two currencies differ according to the magnitude of the 'inflation tax' risk associated with each currency. The inflation …We analyze a dual currency search model in which agents are allowed to hold multiple units of both currencies. Hence …, agents hold portfolios of currency. We study equilibria in which the two currencies are identical and equilibria in which the …

structure (term-structure effect) and (ii) the changes in relative risk premia component of different kinds/classes of assets … (risk-premia effect). Using Thailand data, I found that both effects are significant. I argue from this finding that …

cost uncertainty for users, it has been suggested that forward contracts could be used to manage these risks. We develop a … forward contracts would be adopted by service providers. Service on the upstream segment is provided by a single Internet … downstream network segment, with the advance possibility of entering into forward contracts with their users for some of their …

Globalizing knowledge economies foster conditions that intensify the role and value of organizational reputation risk … reputation risk. Having noted the ambivalence that surrounds ‘risk positions’, we present a re-definition of reputation risk that … encompasses the dynamics of contemporary risk and trust relationships. We explore the capacity of different trust forms to reduce …

Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals …' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. We examine three interlinked … propositions that are fundamental to the standard economic approach to risk: (i) that rankings by risk are simply the reverse of …

recreational risk-taking). In addition, perceived costs and benefits mediated the relations between personality and risk-taking in … the five domains (social, ethical, gambling, recreational and investment risk-taking). Evidence for a mechanism that …