robustness through risk analysis, which uses Latin hypercube sampling (LHS) to estimate the probabilities of specific system … systems, namely Kanban, Conwip, Hybrid, and Generic. In this example, Hybrid turns out to be best. However, when risk is … ignored, then Generic is best; so risk considerations do make a difference! The methodology can be easily applied to any …

, we show that agents economic hedging portfolios can be obtained by an intuitively appealing, risk aversion …-weighted approximate replication of the economic risk variables using the investment opportunity set, as opposed to the unweighted hedging … demand obtained in the traditional mean-variance framework.We find that agents across a broad range of levels of risk …

equilibrium predictions for risk neutral or homogenous risk averse bidders (extent of bid shading, average seller s revenues and …

principles of risk allocation and valuation from an academic and public sector perspective. Both the private and public sector … consider risk allocation to be a critical issue with respect to PPPs and VfM generation, although governments adopt a less … complex approach to risk measurement. This paper analyses papers, case-studies, and reports concerning VfM from PPPs and …

values.We incorporate RFV into an exogenous boundary structural credit risk model and compare its e ect to more typical … credit risk models.We show that some features of existing structural models are a result of the recovery form assumed in the …

interbank market is a potential important driving factor in the risk and impact of interbank contagion.We investigate the … evolution of contagion risk for the Belgian banking system over the period 1993-2002 using detailed information on aggregate … decreased the risk and impact of contagion.Moreover, an increase in the proportion of cross-border interbank assets has lowered …