in recent decade, several methodologies and tools have been developed to undertake a risk analysis in order to prevent accidents in the process industries. attempts have been made to study and compare these methods. however, yet no method has been proposed to aid managers in a scientific selection of a proper risk analysis method. in this paper, we have presented a multi criteria decision makin...

I financial risk management, coherent risk measures have been proposed as a way to avoid undesirable properties of measures such as value at risk that discourage diversification and do not account for the magnitude of the largest, and therefore most serious, losses. A coherent risk measure equals the maximum expected loss under several different probability measures, and these measures are anal...

  Selecting an effective project plan is a significant area in the project management. The present paper introduces a technique to identify the project plan efficient frontier for assessing the alternative project plans and selecting the best plan. The efficient frontier includes two criteria: the project cost and the project time. Besides, the paper presents a scheme to incorporate Directed Ac...

Synopsis: Risk selection, which occurs when an individual’s demand for a product is correlated with her risk, creates inefficiencies and inequalities in markets for those products and services. Studies have shown that risk selection often occurs in health care markets, especially in markets for health insurance. Risk adjustment is a method that has been developed to correct those inefficiencies...

The portfolio selection problem is usually considered as a bicriteria optimization problem where a reasonable trade-off between expected rate of return and risk is sought. In the classical Markowitz model the risk is measured with variance, thus generating a quadratic programming model. The Markowitz model is frequently criticized as not consistent with axiomatic models of preferences for choic...

selection of genotypes based on high value of heritability and forecasted genetic conditions would be an effective method for improvement of wheat cultivars. the present investigation was carried out to estimate the genetic variability of agro-physiological characters using biometrical genetic techniques in 20 bread wheat genotypes under irrigated condition. for this purpose an experiment was c...

We develop a theoretical analysis of two widely used regulations of genetic tests, disclosure duty and consent law, and we run several experiments in order to shed light on both the takeup rate of genetic testing and on the comparison of policyholders’ welfare under the two regulations. Disclosure Duty forces individuals to reveal their test results to their insurers, exposing them to the risk ...

Balance sheet itself does not specify and show all the activities that a bank pays. Because banks can do many swap contracts and obligations, exchange, and commitments Outside of the balance sheet. To such activities and exchange that will not appear on the balance sheet, are saying off-balance sheet activities. These items are usually reported in the notes to the attached financial statements....

The proper description of dynamic information correlation among individual stages is very important for the construction of multi-period risk measure and the selection of optimal investment strategy. To overcome the limitations of existing random frameworks, we initially introduce a ”two-level” structure to describe the dynamic information evolution: the outer-level describes endogenous marcoma...