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account the disaster type, which is mainly earthquake and flood in the case of Iran, the results suggest that the positive …
Persistent link: https://www.econbiz.de/10012533904
Optimization (ACO) algorithm for risk management in central Tokyo. Firstly, the similarity in safety was focused on while taking …-scale evacuation after an earthquake disaster is high is made possible. As the evaluation method is based on public information, by …
Persistent link: https://www.econbiz.de/10011669104
used tools for understanding property flood risk in the United States are the Flood Insurance Rate Maps (FIRMs) produced by … property valuation from a home’s being mapped into a Special Flood Hazard Area (SFHA) within FIRMs. However, as these maps have … widely served as the source of data about true flood risk, there have been limits on the ability of researchers to …
Persistent link: https://www.econbiz.de/10013471460
This paper re-examines the performance of REITs, stocks, and fixed-income assets based on the preferences of risk …-averse and risk-seeking investors using mean-variance and stochastic dominance approaches. Our findings indicate no first … order to maximize their expected utility, the risk-averse prefer fixed-income assets over real estate, which, in turn, is …
Persistent link: https://www.econbiz.de/10011556251
companies that are at risk of bankruptcy using the DEA method. The originality is the selection of key inputs and outputs to the …
Persistent link: https://www.econbiz.de/10012587360
assumptions alone in measuring risk. Cushioning against risk has always created a plethora of complexities and challenges; hence …, this paper attempts to analyse statistical properties of various risk measures in a not normal distribution and provide a … financial blueprint on how to manage risk. It is assumed that using old assumptions of normality alone in a distribution is not …
Persistent link: https://www.econbiz.de/10012795821
calculus is based on various types of economic parameters, which are subject to frequent changes and high risk. A risk …
Persistent link: https://www.econbiz.de/10012415456
Persistent link: https://www.econbiz.de/10012309358
behaviour, aiming at investigating the impact of bank equity on the risk and return of Vietnamese commercial banks during the … larger capital buffers tend to take less risk but are less profitable. In addition, the study also finds a non …-linear relationship revealing that bank risk mitigates the effect of bank equity on profitability. Most estimations show strong robustness …
Persistent link: https://www.econbiz.de/10012022095
Expected utility theory (EUT) is currently the standard framework which formally defines rational decision-making under risky conditions. EUT uses a theoretical device called von Neumann-Morgenstern utility function, where concepts of function and random variable are employed in their...
Persistent link: https://www.econbiz.de/10012520657