This paper proposes a new framework that enhances traditional risk assessment by incorporating higher-order statistical moments—specifically skewness and kurtosis—through the Cornish-Fisher expansion. Standard risk models, which rely primarily on mean and variance, often underestimate the...

This paper analyzes Management Buyouts (MBOs), where management teams acquire their companies. It explores various MBO types, such as Traditional, Employee, Management Employee, Divisional, and Buy-in Management Buyouts, each with distinct characteristics. The rationale for MBOs includes...

This paper provides a comprehensive overview of the Amazon, a vital ecological treasure in Latin America. It covers the region's environmental significance as the planet's largest rainforest and a major carbon sink, housing immense biodiversity. The study also traces the Amazon's geological...

This paper proposes a paradigm shift from price-based to quantity-based electricity subsidies, inspired by the characteristics of distributed generation technologies such as photovoltaics (PV solar). This approach, aimed at addressing the significant challenges in Mexico's electricity sector...

This paper critically examines the phenomenon of nearshoring in Mexico within the broader context of global value chain (GVC) reconfiguration. As geopolitical tensions, rising labor costs in Asia, and the push for supply chain resilience have intensified, nearshoring has emerged as a prominent...

The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to implement. Cordon tolls are feasible, and their...

The paper attempts to identify factors that influence modal split for journeys to work in cities with populations of between 100 thousand and 500 thousand in Germany, the Netherlands, Switzerland and the UK. The sample consisted of 34 cities. The analysis revealed a significant negative...