one type of correlation product, the differential swap, to show how nonseparable risk may escape traditional methods of …Unlike standard derivatives instruments, correlation products contain nonseparable risk, meaning that the price … sensitivity of one risk factor is a function of the level of another risk factor. This article outlines the pricing and hedging of …

choice under risk. Various combinations of these approaches are used with expected utility and rank-dependent theory to …

endogenous responses to the fundamentals driving asset prices. When agents are risk-averse they need to make forecasts of the … time in agents¡¯ estimates of risk. …

of choice under risk. The axiomatic foundation of Yaari's non-expected utility approach permits the formulation of a …'s attitude towards risk from its attitude towards wealth and is consistent with experimental evidence on decision-making under … wealth and is compatible with either risk aversion or risk inclination. This appealing feature of the dual theory allows us …

namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional …

index of institutionalized social technologies and its sub indices namely Risk reducing technologies and Anti rent seeking …

Three experiments are presented that compare alternative explanations to the coexistence of risk aversion and under …