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of risk, both being associated to the stresses supported by the socio-economic system. We propose instruments for … resilience build-up and management based on a novel classification of risk and resilience management regimes corresponding to the … system's degree of uncertainty/predictability and stress level within it. Four main quadrants are identified: Ad hoc …
Persistent link: https://www.econbiz.de/10011516605
reliance, identify possible vulnerabilities by simulating shocks to GSCs in presence of uncertainty. We stress test supply … sourcing diversification changes in the presence of uncertainty and what are the implications for supply chain robustness and …
Persistent link: https://www.econbiz.de/10013443613
robustness under risk aversion and ambiguity aversion. We aim to understand the potential consequences of deeply uncertain … chain-level preparedness to aggregate shocks. Augmenting a parsimonious supply chain model with uncertainty, we analyse the … relationship between the upstream sourcing decisions and the supply chain survival probability. Both risk-averse and ambiguity …
Persistent link: https://www.econbiz.de/10014520125
argument becomes defensible after the relationship between risk and uncertainty is understood, after the dynamic interaction of … politics of risk measurement and assessment, of compensation and prevention, and of management and resolution. After outlining …
Persistent link: https://www.econbiz.de/10010390790
Persistent link: https://www.econbiz.de/10012435335
Persistent link: https://www.econbiz.de/10012317170
resilience as indicated by its high-risk exposure and vulnerability. The objective of this paper is to point to policymakers the …. Policymakers should be aware and conversant about risk analysis, risk management, and what policies can best respond to exogenous …
Persistent link: https://www.econbiz.de/10011448778
investors carry power market risks, in particular the power price risk. At the same time however, under the current financial … endanger further deployment and the achievement of renewable targets with it. Against this background we take a risk … perspective to assess the past and upcoming EEG reforms, with the aim of developing a proposal to gradually shift risk towards RE …
Persistent link: https://www.econbiz.de/10010495612
Assuming a risk-neutral bank and assuming household utility to be exponential, we show how under information symmetry …
Persistent link: https://www.econbiz.de/10010426364
's desire to tilt, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the …
Persistent link: https://www.econbiz.de/10010426370