The nation's politics and institutions embody Knightian uncertainty
Post-crisis push for better female board representation paying off
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Risk management articles
Banks and regulators face new risk culture challenges
Greater role for risk management in strategic plans proposed
Concerns raised about liquidity in stressed environments
Dealers query risk management, valuation and default management
The dangers of complacency, excessive risk and management failures
The institutionalisation of P2P lending is creating new risks, critics warn
The authors investigate the performance of the ordinary least squares (OLS) regression method in Monte Carlo simulation algorithms for pricing American options.
In their 2001 paper, Longstaff and Schwartz suggested a method for American option pricing using simulation and regression, and since then this method has rapidly gained importance.
This paper introduces a technique for pricing and risk measurement of portfolios containing swaption contracts in the presence of counterparty credit risk, under general market model and volatility ...
The authors consider the optimal strategy of research and development (R&D) expenditure adopted by a firm that engages in R&D to develop an innovative product to be launched in the market.
Volume 18, Issue 1, 2014
This paper presents a specific modeling relationship between spot (day-ahead, or "cash" prices) and the prompt-month futures contract in the natural gas (natgas) market. Under the mean-reverting model...
For more than twenty years now, wind power has been one of the main renewable energy sources. Whereas offshore wind utilization still has a high risk profile, the repowering of wind converters offers an...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.