In the scope of a recently launched European Research Project, a team of experts from public laboratories and TSO is in charge of defining the concepts and methodological approaches to design and analyse the technical and economic feasibility of future HVDC grids. This work aims at identifying,...

An increasing number of hazardous natural phenomena is one of the results of climate change for Russia. Risks increase in coastal areas with high concentration of hazards and high density of population and economic activity. In 2012, an integrated damage from floods was about 1 billion euros;...

Background: We propose using neighborhood characteristics as demand-related morbidity adjusters to improve prediction models such as the risk equalization model. Results: Since the neighborhood has no explicit 'place' in healthcare demand models, we have developed the 'Neighborhood and...

Loan default risk or credit risk evaluation is important to financial institutions which provide loans to businesses and individuals. Loans carry the risk of being defaulted. To understand the risk levels of credit users (corporations and individuals), credit providers (bankers) normally collect...

Abstract Es wurden Erfahrungen zur Umsetzung der Gefährdungsbeurteilung bei psychischen Belastungen in Deutschland untersucht. Dazu konnten Schwerpunktaktionen identifiziert und ebenso bewertet werden wie Vorgehensweisen und Instrumente. Bei der erfolgreichsten Schwerpunktaktion wurden...

We consider the problem of model assessment by risk estimation. Variousapproaches to risk estimation are considered in a uni ed framework. This a discussion of various complexity dimensions and approaches to obtainingbounds on covering numbers is also presented.The second type of training sample...

Pine wood nematode, B. xylophilus poses a serious threat for the European forestindustry. This study applies a quantitative risk assessment to analyze the risk of pinewood nematode in the EU, by estimating the reduction expected within forestry stockavailable for wood supply and its downstream...

Terrorism poses both direct and indirect threats to the operations of the firm. It represents a market imperfection that increases transaction costs and creates barriers to the free flow of goods, affecting potential gains that would occur in the presence of unhindered exchange. Terrorism...

This research examines the cross-section of expected returns in the UK stock marketfor the period January 1969-December 2001, with particular reference to the role ofrisk adjustments and the pricing of characteristic factors.This study has three empirical parts. This first part of the empirical...

We explore the link between portfolio home bias and consumption risk sharing among Italian regions using household-level information on consumption, income and portfolio holdings. Since equity fundsare typically diversified at the national or international level, we use data on equity fund...