Similar Search Results

Environmental Protection: The Market or the State? Self Regulation versus Institutional Change.

Burgenmeier, B; Butare, T. - Geneva School of Economics and Management, Université … - 1994

Persistent link: https://www.econbiz.de/10005780566

Uncertainty and Global Warming Policy.

Baranzini, A.; Chesney, M.; Morisset, J. - Geneva School of Economics and Management, Université … - 1994

Persistent link: https://www.econbiz.de/10005780570

Long Term Risk Management of Nuclear Waste: a Contingent Claim Analysis.

Chesney, M.; Louberge, H.; Villeneuve, S. - Geneva School of Economics and Management, Université … - 1999

In this paper, we investigate the optimal timing and location for deep geological disposal of nuclear waste. Our model is based on the real options approach to investment under uncertainty. In this context, the problem is similar to the optimal exercise policy for a perpetual American spread option.

Persistent link: https://www.econbiz.de/10005780574

Multivariate Risk Premium and its Relation to Partial Multivariate Risk Premiums

Courbage, C. - Geneva School of Economics and Management, Université … - 1998

In this paper, we present a version of the multivariate risk premium for additive risks and the necessary and … sufficient conditions to compare global attitudes towards multivariate risk. The link between this risk premium and well …-known partial multivariate risk premiums is then investigated. …

Persistent link: https://www.econbiz.de/10005780580

Understanding the Structure of Village and Regional Economies.

Townsend, R.M. - Economics Research Center (ERC), University of Chicago - 1990

Persistent link: https://www.econbiz.de/10005780624

Real Interest Rates, Sovereign Risk and Optimal Debt Management.

Drudi, F.; Giordano, R. - Banca d'Italia - 1994

The role of movements in real rates in explaining the relationship between long and short-term interest rates is explored using a model of optimal government debt management.

Persistent link: https://www.econbiz.de/10005780674

Are Banks Risk-Averse? A Note on the Timing of Operations in the Interbank Market.

Angelini, P. - Banca d'Italia - 1996

The paper presents a simple theory of intraday behavior in the interbank market.

Persistent link: https://www.econbiz.de/10005780675

Corporate Insurance with Optimal Financial Contracting

Caillaud, B.; Dionne, G.; Jullien, B. - 1996

financing generates a demand for insurance by risk-neutral entrepreneurs. In our model, the entrepreneur needs external … insurance and banking activities are exogenously separated. Finally, we show how are results imply 'induced risk aversion' for … risk-neutral firms and we extend the model to property insurance. …

Persistent link: https://www.econbiz.de/10005780736

Multiple Risks and Asymmetric Information.

Koehl, P.F.; Villeneuve, B. - 1996

case if her global risk premium is lower than the sum of premia for insuring each risk at once. We prove that a utility …

Persistent link: https://www.econbiz.de/10005780742

Testing the Proportional Odds Model under Random Censoring.

Dauxois, J.Y.; Kirmani, S.N.U.A. - 2001

In practical applications, it is not uncommon for the hazard functions obtained for two groups to converge with time. We develop a procedure for testing the proportional odds assumption when the available data consists of two independent random samples of randomly right censored lifetimes.

Persistent link: https://www.econbiz.de/10005780745