This paper, based on the methodology of real options, compares the financial viability of various technologies for generating electricity. It is shown that the generation of electricity from nuclear plants is economically and environmentally more attractive than other renewable and clean energy....

This paper identifies and quantifies through a Bayesian Network model (BN) the various factors of Operational Risk (OR) associated with business lines of transnational banks. The BN model is calibrated with data from events that occurred in different lines of business of such banks during...

This paper is aimed to provide a consistent theoretical framework for the decision making process of a consumer-investor in an environment of risk and uncertainty with constant volatility. In this research, the Wiener and Poisson processes play an essential role in modeling market risk and...