One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects … of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international … trade rules. The book is divided into sections dealing with: accounting for risk in trade agreements; risk and the WTO …

academic research articles one should know in risk measurement and management. Through his central position in financial … Diebold's fascinating compilation summarizes the history of risk management research, focussing on research prior to the … involved in risk management, both in academia and in industry.'--Andrew Lo, MIT Sloan Management, US. This authoritative volume …

catastrophic in their consequences. Therefore, the elaboration of effective risk-management plans, aimed at formulating viable … management of environmental risks - environmental pollution risk and natural catastrophe risk in particular. It discusses the … issue of insurability of such risks, analyses the increasing risk of liability for environmental pollution and the …

exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include … analysing capital investment choice as a process. The understanding of this process requires some modification and significant …: * the nature of capital investment decisions * entrepreneurship and the market order * capital investment choice processes …

In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes … established that both the short-run and long-run performance of a capitalist system depend upon investment, but he failed to …

frequencies, the Consumption-CAPM is still rejected by the data and requires a very high level of Relative Risk Aversion(RRA) in … order to rationalize the stock market risk premium. This result holds for a variety of data sources and samples –including …-sectional dis-persion of consumption risk relative to the cross-sectional variation of average returns …