results of the two-risk model of Rothschild and Stiglitz (1976), but including the latter as a special case. Rothschild and … information. Third, the potential non-participation of one type risk arises despite competition, depending on the degree of … information. Last, in a public voluntary regime, one type risk may prefer to be uninsured and still consume healthcare. …

This work deals with strategies of risk management techniques in projects and portfolios in the situation of radical … innovation. Existing literature suggests different methods of risk management at the level of 1) projects (S1) (unknown reduction … by selecting a priori the less uncertain projects, depending on the identified market and technological risk) 2 …

competing density forecasts over a specific region of interest, such as the left tail in financial risk management. These …

Expected Shortfall (ES) has been widely accepted as a risk measure that is conceptually superior to Value-at-Risk (VaR … desirable properties of risk measures like coherence, comonotonic additivity, robustness and elicitability. We check VaR, ES and … their impact on capital allocation, an important issue in risk management. We find that, despite the caveats that apply to …