<p>The 2000/2001 winter was exceptionally rainy in Portugal and between November 2000 and March 2001 several floods occurred. In this period some localities registered the highest floods of the last hundred years. One example is the town of Amarante, in the north of Portugal, that has been affected...</p>

Public-private-partnership projects are long term, complex and very challenging contractual arrangements and relationships. They bring new roles for public sector and also for private sector in terms of construction and services. This paper will go through some features of the Finnish PPPs....

Value at Risk (VaR) has become the standard measure of market risk employed by financial institutions for both internal and regulatory purposes. VaR is defined as the value that a portfolio will lose with a given probability, over a certain time horizon (usually one or ten days). Despite its...