org/bcbs/qis/ldce2002.pdf https://www.bostonfed.org/bankinfo/qau/research/papers/pd051205.pdf http://www.ressources-actuarielles.net/EXT/ISFA/1226.nsf/0/dfdd987956704deac1257840002b6931/$FILE/CombiningDataSourcesOpRisk.pdf http://thierry-roncalli.com/download/lda.pdf http://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=4330718&fileOId=4330725 http://www.cambridge-systems.com/content/BankCapitalandOpRisk.pdf http://thierry-roncalli.com/download/lda.pdf http://www.actuaries.org/EVENTS/Congresses/Cancun/afir_subject/afir_36_hidetoshi.pdf http://arxiv.org/pdf/0904.1805.pdf http://zoe.bme.gatech.edu/~bv20/bmestat/Bank/bayes.pdf Please see other useful source in other packages. Limitations Include any limitations, restrictions, or constraints that may affect the validity of the dissertation’s outcome.