Risk management has become an essential issue in supply chain management, from the modeling of the decision maker …'s risk preference, and the studies on uncertain elements such as demand, supply, price, lead time, etc., to the consideration … volume, the authors provide a framework to study the interaction of various factors related to risk and their influence on …

move together as in Adrian and Shin (2010), and iii) intermediaries increase their exposure to systematic risk as they … reduce their idiosyncratic risk through diversification, as in Acharya, Schnabl, and Suarez (2010). Under rational …