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Agents who pursue optimal portfolio choice by optimizing a univariate objective (e.g., an expected utility) obtain optimal payoffs that are increasing with each other (comonotonic). This situation may lead to an undesirable level of systemic risk for society. A regulator may therefore aim to...
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Chapter 1. Introduction (James Thewissen) -- Part I. Energy Resources and ESG Criteria: Demand and Supply Issues -- Chapter 2. The Causal Relationship Between ESG and Economic Growth: Evidence from the Panel of Commonwealth Independent States (Nermin Yasar Baskaraagac) -- Chapter 3....
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