Autor: Svetlozar T. Rachev

Anna S. Chernobai, Ph D, is an Assistant Professor of Financeat the M. J. Whitman School of Management at Syracuse University.The focus of her research is operational risk management. Svetlozar T. Rachev, Ph D, Dr Sci, is Chair-Professor atthe University of Karlsruhe, Germany, in the School of Economicsand Business Engineering, Professor Emeritus at the University of California, Santa Barbara, and Chief-Scientist of Fin Analytica. Frank J. Fabozzi, Ph D, CFA, is Professor in the Practiceof Finance at Yale University“s School of Management and the Editorof the Journal of Portfolio Management.