Showing 31 - 40 of 697,925
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 …
Persistent link: https://www.econbiz.de/10003551804
Persistent link: https://www.econbiz.de/10003395806
Persistent link: https://www.econbiz.de/10008652271
Persistent link: https://www.econbiz.de/10003946395
Persistent link: https://www.econbiz.de/10009159502
Persistent link: https://www.econbiz.de/10009309117
Persistent link: https://www.econbiz.de/10011313725
two periods can be decided either sequentially or simultaneously. We show that only a situation where all risk types …
Persistent link: https://www.econbiz.de/10009750235
This paper investigates the effect of adverse selection and price competition on the private annuity market in a model with two retirement periods. In this framework annuity companies can offer contracts with different payoffs over the periods of retirement. Varying the time structure of the...
Persistent link: https://www.econbiz.de/10009750561