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An Option-Based Operational Risk Management on Pandemics
This paper employs the theory of real option pricing to address problems in the area of operational risk ... help firms determine the optimal triggers in the event of an influenza pandemic. The first stage proposes ...- Authors: Samuel Cox, Hua Chen
- Date: Jan 2008
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Topics: Enterprise Risk Management>Operational risks