In terms of risk measurement, probability and quantile risk estimation have developed enormously in the past decade, from value-at-risk measures to coherent measures such as expected shortfall. These measures allow an investor to determine their risk profile accounting for losses (quantiles) at...

Surveys continue to highlight that most senior business executives aredissatisfied with the value they believe their organizations are deriving frominvestments in information technology. What is often forgotten is that IT initself has no inherent value. This value must be unlocked, and only...

Development economists generally argue that poor countries at their early stages of development are often faced with limited domestic resources for development, and can therefore borrow from the developed nations to boost their rate of growth and development. This financing gap problem, which is...

The understanding that investments are one of the key factors in the process of reproduction and are also one of the most unstable components of the aggregate demand stipulates the need for effective management of the investment process on the macro as well as micro levels. Investment process...

Replaced with revised version of paper 07/18/10.

Biogas recovery systems that use methane from manure to generate electricity have not been widely adopted in U.S. mainly because the costs of constructing and maintaining these systems have exceeded the value of the benefits provided. Climate change mitigation and renewable energy policies could...

The implementation of a crop insurance program is an oldrequirement of the agricultural sector. After the failure of the NationalCrop Insurance Company (CNSA), in the period of 1954 through 1966,the federal government started to stimulate the agricultural insurance market. Aiming increase the...

This study objective at investigating the Brazilian soybean complex in the period 1990 to 2006, using the theoretical model of Brander-Spencer (1984) and the instrument of strategies based on game theory. The methodology used to estimate the payoffs of the game between Brazil and the United...