purpose of the present work is to assess the impact of risk events and unstable conditions on the level of quality of supply … chain services and economic indicators of the retail trade network. Using the anyLogistix software tool, a simulation model … occurrence of a man-made risk event and the shutdown of production of one of the suppliers on the financial, customer, and …

-copula simulated returns give very similar but not identical results. Furthermore, the copula simulation provides more accurate market-risk …In this paper, the generalized Pareto distribution (GPD) copula approach is utilized to solve the conditional value-at-risk …-parametric kernel-smoothed interior and the parametric Pareto upper tail and (iii) Value-at-Risk (VaR) to quantify risk measure. The …

, which are commonly used in risk analysis, and illustrate our novel risk measure using a Monte Carlo simulation. … much money should a government hold to prepare for natural or human-made extreme risk events that the government will cover …? Although the ruin theory is commonly used for extreme risk events, we suggest a new risk measure to deal with such events in a …

The PRISM method is a risk assessment approach that focuses on hidden-risk identification and ranking. The combined AHP … alternatives without losing its ability to focus on identifying hidden risk. The method was tested on data related to strategic …

and a simulation of the risk assessment process, and the improvement in reducing the variance is significant. …This paper proposes a new framework to reduce the variance and uncertainty in the risk assessment process. Today, this …

into a simulation quandary concerning the management of solvency capital risk associated with mortality and longevity. More … required capital, insurance companies are motivated to establish hedging strategies to mitigate the inherent risk exposures … they face. Nonetheless, devising and implementing risk mitigation solutions to risk managing capital requirement is …

, primarily related to compliance risk assessment. This paper presents the results of exploratory research based on the potential …

The sector of SME is the major force for the national economic and social development. Financial risk is one of the key … threats to the activity of small and medium enterprises. The most common manifestation of the financial risk of SMEs is … repayment, and consequently, high financial risk of these entities. Numerous differences in conducting the activity of small and …

cyber-risk management plan, and devising a more proactive and collaborative approach that is suitable according to their … organization context. To this end, firstly various enterprise, Information Technology (IT), and cybersecurity risk management … frameworks are thoroughly reviewed along with their advantages and limitations. Then, we propose a proactive cybersecurity risk …