Francis, Bill; Gupta, Aparna; Hasan, Iftekhar - In: European Journal of Operational Research 242 (2015) 2, pp. 651-676
, specifically the changes in risk taking through the changing regulatory environment for these banks. We perform a simulation … compensation, and in turn their joint impact on a bank's riskiness. The three hypotheses we examine using the simulation analysis … prudence in the risk taking behavior. The simulation model allows isolating each factor for its impact on a particular bank …