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Risk Management in the Business Process by David R. Koenig

This weblog looks to promote the use of risk management as an enhancement to the business decision making process. It is the author's belief that risk management can only realize its full potential when it has become ingrained as a normal part of every business decision.

 

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November 13, 2007

Call for Papers: Innovations in Risk Management

Special Issue on: "New Advances of Risk Management in Services"

Guest Editors:
John R. Birge, University of Chicago, USA
David R. Koenig, Past Chair, Board of Directors, Professional Risk Managers’ International Association, USA
Luis A. Seco and Desheng Dash Wu, University of Toronto, Canada

In recent years, risk management has attracted a great deal of attention from both researchers and practitioners. Typical financial hedging contracts have been used in the area of operation services by a growing number of operations management researchers. Risk creates lots of opportunity to make profits. Complexity and uncertainty in many practical problems require new methods and tools to handle. Risk management can be used as a tool for greater rewards, not just control against losses.

This special issue seeks to provide a platform for exchanging new ideas and to bring together state-of-the-art research from different perspectives. It focuses on real problems and opportunities that are being experienced in industry, and looks for papers that describe helpful, relevant research, or that reflect on the current state and identify new research directions.

Subject Coverage

We solicit papers that address the issues raised above with an emphasis on the use of models and tools from the areas of, but not limited to:

Risk issues in operations services
Integrated financial and operational hedging
Global risk management in manufacturing
Real options valuation and hedging in operations management
Risk issues in commodity procurement
Risk measures, performance evaluation and incentives
Financial risk management
Risk aversion in supply chain management
Managing operational risks
Risk assessment applications and performance analysis in the service sector (banking, entertainment, travel, rentals etc.).

Notes for Prospective Authors


Submitted papers should not have been previously published nor be currently under consideration for publication elsewhere

All papers are refereed through a peer review process. A guide for authors, sample copies and other relevant information for submitting papers are available on the Author Guidelines page

Important Dates


Deadline for submission of manuscripts: 15 December 2007

Approximate date for final submission of accepted manuscripts: May 2008

Editors and Notes

You may send one copy in the form of an MS Word file attached to an e-mail (details in Author Guidelines) to the following:

Desheng Dash Wu
Affiliated Professor, RiskLab
University of Toronto
Research Fellow, Joseph L. Rotman
School of Management
University of Toronto
Canada
E-mail: dash@risklab.ca

David R. Koenig
Executive Director and Past Chair
Board of Directors
Professional Risk Managers' International Association (PRMIA);
President, The PRMIA Institute
USA
E-mail: david.koenig@prmia.org

with a copy to:

IEL Editorial Office
E-mail: ijssci@inderscience.com


Please include in your submission the title of the Special Issue, the title of the Journal and the name of the Guest Editor

If accepted, you may need to provide the LaTex source code and all figure files. Questions should be directed to Guest Editors, as above plus John R. Birge [john.birge@chicagogsb.edu] and Luis A. Seco [seco@risklab.ca]

Posted by dkoenig at November 13, 2007 10:21 AM

Comments

Dear Sir/Madam,
The studies of the joint distributions of some actuarial random vectors, for the compound Pascal model of which appear on insuring practice, are important and significant. In the paper to title �Ruin probability and joint distributions of some actuarial random vectors in the compound Pascal model�, we study the ruin probability and the finite-horizon ruin probability in the compound Pascal risk model, the joint distributions of some actuarial random vectors, and obtained the explicit expressions of the above questions.

Yours Faithfully!

Xianmin Geng

Posted by: Desheng Dash Wu at December 17, 2007 08:47 PM

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