the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …

and com-modity price levels and volatilities emphasize the importance of risk management to ethanol investors. This paper … uses an insurance approach to outline a risk management tool which mimics the gross margin level of a typical corn …

, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …This half-semester course discusses decision theory and topics in game theory. We present models of individual decision …-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance …

and poverty on arson, in ways expected from theory. All findings support an economic model of crime. …

, where it persists even among large commercial operations. Six theoretical explanations for the observed correlation between …, grower risk aversion, asset specificity, and technological change. Information from five annual national surveys is used to …

In this paper, we extend the debate concerning Credit Default Swap valuation to include time varying correlation and co … approaches. This paper also includes an empirical analysis of the regime switching dynamics of credit risk in the presence of … liquidity by following the general practice of assuming that credit and market risk follow a Markov process. The study was based …

compare the risk-return tradeoff for six constructed portfolios comprised of emerging markets, developed markets, and the risk … European ETF was used as an alternative developed market, and U.S. treasuries served as a proxy for the risk-free asset. I … found that the diversification benefits of emerging market securities significantly improved the risk-return tradeoff of …