Multivariate risk measures for elliptical and log‑elliptical distributions
"This paper introduces the multivariate range Value‑at‑Risk (MRVaR) and multivariate range covariance (MRCov) as #risk#measures for #riskmanagement in #regulation and investment… Frequently‑used cases in industry, such as normal, student‑t, logistic, Laplace, and Pearson type VII distributions, are presented with numerical examples."