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Journal of Risk and Financial Management, Volume 10, Issue 3

September 2017 - 3 articles

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Articles (3)

  • Letter
  • Open Access
1 Citations
4,223 Views
6 Pages

Global Hedging through Post-Decision State Variables

  • Michèle Breton and
  • Frédéric Godin

Unlike delta-hedging or similar methods based on Greeks, global hedging is an approach that optimizes some terminal criterion that depends on the difference between the value of a derivative security and that of its hedging portfolio at maturity or e...

  • Article
  • Open Access
34 Citations
6,931 Views
18 Pages

In this paper, we examine the impact of trade openness on bank risk-taking behavior. Using a panel dataset of 291 banks from 37 emerging countries over the period from 1998 to 2012, we find that higher trade openness decreases bank risk-taking. The r...

  • Article
  • Open Access
9 Citations
8,825 Views
21 Pages

The present study aims to conduct a quantitative evaluation of evacuation route safety using the Ant Colony Optimization (ACO) algorithm for risk management in central Tokyo. Firstly, the similarity in safety was focused on while taking into consider...

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J. Risk Financial Manag. - ISSN 1911-8074