Search Results - subject:"Risk vulnerability"

Stemming the tide : does climate risk affect M&A performance?

Lodh, Suman; Deshmukh, Nitin; Rohani, Alireza - In: Business strategy and the environment 33 (2024) 2, pp. 858-881

Persistent link: https://www.econbiz.de/10014467365

Insurance demand in the presence of loss‐dependent background risk

Hinck, Sebastian; Steinorth, Petra - In: Journal of Risk and Insurance 90 (2023) 4, pp. 991-1026

We analyze insurance demand when insurable losses come with an uninsurable zero‐mean background risk that increases in the loss size. If the individual is risk vulnerable, loss‐dependent background risk triggers a precautionary insurance motive and increases optimal insurance demand....

Persistent link: https://www.econbiz.de/10014503907

Insurance demand in the presence of loss-dependent background risk

Hinck, Sebastian; Steinorth, Petra - In: The journal of risk & insurance 90 (2023) 4, pp. 991-1026

Persistent link: https://www.econbiz.de/10014443641

Risk-taking-neutral background risk

Franke, Guenter; Schlesinger, Harris; Stapleton, Richard C. - 2013

We define a class of risk-taking-neutral (RTN) background risks. These background risks have the property that they will not alter decisions made with respect to another risk, for individuals with HARA utility. If we wish to compare a decision made with and without some exogenous background...

Persistent link: https://www.econbiz.de/10010291486

Risk-Taking-Neutral Background Risk

Franke, Guenter; Schlesinger, Harris; Stapleton, Richard C. - CESifo - 2013

Persistent link: https://www.econbiz.de/10010877707

Decreasing Downside Risk Aversion and Background Risk

Crainich, David; Eeckhoudt, Louis; Courtois, Olivier Le - IÉSEG School of Management, Université Catholique de Lille - 2013

restrictions on the shape of the utility function in order to make preferences risk vulnerable. In this note, we indicate that risk … vulnerability can also be associated with the sole assumption of decreasing downside risk aversion (DDRA). That is, no matter how …

Persistent link: https://www.econbiz.de/10010700950

Conflict and entrepreneurial activity in Afghanistan: Findings from the national risk vulnerability assessment data

Ciarli, Tommaso; Parto, Saeed; Savona, Maria - 2010

The paper examines the relationship between conflict and entrepreneurial activity in Afghanistan, drawing upon a unique data set, the National Risk and Vulnerability Assessment household survey 2005. Afghanistan is severely underdeveloped and poor. Conflict has persisted in vast swathes of the...

Persistent link: https://www.econbiz.de/10010333036

Conflict and Entrepreneurial Activity in Afghanistan: Findings from the National Risk Vulnerability Assessment Data

Ciarli, Tommaso; Parto, Saeed; Savona, Maria - World Institute for Development Economic Research … - 2010

Persistent link: https://www.econbiz.de/10008456285

On Cross-risk Vulnerability

Malevergne, Yannick; Beatrice, Rey - HAL - 2009

We introduce the notion of cross-risk vulnerability to generalize the concept of risk vulnerability introduced by … Gollier and Pratt [Gollier, C., Pratt, J.W. 1996. Risk vulnerability and the tempering effect of background risk. Econometrica … 64, 1109–1124]. While risk vulnerability captures the idea that the presence of an unfair financial background risk …

Persistent link: https://www.econbiz.de/10008792022

Preferences and Increased Risk Aversion under a General Framework of Stochastic Dominance

Donald C., Rudow - Volkswirtschaftliche Fakultät, … - 2005

risk aversion due to changes in the background risk within this framework is equivalent to Ross risk vulnerability. The …

Persistent link: https://www.econbiz.de/10011115503