The significance of organisational risk management has grown ostensibly during recent decades, and this is true … regarding for-profit organisations and public entities alike. There are, however, unique traits that characterise risk analysis … and risk management as applied in the public sector, both in terms of areas of application and execution. Being mandatory …

how corporations process new information. Using unique data on all terrorism insurance policies sold in Germany we find … support for this concept of risk-updating by showing that the demand for terrorism insurance is strongly determined by the …This article extends the theory of corporate risk management to encompass highly dynamic risks. Taking Viscusi'�s (1989 …

We study the issue of project choice when a risk-averse agent must choose whether to invest in two projects of the same … speed of learning (ii) the type-specific risk and (iii) his risk- aversion and investment horizon. We show that, contrary to … intuition, an increase in type-specific risk may lead to a decrease in diversification. Our theory is applicable to occupational …

between risk and uncertainty is implemented by applying the multiple priors framework to beliefs about the probability of …

. Should be exert more effort when he becomes more risk-averse? For instance, should we expect more risk-averse drivers to …