dominated by synoptic winds (thunderstorms and east-coast lows). Break-even estimates of risk reduction and adaptation cost for … adaptation is not cost-effective. It was found that this adaptation strategy can lead to risk reductions of 50–80 % at a cost of … approximately 1 % of house replacement value. If risk reduction is over 50 %, discount rate is 4 %, and there is no change of …

decision making in disaster risk reduction planning and risk governance. To quantify regional social vulnerability to natural …

Decisions of investing in sovereign assets involve both risk and ambiguity. Ambiguity arises from unknown elements …

trading, with low risk exposure. The portfolio of risk holdings by member proprietary traders are also examined to identify … inventory holding, rebalancing, and volatility risk exposures. Findings of longer-term risk management practices by option … actively managed, while rebalancing risk exposure has a significant impact on profit for this trading group. Copyright Springer …

We present evidence of a risk-taking channel of monetary policy for the U.S. banking system. We use confidential data …’s survey of terms of business lending. We find that ex-ante risk taking by banks (as measured by the risk rating of the bank …

The canonical principal-agent problem involves a risk-neutral principal who must use incentives to motivate a risk … inefficient shifting of risk to the agent. This article, however, summarizes experimental research that throws doubt on the … inefficient risk-sharing. These experimental outcomes, while anomalous from the standpoint of principal-agency theory, are quite …