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Introduction To The Special Issue On "Operational Research And Asia Risk Management"

Author

Listed:
  • DESHENG DASH WU

    (School of Science and Engineering, Reykjavik University, Reykjavik, Iceland;
    RiskLab, University of Toronto, Toronto, Canada)

  • DAVID L. OLSON

    (Department of Management, University of Nebraska, Lincoln, NE, USA)

  • LUIS A. SECO

    (Department of Mathematics, University of Toronto, Toronto, Canada)

  • JOHN BIRGE

    (Graduate School of Business, University of Chicago, Chicago, IL, USA)

Abstract

Risks are traditionally defined as the combination of probability and severity, but are actually characterized by additional factors. We believe the characteristics of risks include uncertainties, dynamics, dependence, clusterings and complexities, which motivate the utilization of various operational research tools. The objective of this issue is to survey the practice of using operational research tools in risk management, especially Asian risk management.

Suggested Citation

  • Desheng Dash Wu & David L. Olson & Luis A. Seco & John Birge, 2011. "Introduction To The Special Issue On "Operational Research And Asia Risk Management"," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 28(01), pages 1-1.
    • Handle: RePEc:wsi:apjorx:v:28:y:2011:i:01:n:s0217595911003016
    DOI: 10.1142/S0217595911003016
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    References listed on IDEAS

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    Cited by:

    1. Young Kim & Rosella Giacometti & Svetlozar Rachev & Frank Fabozzi & Domenico Mignacca, 2012. "Measuring financial risk and portfolio optimization with a non-Gaussian multivariate model," Annals of Operations Research, Springer, vol. 201(1), pages 325-343, December.
    2. Christopher Gaffney & Adi Ben-Israel, 2016. "A simple insurance model: optimal coverage and deductible," Annals of Operations Research, Springer, vol. 237(1), pages 263-279, February.
    3. Choi, Tsan-Ming & Ma, Cheng & Shen, Bin & Sun, Qi, 2019. "Optimal pricing in mass customization supply chains with risk-averse agents and retail competition," Omega, Elsevier, vol. 88(C), pages 150-161.
    4. Avi Herbon & Konstantin Kogan, 2014. "Time-dependent and independent control rules for coordinated production and pricing under demand uncertainty and finite planning horizons," Annals of Operations Research, Springer, vol. 223(1), pages 195-216, December.
    5. Christopher Gaffney & Adi Ben-Israel, 2016. "A simple insurance model: optimal coverage and deductible," Annals of Operations Research, Springer, vol. 237(1), pages 263-279, February.

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