The Econometrics of Individual Risk

The individual risks faced by banks, insurers, and marketers are less well understood than aggregate risks such as market-price changes. But the risks incurred or carried by individual people, companies, insurance policies, or credit agreements can be just as devastating as macroevents such as share-price fluctuations. A comprehensive introduction,

Riscurile individuale cu care se confrunta bancile, asiguratorii si agentii de marketing sunt mai putin bine intelese decat riscurile agregate, cum ar fi modificarile preturilor pietei. Insa riscurile suportate sau asumate de persoane individuale, companii, polite de asigurare sau contracte de credit pot fi la fel de devastatoare ca macroevenimentele, cum ar fi fluctuatiile pretului actiunilor.