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had on lowering risk. After completing a simulation analysis and comparing means and standard deviations of the expected … historical returns. Then, using the historical data as a foundation, a simulation analysis was run to forecast future returns and … determine the risk associated with each feeding enterprise. LRP insurance was also added to the model to simulate the effects it …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009482346
management strategies under various risk preferences and utility-weighted certainty equivalent risk premiums. Yields, input rates …, risk analysis indicates CRP would be the preferred strategy for some risk-averse managers. …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009445784
participative systems approaches involving simulation-aided discussion with advisers and decision-makers. This has led to the … private advisers. Whopper Cropper consists of a database of simulation output and a graphical user interface to generate … simulation-aided discussions about relevant management actions. The critical role of farm management advisers and dialogue among …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009447918
the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009467405
. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009442826
-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009449067
underlying asset properties set the energy risk management industry apart fromits more standard equity and fixed income …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009455372
uncertainty. Using the framework for market risk measures we propose axioms for new classes of model uncertainty measures. Similar … to the market risk case, we prove representation theorems for coherent and convex model uncertainty measures. Example …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009441418
for invested capital. By using the model of the European electricity market and the market simulation tool which are both …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009467426
We develop a framework to study the effects of policies of uncertain duration onconsumption dynamics under both complete and incomplete markets. We focus on the dynamicimplications of market incompleteness, specifically on the lack of state-contingent bonds. Twopolicies are considered: pure...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009450564