The optimum behavior of a competitive risk-averse international trader who supplies or demands commodities invoiced in … foreign currency is examined when his profits are subject to several forms of risk: production, domestic cost, the exchange … and the double hedging theorems are derived. The behavior of the same firm with and without complete markets is compared …

recently that the term sustainability economics was used explicitly in the ecological, environmental, and resource economics … community. Yet, the contributions that use the term sustainability economics do not refer to any explicit definition of the term … background. The question thus arises: What is sustainability economics? In this essay, we make an attempt at systematically …

This paper discusses methods to quantify risk and uncertainty in macroeconomic forecasts. Both, parametric and non … macroeconometric model of the Bundesbank for Germany. Forecast intervals that integrate judgement on risk and uncertainty are obtained. …

results regarding the test of TCE guided hypotheses in prior relationship marketing and management research. To overcome these …

China has turned from a 'low risk' to a 'high risk' society since the start of the market reforms in the late 1970s … exposure and vulnerability to them unequally among different social groups. This paper attempts to apply the risk concept to … this family, and explore the relationships between livelihood, risk, social networks, agency and public policy …

This note considers the treatment of risk and uncertainty in the recently established social cost of carbon (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …

This paper is devoted to risk management and risk measurement methods. The author considers methods of risk measurement … and proposes the Inte- gral Sum of Differential Weighted Indexes of Risks (or ISDWIR) method of risk measurement. The … method is based on dynamic enterprise risk matri- ces. The matrix describes the changes of corporate risk values over the …

although risk can be measured, uncertainty cannot be measured. Even though risk can be measured, a simple symmetric measure … attempt at "measuring" risk or (fundamental) uncertainty is flawed. …