The research aims to identify and rank the greatest risks of natural disasters to which Romania will be the subject in the coming years and to emphasize the best practices for risk management of disasters in the European Union. The research on the economic and social impacts of disasters in...

This paper is devoted to risk management and risk measurement methods. The author considers methods of risk measurement and proposes the Integral Sum of Diff erential Weighted Indexes of Risks (or ISDWIR) method of risk measurement. The method is based on dynamic enterprise risk matrices. The...

This article analyzes differences in patterns of financial development across the major East Asian economies, particularly for the three largest economies of the region (China, Japan and South Korea), in the context of the possibilities for greater regional financial integration. It argues that...

This paper wants to bring to attention the importance of risks and their management in today’s economic crisis. The sector presented is the IT& C, especially software, because Romania had a growth in this area for a few years but beginning the crisis this segment in economy had known a serious...

This paper tackles the subject of risk management in the specific context of citizen oriented innovative software development projects. Research hypotheses are enunciated. Research standards and methodology are defined. Using data collected from specialized scientific literature, the risk...

This paper is concerned with linear portfolio value-at-risk (VaR) and expected shortfall (ES) computation when the portfolio risk factors are leptokurtic, imprecise and/or vague. Following Yoshida (2009), the risk factors are modeled as fuzzy random variables in order to handle both their random...

This paper studies the issue of modeling conditional covariance for a mixed-asset portfolio consisting of stock, bond, and REITs. We examine the performances of six commonly used covariance estimators. We find that no single estimator delivers the best performance when a wide range of...

Internal risk management models and downside-risk measures such as Value-at-Risk (VaR) play an important role in contemporary banking practice. VaR measures the maximum loss born by a bank or other financial institution over a certain time period and given a certain level of confidence....

The present study seeks to examine the factors affecting the risk management of the travel agencies in Yazd province. Using random sampling, 71 questionnaires were distributed. This is an applied study using descriptive surveys. To identify the factors influencing on the risk management,...

Deployment of distributed electricity resources requires bringing together assets that belong to diverse and geographically diffuse owners. Using the example of distributed solar PV, we analyze the schemes used to encourage/induce owners of distributed assets to make them available for...