Due to agriculture is a risky activity and risk models is important in order to analyze the behavior of farmers, hence, in this study, the factors affecting risk-taking and risk aversion is the region grape growers. Data analysis was performed by using stochastic frontier. Data gathered by questionnaires at three counties of Zabol, Hirmand and Zahak at 265 grape farmers in crop year of 2011-201...

This study focused on the public transport risk assessment in District one of ​​Tehran through Fault Tree Analysis involving the three criteria of human, vehicle and road in Haddon matrix. In fact, it examined the factors contributing to the occurrence of road accidents at several urban black spots within District 1. Relying on road safety checklists and survey of experts, this study made an ef...

Nowadays, shovels play an important role in production of open pit mines and their failures result in significant production loss and considerable increase in maintenance costs. Therefore, reliability and risk analysis can help to improve production, productivity and reduce production costs. In this study, reliability of electric cable shovel of Chadormalu iron ore mine in Iran was investigated...

We describe a numerical procedure to obtain bounds on the distribution function of a sum of n dependent risks having fixed marginals. With respect to the existing literature, our method provides improved bounds and can be applied also to large non-homogeneous portfolios of risks. As an application, we compute the VaR-based minimum capital requirement for a portfolio of operational risk losses.

In this paper, we consider a perturbed compound Poisson risk model with two-sided jumps. The downward jumps represent the claims following an arbitrary distribution, while the upward jumps are also allowed to represent the random gains. Assuming that the density function of the upward jumps has a rational Laplace transform, the Laplace transforms and defective renewal equations for the discount...

System Design According to ISO/EN 13849-1:2006 Safety Strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-15 Risk Assessment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-15 Machine Limit Determination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-16 Task and Hazard Ident...

By employing the non-stochastic data envelopment analysis (DEA) method, the present paper provides empirical evidence on the efficiency of the Malaysian banking sector around the Asian financial crisis. The empirical findings suggest that the foreign banks (FB) have exhibited higher technical efficiency (TE) compared to their domestic bank counterparts. However, the results suggest that the FB ...

Background and Research Objectives The risk assessment of high dimensional portfolios (X1, X2, . . . , Xd) is a core issue in the regulation of financial institutions and in quantitative risk management. In this regard, one usually attempts to measure the risk of the aggregate portfolio (defined as the sum of individual risks Xi) using a risk measure (such as the variance or the Value-at-Risk (...