In this paper, I first provide a unifying approach to Mean-Variance analysis and Value at Risk, which highlights both their similarities and differences. Then I use it to explain how fund managers can take investment decisions within the well-known Mean-Variance allocation framework that satisfy...

Explicitly or implicitly, general models of European integration claim that EC regulatory expansion involves a struggle for power between Commission and national governments. The Commission is seen as a policy entrepreneur, taking the initiative to drive forward integration (Sandholtz and Zysman...

This paper analyses the strategies of four humanitarian agencies which have been engaged in humanitarian work in Sri Lanka since the start of the war in 1983 and explores the ways in which humanitarian agencies engage with the combatants in a 'complex political emergency'. The paper focuses on...

This paper reviews the main characteristics of the provision, organization and financing of appprenticeship in a number of leading European countries - Austria, Denmark, France, Germany and the Netherlands. These are compared to current practice in Britain as exemplified by Modern...

We examine the relationship between risk analysis and inequality analysis, using a questionnaire-experimental approach .The experiments focus on the effect of income transformations on the perceived rankings of income distri- butions in either a risk or inequality context. Both context and...

Almost 20 years ago, in a paper introducing the text mining (TM) technique to my fellow statisticians, I expressed the fear that: “it would be unfortunate that this technique, because it is apparently so easy to use, would be abused by incompetent analysts” (Lahlou, 1994, my translation)....

"This paper addresses two questions: -Can Welfare-to-Work expand employment and -Has Britain''s New Deal for young people actually done so, and have its benefits justified the cost? There is ample evidence that unemployment (and employment) is affected by how the unemployed are treated. Other...

The growth and development of the United States’ non-profit sector in its service and civil society capacities could not have taken the course it did by relying solely on private voluntary contributions. Within the US non-profit sector, there few large “pure” non-profit service providers...