, but also on financial agents’ attitude towards risk. The pro-cyclical nature of the latter has a major impact on financial …

develop the right framework with a risk dimension and governance for a specific FTC application: a framework that will assist …

We consider the problem of optimal risk sharing of some given total risk between two economic agents characterized by … law-invariant monetary utility functions or equivalently, law-invariant risk measures. We first prove existence of an … optimal risk sharing allocation which is in addition increasing in terms of the total risk. We next provide an explicit …

, and political risk affect the performance and risk-taking behavior of mutual funds. Overall, the results show strongly … that legal conditions, culture, and political risk have robust differential effects on performance and risk-taking behavior … conditions, higher corruption and political risk have higher performance. Likewise, in such conditions, both of Islamic and …

Considers the contribution of Attilio da Empoli to the theory of value and distribution and especially his contribution … to the theory of monopolistic competition. During the 1920s a lively discussion developed about the link between the cost … “representative firm”. In this context, Attilio da Empoli contributed two monographs with the declared intent to provide a new theory …