sensitive to shocks to aggregate cash flows and/or to the price of risk. Thus, ceteris paribus, firms that are exposed to …

risk borne by the tenant and the landlord under 10 different types of flexible cash leases.  Probability distributions for … yields, prices and production costs were incorporated.  Measures of risk included standard deviation of profits, probability … of loss, and 10th percentile value at risk.  A profit sharing lease that included rent adjustments for all three …

of risk associated with educational investments. We find no consistent evidence supporting that international differences … in the rates of return to education are explained by variations in the level of market risk. For males we find that …

regulation of risks and this study proposes an inventory of them. Besides this aspect, the risk and performance are inextricably … requirements. The measures of performances as market values are complementary and their adjustment according to risk is a permanent … concern for the banking sector. Defining the risk and performances is a classical approach, but important because it is the …

risk, trust, hope and time. This article seeks to identify and analyse key aspects of the condition of uncertainty through …

The core of portfolio selection theory centers on striking a balance between risk-return trade-off of a given … alternatives when faced with problems associated with risk-return trade-off. We strongly suggest that practioners as well as policy …

Internal models of operational risk are all built based on the same guidelines provided by the regulators. However, we … discuss the relative importance of the main drivers and modeling choices of the operational risk capital charge. Many studies … of analytical models for operational risk in order to assess the relative importance of all parameters of the model. In …

parameters such as impatience to obtain tax revenue - the discount rate - and the willingness and ability to carry risk be … progressivity on the one hand and the incentive for the oil companies and the host government to carry risk and investment on the …