Choosing solutions under risk and uncertainty requires the consideration of several factors. One of the main factors in … choosing a solution is modeling the decision maker's attitude to risk. The expected utility theory was the first approach that … allowed to correctly model various nuances of the attitude to risk. Further research in this area has led to the emergence of …

Dual risk models are popular for modeling a venture capital or high-tech company, for which the running cost is … deterministic and the profits arrive stochastically over time. Most of the existing literature on dual risk models concentrates on … development for the dual risk models to minimize the ruin probability of the underlying company. We will also study the …

The PRISM method is a risk assessment approach that focuses on hidden-risk identification and ranking. The combined AHP … alternatives without losing its ability to focus on identifying hidden risk. The method was tested on data related to strategic …

This paper aims to develop optional semimartingale methods in risk theory to allow for a larger class of risk models … usual conditions - completeness and right-continuity of the filtration - are not assumed. Three risk models are formulated … oscillations or jumps, and the third introduces a Gaussian risk model using counting processes to capture premium and claim cash …

By examining the significant flaws in multivariate risk analysis and integrated risk analysis, this article introduces … a new approach to evaluating the total risk within complex risk systems: the principle of multi-dimensional risk (MDR …) analysis. Under this framework, the scope of each individual risk is first defined, and the risk-bearing entity is identified …

This study explores the effectiveness of various methods for measuring risk tolerance, with the aim to better … understand the risk-taking attitudes and behaviors of financial decision-makers. Using data collected between October 2020 and … March 2021, the research investigates three key areas: (a) the stability of risk tolerance over a six-month period, (b) the …

opportunities while also introducing new risks. The aim of this study is to investigate the relationship between risk and return in … any dynamic link between risk and return in the Indian fintech market. The variance-based Mean-GARCH (GARCH-M) model was … used to determine whether there is a dynamic link between risk and return in the Indian fintech market. The findings …