interest is defined as the risk minimizer for a suitable loss function and candidate estimators are generated using a loss … minimizing, over subsets of variables (e.g., basis functions), the empirical risk of subset-specific estimators of the parameter …

face uninsurable labour income risk. Idiosyncratic uncertainty about future labour income reduces the marginal propensity …

funds with respect to the risk levels. In particular, the risk is defined starting from an Asymmetric Threshold-GARCH model … aimed to describe minimum, normal and turmoil risk. The third step merges the previous two. An application to 75 European …

near-frictionless refinancing opportunities-led to vastly increased systemic risk in the financial system. Individually …

-escalated projects. Thirty critical risks were selected and classified into nine risk categories under three dimensions such as product …, people, and process. Probability and loss in each nine risk category were measured on the basis of 247 survey cases from IS … professionals. The results show that the risk probability in the people dimension and the process dimension with management aspects …

whether this type of behavior persists when risk comes into play. I devise an experiment which sheds light on the … interrelation of risk and social preferences by measuring (1) individual risk preferences, (2) interpersonal risk preferences, and … (3) social preferences under certainty. The results reveal that a large share of subjects choose to accept more risk or …