Baseline Scenario

From Open Risk Manual
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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