Ramón Jardí i Borrás falling. If the rain is heavy enough, it can exceed the device's capacity. At that level, the regulating hole is uncovered, discarding the excess water. If the rain decreases, the buoy drops at the same speed -as the cylindrical reservoir empties. The pluviometer recorded precipitation in Barcelona for 95 years and in places such as Hong-Kong). To measure the average intensity of rainfall in a certain interval of time, the Pluviometer of intensities uses the formula: Intensity varies over time. The pluviometer records instantaneous rain intensity (as its name defines): Ramón Jardí i Borrás Ramon Jardí i Borras (Tivissa, November
Spectral risk measure Spectral risk measure A Spectral risk measure is a risk measure given as a weighted average of outcomes where bad outcomes are, typically, included with larger weights. A spectral risk measure is a function of portfolio returns and outputs the amount of the numeraire (typically a currency) to be kept in reserve. A spectral risk measure is always a coherent risk measure, but the converse does not always hold. An advantage of spectral measures is the way in which they can be related to risk aversion, and particularly to a utility function, through the weights given to the possible portfolio