Mean-Risk Analysis: An Introduction -- Mean-Risk Analysis of Single-Period Inventory Problems -- Mean-Risk Analysis of Multi-Period Inventory Problems -- Mean-Risk Analysis of Supply Chain Coordination Problems -- Mean-Risk Analysis: Conclusion, Future Research and Extensions

This chapter introduces a risk control framework on credit card fraud instead of providing a solely binary classifier model. The anomaly detection approach is adopted to identify fraud events as the outliers of the reconstruction error of a trained autoencoder (AE). The trained AE shows fitness...

Cyber risk refers to risk affecting information and technology assets of a corporation or government institution. As cyber risk management become important, insurance is one possible solution. However, lack of data and severe information asymmetries increase the difficulties in pricing-related...

In effort to understand and reduce flood consequences more effectively and strategically, flood risk assessment has been a cornerstone of a long-term flood management. One component of flood risk assessment is the estimation of a range of possible damage to an area exposed to flooding, that is,...

The Public Sector is usually assumed to have a risk avoidance culture, with a reactive rather than proactive approach towards the management. However, an improved holistic approach seems to be required, especially when considering the complexity and size of the Public Sector, and the challenges...

A comprehensive guide to financial engineering that stresses real-world applications Financial engineering expert Charles S. Tapiero has his finger on the pulse of shifts coming to financial engineering and its applications. With an eye toward the future, he has crafted a comprehensive and...

This edited volume expands the scope of risk management beyond finance to include resources and environment issues in China. It presents the state-of-the-art approaches of using risk management to effectively manage resources and environment. Both case studies and theoretical methodologies are...