We introduce a top-down no-arbitrage model for pricing structured products. The losses are described by Cox processes whose intensities depend on economic variables. The model provides economic insight into the impact of structured products on the risk exposure of financial institutions and...

Considers the estimation problem of the total warranty cost under two types of warranty. The product (e.g. car) is sold under two types of warranty (mileage and age). The failed product will be minimally repaired by the manufacturer during the preassigned warranty, the length of which is...

The purpose of this study was to investigate the relative importance of determinants that should be considered first in order for container terminals to realize carbon neutrality and become an eco-friendly port. Three upper determinants and 12 lower determinants were derived through the...