Market participants' risk attitudes, wealth and portfolio composition in°uence their positions in a pegged foreign … solved in closed form and the methods could be used to study other economic issues in which coordination and risk aversion …

that deterring collusion with infinitely risk averse supervisors is impossible, while it is costless to do so under risk … neutrality, we develop here a theory of collusion based on a trade-off between the risk premia required by (less extreme) risk … attitudes and incentives. This allows us to link the efficiency of collusion to the supervisor’s risk aversion and to various …

a deeper understanding as to why the economy lacks in specific areas of risk sharing arrangements. As well, it can point … to areas where the economy's risk sharing capability can be enhanced. Using household data from the Panel Study of Income … Dynamics, we find that a negligible amount of risk (around 10%) is shared in the aggregate, about 50% is shared within regions …

risk information in the global economy. The paper examines the current state of the financial risk framework, notes its … place. The proposed open-source financial risk model separates the dual function that internal risk models perform within … financial institutions, first to attempt to optimize the risk-return profile of mostly private economic rent-seeking entities …

Complex regulatory decisions about risk rely on the brokering of evidence between providers and recipients, and involve … risk science, decision psychology and computer simulation. A two-agent model that accounts for the sufficiency of evidence …