This paper investigates whether market information could add to accounting information in the prediction of bank …

This paper investigates whether market information could add to accounting information in the prediction of bank …

A man is a key subject of economics. “A man is irrational” - this opinion can be made from Allais paradox, risk …

This article investigates the latest developments in longevity risk modelling, and explores the key risk management … enhancement of the way longevity risk is understood; providing a global view of the practical issues for longevity … evolution of longevity is intensifying the need for capital markets to be used to manage and transfer the risk through what are …

even if agent are time consistent, life annuities no more provide perfect insurance against the risk to live. …

stratégies de diversification produit des grands groupes industriels. Elle est désormais transposée dans le cadre d'un autre type …; Meyer, 2006). Dans ces recherches, on pense la diversification internationale sous l'angle des distances existant entre les …, telles que General Electric ou LVMH sont parvenues à associer diversification internationale et diversification produit non …

This paper presents a characterization of weak risk aversion in terms of preference for sure diversification. Similarly …, we show that strong risk aversion can be characterized by weakening preference for diversification, as introduced by … Dekel [11], in what we name preference for strong diversification. …

des entreprises en termes de diversification et de recentrage. …