Landscape templates provide a physical platform with which to develop and enact coherent measures which balance concerns for ecosystem health and economic development.
It is therefore crucial for the Union to adopt coherent measures on security at its borders, without infringing Member States' own competences, but helping to increase the effectiveness of this protection.
Moreover, it is crucial for an automated method to produce coherent measures related to the severity of motor symptoms.
Since DPSS lasers are moderately coherent, measures are usually taken to reduce the resultant speckle when these are used for imaging.
Dynamic acceptability indices and performance measures are complementary concepts to dynamic (coherent) risk measures, for which good deal valuation bounds are a typical example (sign conventions aside).
Motivated by results regarding the pricing procedure in incomplete markets, based on use of risk measures, Roorda et al. (2005) study dynamic coherent risk measures (for the case of random variables on finite probability space and discrete time) and introduce the notion of (strong) time consistency; note that their work was similar and contemporaneous to (Riedel 2004).
Then, ρ x is an increasing (with respect to x) family of dynamic coherent utility measures for processes, and the map (alpha ={alpha _{t}}_{tin mathbb {T}}) given by alpha_{t}(V)=sup{xinmathbb{R}_ mid rho_{t}^{x}(V leq0}, (39). is a dynamic acceptability index for processes (see (Cherny and Madan 2009) and (Bielecki et al. (Bielecki et al. 2014b))).
Cherny (2007) uses dynamic coherent risk measure for pricing and hedging European options; see also (Cherny and Madan 2006).
It is easy to check that the family ({varphi ^{x}_{t}}_{tin mathbb {T}}) is a dynamic coherent utility measure for processes, and by similar arguments as in Example 4, we get that for any fixed (xin mathbb {R}_), (varphi _{t}^{x}) is weakly rejection time consistent, but not weakly acceptance time consistent.
It can be shown that for dynamic coherent risk measures, or more generally for dynamic monetary risk measures, property (5) is equivalent to (4).
