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Agriculture is one of the sectors most exposed to a plethora of risky phenomena such as weather, pests and diseases, changes in prices and government policies, instability of global markets. We review the literature on risk management (RM) in agriculture focusing on five key issues: i) why...
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Philosophical Consideration of Quantitative management -- The role of “Fuzz-AI Model” in Quantitative Management -- The Conceptual Investigation of “Deep Data” and “Deep Knowledge” -- Fuzzy Quantitative Risk Management -- Quantitative Studies in Risk Management by Knowledge...
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We estimate partial- and total-fuel substitution elasticities between electricity, gas and oil, using firm-level data. We find that, based on the partial elasticity measure, electricity is the least-responsive fuel to changes in its own price and in the price of other fuels. The total elasticity...
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This paper assesses the impact of crude oil price movements on two macro variables - the gross domestic product (GDP) growth rate and consumer price index inflation rate - in the developed economies of the United States and Japan, and an emerging economy, the People's Republic of China (PRC)....
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