adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new … exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include …

The measurement and the allocation of risk are fundamental problems of portfolio management. Coherent measures of risk … provide an axiomatic approach to the former problem. In an environment given by a coherent measure of risk and the various … portfolios' realization vectors, risk allocation games aim at solving the second problem: How to distribute the diversification …

two periods can be decided either sequentially or simultaneously. We show that only a situation where all risk types …