into the future. It proposes sound principles of risk management that make sense in today's society generally, going beyond … them, it deals with different aspects of the theory of risk-bearing. I explain current responses to global change, focusing …

Weather derivatives have become very popular tools in weather risk management in recent years. One of the elements … between energy consumption and certain weather conditions, so enabling price and weather risk to be controlled at the same …

Heightened systematic risk in the credit crisis has created challenges to CDO pricing and risk management. One …

Systemic risk is a very important but very complex notion in banking and how to measure it adequately is challenging …. We introduce a new framework for measuring systemic risk by using a risk-adjusted balance sheet approach. The measure … models credit risk of banks as a put option on bank assets, a tradition that originated with Merton. We conceive of an …

Tim Xiao: This paper argues that the reduced-form jump diffusion model may not be appropriate for credit risk modeling …