A risk-premium adjustment to the policy rate

The Risk Free Rate and the Market Risk Premium

Risk Adjustment for a Children's Capitation Rate

Few capitation arrangements vary premiums by a child's health characteristics, yielding an incentive to discriminate against children with predictably high expenditures from chronic diseases. In this article, we explore risk adjusters for the 35 percent of the variance in annual out-patient expenditure we find to be potentially predictable. Demographic factors such as age and gender only explai...

The Equity Premium Puzzle and the Risk-free Rate Puzzle

This paper studies the implications for general equilibnum asset pricing of a class of Kreps-Porteus nonexpected utility preferences characterized by a constant intertemporal elasticity of substitution and a constant, but unrelated, coefficient of relative risk aversion. It is shown that relaxing the parametric restriction on tastes imposed by the time-additive expected utility specification do...

A possibilistic approach to risk premium

Risk aversion is one of the main themes in risk theory. Risk theory is treated usually by probability theory. The aim of this paper is to propose an approach of the risk aversion by possibility theory initiated by Zadeh in 1978 as an alternative of probability theory in the modeling of uncertain situations. The main notions studied in this paper are the possibilistic risk premium and the possib...

Proposed Solutions to Implement the Priorities of the Sendai Framework to Reduce the Risk of Accidents: A Policy Brief

Accidents and disasters impose enormous costs on governments and nations each year, as well as causing great suffering to people affected by various disasters around the world. Today, accidents and disasters account for a large portion of government resources and programs. Iran is no exception to this rule. It is one of the ten most populated countries globally and the fourth most troubled coun...