climate of heightened exposure to scary markets. The implications of a broad range of scary market scenarios are presented …

Instruments for Climate Policy focuses on economic and political aspects related to the recent proposals and the debate … on limits in flexibility, and discusses EU and US perspectives on climate policy instruments and strategies. This is … flexibility', on the arguments behind the EU ceilings proposal and on voluntary approaches to climate policy. One of the main …

exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include …

of Risk-Bearing', Review of Economic Studies, 31 (2), April, 91-6 -- Peter A. Diamond (1967), 'The Role of a Stock Market …), July, 1613-38 -- Fernando Alvarez and Urban J. Jermann (2000), 'Efficiency, Equilibrium, and Asset Pricing with Risk of …), 'The Risk-Free Rate in Heterogeneous-Agent, Incomplete-Insurance Economies', Journal of Economic Dynamics and Control, 17 …

Maux -- Deposit interest rates, asset risk and bank failure in Croatia / Evan Kraft and Tomislav Galac -- Investigating the … Peter Gruner -- Contagion risk in financial networks / Ana Babus -- Does corporate mobility enhance corporate governance …

together original contributions from around the world on subjects related to the area. The book initially lays out the main …