high and the overweighting of low probabilities, the Allais paradox, risk aversion, loss aversion, the Ellsberg paradox …

risk neutral probabilities associated an adjustment to asymmetrical views. …

Last year, Romania ranked among first countries in the region as receiver of foreign direct investments and the … Romania today maybe the most valuable country rating: the respect. The present policy of foreign direct investments in Romania … investments in the last years. Each foreign investment represents an investment in Romania, in the people of this country, in its …

risk exposure as a business imperative of the parties’ choice of multiparty arbitration. Emphasis throughout is put on the …

an uniform solution of the underweighting of high and the overweighting of low probabilities, of the Allais paradox, risk …

Microeconometric treatments of discrete choice under risk are typically homoscedastic latent variable models … parameters meant to represent agents’ degree of risk aversion in the sense of Pratt (1964) do not imply a suggested … “stochastically more risk averse” relation within such models. A new heteroscedastic model called “contextual utility” remedies this …

assessing risk, problems arising from different perceptions of risk, and solutions aimed at countering problems of risk … risks, well known risk theories such as cultural theory, risk society theory and governmentality theory. In addressing the … reasonably without the consequential effects which result from the dual nature of risk that is, risks emanating from the …

these Accords, namely the management of risk, that more work is still required particularly in relation to hedge funds and …