Ertrags- und Risikomanagement am Finanzmarkt bei Investmentfonds werden dabei drei ausgew?hlte Themenbereiche herausgegriffen. …-oriented alignment of all business activities. Risk management that is always to be implemented as part of an integrated risk and return …. Against this background, the present thesis gives specific recommendations for the implementation of a sound risk management …

whether the profitability of these strategies might not also be explicable as justified risk premium in an efficient market …

. To encounter the changing framework, the risk management process slips into the scope of current efforts and therefore is …-factorial sensitivity analysis and the concept of Value-at-Risk are characterized to quantify the risks within a power-trading utility …’s portfolio consisting of various contracts for supply and sale of electricity. Different kinds of risk management objectives and …

steigern. Eine Divergenz im systemischen Risiko kann zu einer Divergenz im Versicherungsangebot führen. Eine öffentliche …­kosten als Hofertragsversicherungen. Letztere können aber, abhängig von den Selbstbeteiligungen, das Risiko der Landwirte stärker …

A theoretical optimal hedging model is developed to determine potential demand from Australianfarmers for a hedging … have been developed to hedge price risk on capitalmarkets; however, in more recent times new financial instruments, weather … derivatives, have beendeveloping that hedge the volumetric risk associated with unfavourable weather. Weatherderivatives have the …

hedging in terms of risk reduction, in that the certainty equivalent payoff at their optimal hedge may be little different to …The use by farmers of futures contracts and other hedging instruments has been observed to be low in many situations … understandable and consistent with rational decision making. Standard models of the decision about optimal hedging show that it is …

and uncertainties plague Texas cotton producers withunpredictable weather, insects, diseases, and price variability. Risk … management studieshave examined the risk reducing capabilities of alternative management strategies, butfew have looked at the … interaction of using several strategies in different combinations.The research in this study focuses on managing risk faced by …

difficulties that can ensue when failing to account for estimation risk in valuation and hedging formulae. … motion (GBM) process. That is, we show what difficulties can arise when failing to account for estimation risk. Our working … the underlying risk-neutral process. Next we extend our work to the contingent claim sensitivities associated with an …

. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …