the policy that maximizes robustness to unstructured uncertainty. …

A methodology for the conceptual design phase risk assessment of an aerospace system was proposed. The method was … designed to examine political, social, and economic risk over a systems lifecycle through the use of future scenarios to bound … political, social, and economic risk during conceptual level design, and that this information can be used to aid in design down …

Popular ways of hedging downside risk of a stock portfolio is by means of a constant proportion portfolio insurance … (CPPI) strategy or by means of an options-based portfolio insurance strategy (OBPI). However both have drawbacks in terms of …. Unlike CPPI and OBPI, it will work in a crash situation too. …

the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …

. 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 …

-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …

deficit. The rule has not been properly framed within the broader context of Anglo-American political economy. Any theory must … recognize that the rule fundamentally deals with business risk and economic organization. Two conceptions of risk are important …: risk to economic assets essential to the production function (loss of a factor of production), and risk to outcomes (loss …

shifts in risk assessments over time the first approach is to explicitly construct an appropriate risk measure. Showing that … this cannot be done in a straightforward way, the second and more important approach takes the existence of such a risk … generalization of the Blackwell and Dubins Theorem to coherent as well as convex risk measures. …

Standard accident models are based on the expected utility framework and represent agents’ beliefs about accident risk … accident risk and cannot accommodate optimism (ambiguity loving) or pessimism (ambiguity aversion). This paper presents a …