? More particularly, can risk contracts, such as futures, play a role in such a context ? The three cases studied : citrus in …

relative risk as an investment class. In summary we find that art’s low correlation with the equities market and desirable risk …

New technologies used in payment methods can reduce risk, but they can also lead to new risks. Emerging retail payments … article describes an economic framework for understanding risk control in retail payments. Risk control is a special type of …, risk containment is critical, primarily through the establishment and enforcement of risk management policies. Informal …

is expected that relevant risk-related information will be released to the marketplace. Currently, however, it is … suggested that there is insufficient disclosure of risk information by banks and as a consequence Pillar 3 of Basel II lays out … a comprehensive framework for risk disclosures with the intention that this will enable stakeholders to assess the risk …

We elicit subjects' willingness to pay to reduce future risk. In our experiments, subjects are given a cash endowment … probability sessions, suggesting that this bias robustly persists in environments including both risk and future uncertainty, and …

This chapter of a collective book aims at presenting the basics of decision making under risk. We first define notions … of risk and increasing risk and recall definitions and classifications (that are valid independently of any … representation) of behavior under risk. We then review the classical model of expected utility due to von Neumann and Morgenstern …

, which allow to take into account observed behaviors as in Allais' paradox under risk or Ellsberg's paradox under uncertainty … uncertainty, and Quiggin and Yaari under risk, succeeded to characterize preferences which generalize the EU model, by means of a … for more diversified patterns of behavior under uncertainty as well under risk. …

affects. The modelling framework accommodates risk aversion, price uncertainty, and applies recent aggregation theory to … depend on the properties of producers’ risk preferences. With constant relative risk aversion there is a wealth effect which …