Showing 1 - 10 of 507
In dieser Arbeit setzen wir uns mit den Auswirkungen von Risikobeschränkungen auf das optimale Verhalten eines Investors auseinander, welcher versucht, den erwarteten Endnutzen zu einem festgelegten Zeitpunkt zu maximieren. Dazu kann er ein vorgegebenes Anfangsvermögen in einem Markt...
Persistent link: https://www.econbiz.de/10009462193
that the Student copula was more appropriate for drought analysis in the selected area. Drought probabilities and return … periods were calculated and analyzed based on the four-dimensional copula. …
Persistent link: https://www.econbiz.de/10009430735
specialisation as the classical instruments of coping with production risk. Althoughthe measurement of embedded risk is often …. In financial science, copula functions are frequently used insteadof correlation coefficients to model joint price … less use of thismethod. This research uses the concept of “partly nested Archimedean copula” to model therelationship …
Persistent link: https://www.econbiz.de/10009443376
Recent and presumable future developments tend to increase the risk associated with farming activities. This causes an … increasing importance of risk management. Farmers have a wide variety of possibilities to influence the risk exposure of their … as to match the resources of the farm as well as the farmer's attitudes towards risk. The paper addresses this issue …
Persistent link: https://www.econbiz.de/10009483581
the more conventional two-dimensional methodologyof assessing the relative risk and return attributes of various assets … relevance, the studymakes suggestions as to how time horizons could be incorporated into the risk returnassessments of various …
Persistent link: https://www.econbiz.de/10009457807
the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …
Persistent link: https://www.econbiz.de/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://www.econbiz.de/10009442826
-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …
Persistent link: https://www.econbiz.de/10009449067
choice of viewpoint from which to assess outcomes, time horizon, choice of normative system, measurement properties of the …
Persistent link: https://www.econbiz.de/10009468417
-response choice models. This is achieved by adopting different copula-based methodologies, which offer flexible dependency structures … methodology to capture the social dependency (or correlation) across observational units. In particular, a clustered copula …
Persistent link: https://www.econbiz.de/10009429372