Risk and Capital : Proceedings of the 2nd Summer Workshop on Risk and Capital Held at the University of Ulm, West Germany June 20-24,1983

Prologue -- Opening Address -- Risk and Saving -- I: Information, Risk Aversion, and Capital Market Theory -- The Impacts of Variance Reducing Strategies in Dyopolistic Capital Markets -- Notes on Costless Financial Signalling -- Variable Information and Capital Market Equilibria -- Diffusion Process Specifications for Interest Rates -- Mis-Specifications in Portfolio Selection Problems -- Increasing Multivariate Risk: Some Definitions -- A Firm in Statu Nascendi — Initial and Final Shareholders -- A Consistent Model for the Pricing of Derivative Assets in a Discrete Time Framework -- II: Management, Policy, and Empirical Evidence -- Credit Contracts, Collateral-Based Security Agreements, and Bankruptcy -- Reserve Levels and Reserve Requirements for Profit-Maximizing Insurance Firms -- Financial Planning via Stochastic Programming: A Stochastic Flows-With-Gains Approach -- Corporate Planning and Capital Maintenance -- Optimization Models for Distribution Planning -- Stock Market Research in Germany: Some Empirical Results and Critical Remarks -- Quantity Rationing of Economic Transactions in a Risky Environment -- Financial Risk and Capital Structure: Theory and Practice in an International Context -- Up the Down Staircase: The Productivity Decline and Strategies for Recovery.