Abstract One of the impacts of financial liberalisation/deregulation to the risk management and regulation mechanisms … develop risk management rules, define capital level based on economic capital (instead of required capital) and develop … corrective measures to firm wide risk managament problems, before regulators. In this article, the authors analyse whether self …

high and the overweighting of low probabilities, the Allais paradox, risk aversion, loss aversion, the Ellsberg paradox …

an uniform solution of the underweighting of high and the overweighting of low probabilities, of the Allais paradox, risk …

theory in economics. The calculations give the dimensions of ruptures can be more than 1/3 of the standard deviation for the …