Similar Search Results

Constantinescu, Corina; Guillén, Montserrat; … - In: Risks : open access journal 11 (2023) 1, pp. 1-2

Persistent link: https://www.econbiz.de/10014232583

Risk measures in simulation-based business valuation : classification of risk measures in risk axiom systems and application in valuation practice

Ernst, Dietmar - In: Risks : open access journal 11 (2023) 1, pp. 1-14

Persistent link: https://www.econbiz.de/10014232597

Development of the PRISM risk assessment method based on a multiple AHP-TOPSIS approach

Bognár, Ferenc; Szentes, Balázs; Benedek, Petra - In: Risks : open access journal 10 (2022) 11, pp. 1-16

The PRISM method is a risk assessment approach that focuses on hidden-risk identification and ranking. The combined AHP-PRISM method was created for strategic assessments based on pairwise comparisons. The PRISM and AHP-PRISM methods have remarkable visual decision support and control functions...

Persistent link: https://www.econbiz.de/10014226086

Whoops! It happened again : demand for insurance that covers multiple risks

Hong, Liang; Schlesinger, Harris; Zhuang, Boyi - In: Risks : open access journal 11 (2023) 4, pp. 1-17

This article studies insurance demand in a two-period framework in which an individual faces risks in both current and future periods. Models for insurance with and without the presence of endogenous saving are both discussed. In contrast to what most literature suggests, when decisions on...

Persistent link: https://www.econbiz.de/10014303780

Portfolio optimization for extreme risks with maximum diversification : an empirical analysis

Mehta, Navya Jayesh; Yang, Fan - In: Risks : open access journal 10 (2022) 5, pp. 1-26

Heavy tailedness and interconnectedness widely exist in stock returns and large insurance claims, which contributes to huge losses for financial institutions. Diversification ratio (DR) measures the degree of diversification using the Value-at-Risk, which is known to capture extreme risks better...

Persistent link: https://www.econbiz.de/10013358817

Equivalent risk indicators : VaR, TCE, and beyond

Faroni, Silvia; Le Courtois, Olivier; Ostaszewski, … - In: Risks : open access journal 10 (2022) 8, pp. 1-19

While a lot of research concentrates on the respective merits of VaR and TCE, which are the two most classic risk indicators used by financial institutions, little has been written on the equivalence between such indicators. Further, TCE, despite its merits, may not be the most accurate...

Persistent link: https://www.econbiz.de/10013368509

Multi-variate risk measures under Wasserstein barycenter

Arias-Serna, M. Andrea; Loubes, Jean Michel; … - In: Risks : open access journal 10 (2022) 9, pp. 1-15

approach robustly characterizes the company’s exposure, filtering the partial information available from individual sources …

Persistent link: https://www.econbiz.de/10013368725

Climate change-related disaster risk mitigation through innovative insurance mechanism : a system dynamics model application for a case study in Latvia

Feofilovs, Maksims; Pagano, Andrea Jonathan; Vannucci, … - In: Risks : open access journal 12 (2024) 3, pp. 1-23

main influencing factors on the dynamics within the proposed innovative insurance mechanism. The information this study can …

Persistent link: https://www.econbiz.de/10014497445

A two-population mortality model to assess longevity basis risk

Özen, Selin; Şahin, Şule - In: Risks : open access journal 9 (2021) 2/44, pp. 1-19

Index-based hedging solutions are used to transfer the longevity risk to the capital markets. However, mismatches between the liability of the hedger and the hedging instrument cause longevity basis risk. Therefore, an appropriate two-population model to measure and assess longevity basis risk...

Persistent link: https://www.econbiz.de/10012483229

Bank finance versus bond finance

De Fiore, Fiorella; Uhlig, Harald - 2011

finance between the US and the euro area. We suggest an explanation of those differences based on information availability …. Our model replicates the data when the euro area is characterized by limited availability of public information about … corporate credit risk relative to the US, and when european firms value more than US firms the flexibility and information …

Persistent link: https://www.econbiz.de/10009009196