Difference between revisions of "Baseline Scenario"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
'''Baseline Scenario''' in the context of [[Stress Testing]] is a [[Stress Scenario]] that is designed to emulate the expected unfolding of events. It forms the basis against which unexpected events and their impact can be assessed on a relative basis.
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'''Baseline Scenario''' in the context of [[Stress Testing]] is a [[Stress Scenario]] that is designed to emulate the expected unfolding of events. It forms the basis against which unexpected events and their impact can be assessed on a relative basis. A reference case that represents the events or conditions most likely to occur in the absence of the policy or action (or package of policies or actions) being assessed.
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== Examples ==
 
== Examples ==

Revision as of 12:10, 27 October 2021

Definition

Baseline Scenario in the context of Stress Testing is a Stress Scenario that is designed to emulate the expected unfolding of events. It forms the basis against which unexpected events and their impact can be assessed on a relative basis. A reference case that represents the events or conditions most likely to occur in the absence of the policy or action (or package of policies or actions) being assessed.


Examples


See Also