lifecycle strategy can still be made with modest assumptions for risk aversion and diminishing utility from wealth. Our … provide an expected utility framework to compare different strategies. We find that with a very reasonable degree of risk …

risk aversion, and we also provide guidance about utility-maximizing glide paths …

wealth. We find that investors with very reasonable amounts of risk aversion may prefer the lifecycle approach, despite the …

This stochastic simulation analysis examines the risk characteristics of target-date funds focusing on the trade …. The risk-return tradeoffs associated with equity exposure, particularly for workers approaching retirement, underscore the … importance of full disclosure, realistic assessment of risk tolerance and participant behavior, and due consideration of income …

Risk is an unavoidable situation. Both individuals and business entities are exposed to various types of risk on a … insecurity, business entities have acknowledged the value of risk management. Risk management is a process that entails risk … analysis and planning. Risk analysis is a central part of the mentioned process that consists of identification, risk …

This paper adds to the ongoing debate about low farmers' uptake of risk management (RM) tools subsidised by the Common … intermediaries and the perceived barriers to adopting may influence farmers' intention to adopt the insurance and to participate in … intention to adopt (e.g. risk attitude). Data were gleaned from direct interviews among 105 Italian farmers and analysed through …

The Income Stabilization Tool, a risk management scheme introduced within the Common Agricultural Policy (CAP) 2014 … farmers' contributions and their degree of risk aversion. However, the CAP public support makes the scheme financially …