high enough price. But it is likely to be preferable, at least ex ante, for the Navy to dissipate risk external to its … volatile than have material-cost indexes with lower weight on iron and steel. A risk-averse shipbuilder will require a premium … to bear this cost structure?mismatch-driven risk. The authors urge the Navy to develop a modern-vessel index that more …

risks effectively. The basis for an effective risk management is a thorough risk analysis. Despite the availability of many … different risk analysis approaches, companies can be reluctant to use them, since the models are usually complex and very time … consuming. Objectives: The main objective is to present a simple, yet effective risk analysis approach that can also serve as a …