singularity bias). The analysis is carried out in a set of hidden common shocks models with Archimedean dependence for which the … period we evaluate the impact of the singularity bias on two measures representative of the actuarial approach to systemic … risk. The singularity bias induces a severe underestimation of last-to-default systemic risk measures, while the sign and …

fixed and future income is uncertain, such measurement does not reflect the ex ante risk of falling into poverty. This paper …

the wealth is restricted to a small number of tokens. The CRI, when used alongside other well known portfolio measurement …

Overconfidence is a well-established bias in which someone's subjective confidence in their own judgments is … dramatic consequences. To test whether the overconfidence bias affects the decision of backcountry skiers to go on a ski trip …

events. If random measurement error is associated with some or all of the estimates, we show that resulting estimates of …. Skewness may result even in unbiased estimators of expected value from simple lotteries, if measurement error is associated …