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Full-Text Articles in Business

Risk Assessment And Risk Management: Mending The Schism, Richard M. Sedman, Paul W. Hadley, Jun 1992

Risk Assessment And Risk Management: Mending The Schism, Richard M. Sedman, Paul W. Hadley,

RISK: Health, Safety & Environment (1990-2002)

The authors suggest that giving different individuals the responsibility for assessing and managing Risk may sometimes be counterproductive.


Interest Rate Swaps : A Bargaining Game Solution, Uday Apte, Prafulla G. Nabar Jan 1992

Interest Rate Swaps : A Bargaining Game Solution, Uday Apte, Prafulla G. Nabar

Historical Working Papers

Two types of interest rate swaps are analyzed, one between a firm and intermediary and one between two risky firms through an intermediary. A game model is introduced that can provide the equilibrium swap rate that is acceptable to both parties.