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In thick markets, we argue for enforcing the parties' risk allocation with market damages.
"The attraction for governments is clear: lower capital expenditures, and better risk allocation to the private sector," Atalla explained.
(c) The CP contract is more flexible in terms of risk allocation than the component contracts.
Asset Allocation and Risk Allocation: Can Social Security Improve its Future Solvency Problem by Investing in Private Securities?
Efficient risk allocation is appropriate risk sharing subject to incentive constraints.
The inherent fragility of CRT markets provides an important role for regulation to improve risk allocation.
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Once the underlying rules policing the bargaining process have been specified, contract rules serve as standard or common risk allocations that can be varied by the individual agreement of particular parties.
Current risk allocations and treatment recommendations for breast cancer patients are based largely on characteristics of the primary tumor; however, genetic differences between disseminated tumor cells and the primary carcinoma may negatively impact treatment efficacy and survival.
Because most of this work grows out of a conviction that specific risk allocations embedded in law could be improved upon, the merits of the newly proposed risk arrangements have taken center stage.
This Article, in contrast, examines questions surrounding risk customization itself such as the optimal amount of stickiness in society's default risk allocations, the effects of heterogeneity in risk arrangements, and the implications (cognitive and otherwise) of starting from one risk baseline rather than another.
Its goal is to structure portfolios with uncorrelated investment returns based on risk allocations, rather than asset allocations.
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CEO of Professional Science Editing for Scientists @ prosciediting.com