The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme … compatible trades, with non negative expected value with respect to any risk adjusted prior, strictly positive for some agent and …

-agricultural sector is considered as a risk- mitigating strategy by rural Pakistani households. This issue has already been addressed but … whether ex ante engagement in the non-agricultural sector is partly motivated by a desire to mitigate risk. The main feature …

Farm risk management for income stabilization is on-going issue. An applied work has been performed to measure farm … risk using a stochastic model. Risk management tools, with symmetric as well as asymmetric impacts, are then tested and … compared through ad hoc statistics. Normal farm business risk can be efficiently managed using a precautionary saving provision …

Living with risk can lead to anticipatory feelings such as anxiety or hopefulness. Such feelings can a¤ect the choice …

Value at Risk (VaR) is a measure of the maximum potential change in value of a portfolio of financial assets with a … given probability over a given time horizon. VaR became a key measure of market risk since the Basle Committee stated that …

This paper combines quantitative and qualitative data to investigate changes in perceived risk of contracting HIV … reduce their risk. Men report worrying most about their extramarital partners and adopting preventive strategies such as … fewer partners and more careful partner selection. We show that the decline in perceived risk is significantly associated …