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 …

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …

return distributions are not Gaussian and volatility is not, always, the relevant risk metric. Other authors also use the … same criterion for optimizing (non-linear) portfolios with important downside risk. However, we wonder in this article … return and risk, corresponding to the Omega measure, may be essentially influenced by the mean return. Next, we illustrate in …