Mahanama, Thilini; Shirvani, Abootaleb; Račev, Svetlozar T. - In: Journal of risk and financial management : JRFM 14 (2021) 7, pp. 1-16
is to introduce new risk hedging financial contracts for crime, consistent with dynamic asset pricing. Underlying the … index, we hedge the investments by issuing marketable European call and put options and providing risk budgets. These … budgets show that real estate, ransomware, and government impersonation are the main risk contributors in our index. Next, we …