Risk management has become a central issue in sanitary crises. Agro food firms have devised organizational responses to sanitary risks, usually implying better traceability. European Regulation 178/2002 established mandatory traceability. This paper provides a critical appraisal of the European...

This discussion paper led to a publication in the 'Journal of Econometrics', 2011, 163, 215-230.<P> We propose new scoring rules based on partial likelihood for assessing the relative out-of-sample predictive accuracy of competing density forecasts over a specific region of interest, such as the...</p>

We propose new scoring rules based on conditional and censored likelihood for assessing the predictive accuracy of competing density forecasts over a specific region of interest, such as the left tail in financial risk management. These scoring rules can be interpreted in terms of...