leads to inefficient excessive continuation if used without coverage limits. When insurance against an operational risk is …This paper examines the choice of tools for managing a firm’s operational risks: cash reserves, insurance contracts …. Risk management is valuable as it reduces the costs of raising external financing, increases debt capacity, lessens …

against failing in the task and also less inclined to buy travel insurance. This suggests intrinsic optimism influences … insurance demand and diminishes adverse selection …

We investigate the problem of optimal risk sharing between agents endowed with cash-invariant choice functions which …

We provide a novel benefit of "Alternative Risk Transfer" (ART) products with parametric or index triggers. When a … reinsurer has private information about his client’s risk, outside reinsurers will price their reinsurance offer less … aggressively. Outsiders are subject to adverse selection as only a high-risk insurer might find it optimal to change reinsurers …

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 … reputation risk in organizations. This paper contributed to theoretical development of reputation risk in organizations through …

decision makers who are motivated by reputation concerns tend to ‘anti-herding’, i.e., they excessively contradict public …

order to preserve its reputation of being a good monitor, may actually distort its lending decisions towards greater laxity … between a country and the IMF. The longer this relationship, the stronger the IMF reputation will be affected in case it …

find that when agents are concerned about their reputation, consultation results in sub-optimal sharing of information …

Aimed at energy organizations adapting to the competitive demands associated with liberalization, transaction and risk … management software “A-Trade” was part of the shift from a traditional engineer-led culture of risk cognition to market …-oriented financial risk management. The story of A-Trade illustrates the progress of risk industries, the development of encounters …