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into the future. It proposes sound principles of risk management that make sense in today's society generally, going beyond … them, it deals with different aspects of the theory of risk-bearing. I explain current responses to global change, focusing …
Persistent link: https://www.econbiz.de/10005619688
.S.A. and Australia. It examines differing risk/return expectations across stages of the investment continuum (from R&D through …
Persistent link: https://www.econbiz.de/10009209696
develop competence about risk in water transport. The development of the cargo transport in river traffic depends directly on … consequences. Current risk assessment methods for water transport just consider some dramatic events. We present a new method for … the assessment of risk and vulnerability of water transport where river depth represents a crucial part. The analysis of …
Persistent link: https://www.econbiz.de/10010607569
The property catastrophe reinsurance industry faces a major challenge. Since 1989, climatic volatility has produced unprecedented insured losses of $43 billion, $18 billion of which were from Hurricane Andrew alone. A surge of insurer defaults and dramatic changes in capacity and pricing have...
Persistent link: https://www.econbiz.de/10005619352
develop competence about risk in water transport. The development of the cargo transport in river traffic depends directly on … consequences. Current risk assessment methods for water transport just consider some dramatic events. We present a new method for … the assessment of risk and vulnerability of water transport where river depth represents a crucial part. The analysis of …
Persistent link: https://www.econbiz.de/10010795489
is a new risk factor for enterprises taking part in this system. In this paper, we analyze how risk emerging from … loss account accounting for uncertainties and dependencies. Consequently, this model provides a basis for risk assessment …
Persistent link: https://www.econbiz.de/10008489639
Modeling the price risk of CO2 certificates is one important aspect of integral corporate risk management related to … emissions trading. The paper presents a risk model which may be the basis for evaluating the risk of emission certificate prices …
Persistent link: https://www.econbiz.de/10005426774
This article adopts the asymmetric DCC with one exogenous variable (ADCCX) model developed by Vargas (2008), by updating the concept of ‘volatility surprise’ to capture cross-market relationships. Current methods for measuring spillovers do not focus on volatility interactions, and neglect...
Persistent link: https://www.econbiz.de/10011205314
equilibrium. Paper [III] studies the risk-return profile of centralized and decentralized banks. We address the conditions that … potential borrowers may nevertheless give a decentralized bank a lower overall risk in the lending portfolio than when decisions … the calculation of the Value at Risk. In particular, a seller seeking to liquidate a large portfolio may not face …
Persistent link: https://www.econbiz.de/10010538873
The core purpose of this empirical study is to investigate the influence of intellectual capital on stock market performance of the Visegrad countries in era of financial turmoil. This study is prompted by increasing evidence that the major drivers of value creation focus on a firm’s...
Persistent link: https://www.econbiz.de/10010839249