This paper discusses aspects of risk and uncertainty relevant in an interdisciplinary assessment of climate change … aspects the IPCC guidance notes provides an interdisciplinary unified approach on risk and uncertainty. This is a significant …

We find that firm-level variance risk premium, estimated as the difference between option-implied and expected … variances, has a prominent explanatory power for credit spreads in the presence of market- and firm-level risk control variables … provide further evidence that: (1) variance risk premium has a cleaner systematic component and Granger-causes implied and …

Risk is a key factor for businesses, because you cannot get profit from any activity without risk. Since banking risks … financial markets and the implementation of adequate programmes of banking risk management. The paper analyzes, for the … beginning, a series of general aspects regarding risk and banking risk management. Then, we present the conclusions resulting …

includes the attractiveness of risk, subjective probability, and the utility of money. We tested the favourite-longshot bias …

Measuring risk in the stock market context is one of the key challenges of modern finance. Despite the substantial … significance of the topic to investors and market regulators, there is a controversy over what risk factors should be used to price … assets or to determine the cost of capital. We empirically investigate the ability of several commonly proposed risk factors …

carry too large costs and consequences of changes which are beyond their control and influence. Collective risk sharing is … based on the fact that it is impossible to separate redistribution from collective risk sharing. It is argued that insurance … the scope for collective risk sharing, namely, adverse incentive effects (common pool) and the nature of shocks. It is …