ommon global risk factors for neonatal deaths include preterm births, birth complications, and infections such as tetanus, sepsis, and pneumonia, all of which disproportionately affect low- and middle-income countries (LMICs). These risk factors can be minimised or prevented through the delivery of high-quality antenatal care (ANC) [1]. ANC encompasses health promotion, education, disease…
This open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how …
This open access book is a groundbreaking exploration of systemic risk in modern financial systems. Through its theoretical and empirical investigations, it reveals the multidimensionality of systemic risk, the transmission channels of crises, and the interlinkages between physical, transition, and financial risks. It introduces cutting-edge methodologies, including prediction and optimization …
This open access book addresses the future of work and industry by 2040—a core interest for many disciplines inspiring a strong momentum for employment and training within the industrial world. The future of industrial safety in terms of technological risk-management, although of obvious concern to international actors in various industries, has been quite sparsely addressed. This brief refle…
In this work, the authors deliver an analysis of how the US currently mitigates, insures against, and finances recovery from natural disasters.OCLC-licensed vendor bibliographic record.
Essays by leading economic thinkers reflecting the influence of 2001 Nobel Prize winner Joseph E. Stiglitz. Throughout Joseph Stiglitz's long and distinguished career in economics, the focus has been on the real world, with all of its imperfections. His 2001 Nobel Prize recognized his pioneering research in imperfect information; his work in other areas, including macroeconomics, public economi…
This book updates and advances the theory of expected utility as applied to risk analysis and financial decision making. Von Neumann and Morgenstern pioneered the use of expected utility theory in the 1940s, but most utility functions used in financial management are still relatively simplistic and assume a mean-variance world. Taking into account recent advances in the economics of risk and un…
Before Fukushima, the most notorious large-scale nuclear accident the world had seen was Chernobyl in 1986. The fallout from Chernobyl covered vast areas in the Northern Hemisphere, especially in Europe. Belarus, at the time a Soviet republic, suffered heavily: nearly a quarter of its territory was covered with long-lasting radionuclides. Yet the damage from the massive fallout was largely impe…
The Nature of the Farm is a theoretical and empirical study of contracts and organization in agriculture based on the transaction cost framework. Transaction costs are important in agriculture because nature (for example, seasonality, weather, pests) plays such a critical role in determining output and limiting the ability of farmers to specialize. The book develops specific models and tests th…
From the Publisher: Fundamental change occurs most often in one of two ways: as a "fatal discontinuity," a sudden catastrophic event that is potentially world changing, or as a persistent, gradual trend. Global catastrophes include volcanic eruptions, viral pandemics, wars, and large-scale terrorist attacks; trends are demographic, environmental, economic, and political shifts that unfold over …