Quantitative Methods for Environmental Justice Assessment of Transportation

Application of Executive Order 12898 to risk assessment of highway or rail transport of hazardous materials has proven difficult; in general, the location and conditions affecting the propagation of a plume of hazardous material released in a potential accident are unknown. Therefore, analyses have only been possible in a geographically broad or approximate manner. The advent of geographic information systems and development of software enhancements at Sandia National Laboratories have made kilometer-by-kilometer analysis of populations tallied by U.S. Census blocks along entire routes practicable. Tabulations of total or racially/ethnically distinct populations close to a route, its alternatives, or the broader surrounding area, can then be compared and differences evaluated statistically. This article presents methods of comparing populations and their racial/ethnic compositions using simple tabulations, histograms, and chi-square tests for statistical significance of differences found. Two examples of these methods are presented: comparison of two routes and comparison of a route with its surroundings.     

基于动态因子Copula模型的行业间系统性风险分析

国际金融市场间的相关关系以及系统性风险受到很多学者的重视,本文则以我国股市的行业指数作为研究对象进行实证研究。通过构建动态因子Copula模型,文章对行业的日收益率数据进行了动态相关性分析,并基于风险预期占比度量了我国行业之间系统性风险的溢出效应。本文分析了2006年1月4日至2016年7月1日的28个行业指数数据,基于GAS动态负荷因子的变化路径来刻画其相关关系,通过风险预期占比来研究行业间的风险溢出效应。研究表明,各个行业指数收益率之间存在较强的关联性。就单个行业来说,化工行业与其他行业关系最为不稳定。就金融与非金融行业而言,金融行业对非金融行业的影响较大且较为平稳。本文所得研究结果可以为投资者和风险管理者在进行决策时提供一定的指导。     

How to Perform an Ethical Risk Analysis (eRA)

Ethical analysis is often needed in the preparation of policy decisions on risk. A three‐step method is proposed for performing an ethical risk analysis (eRA). In the first step, the people concerned are identified and categorized in terms of the distinct but compatible roles of being risk‐exposed, a beneficiary, or a decisionmaker. In the second step, a more detailed classification of roles and role combinations is performed, and ethically problematic role combinations are identified. In the third step, further ethical deliberation takes place, with an emphasis on individual risk‐benefit weighing, distributional analysis, rights analysis, and power analysis. Ethical issues pertaining to subsidiary risk roles, such as those of experts and journalists, are also treated in this phase. An eRA should supplement, not replace, a traditional risk analysis that puts emphasis on the probabilities and severities of undesirable events but does not cover ethical issues such as agency, interpersonal relationships, and justice.     

供应商专项投资与感知的合作风险:关系发展阶段与控制机制的调节作用研究

本文从供应商———制造商关系发展这一动态的角度探讨供应商专项投资与其感知合作风险之间的关系以及契约和关系规范的不同调节作用.通过对中国家电行业261对供应商与制造商的关系的问卷调查,采用因子分析和多元回归的方法对概念模型及假设进行验证.本文研究结果表明:(1)在不同的关系发展阶段供应商专项投资与其感知的合作风险有着显著的差异.(2)尽管契约和关系规范对供应商专项投资与其感知的合作风险间的正向关系有着负向调节作用,但在关系发展的不同阶段,这种调节作用也存在着显著的差异.本文对于认识和了解关系发展阶段中供应商专项投资带来的合作风险感知水平的变化以及两种不同控制机制调节作用的差异性具有重要的理论和现实意义.     

企业战略联盟风险防范体系的架构研究

在对企业战略联盟存在的风险及规避措施进行理论透析的基础上,给出了企业战略联盟伙伴选择机制的权值排序模型。提出了企业战略联盟的3种风险防范整合架构,并论述了三者之间的相关关系。最后通过实例对企业战略联盟伙伴选择机制的权值排序模型和风险防范整合体系进行了验证。     

业务外包风险分析与控制

结合现代企业理论中的交易费用理论和“委托-代理”理论,对业务外包风险进行了深入的剖析,详细分析了外包决策和执行两个阶段的风险,并提出了相应的风险控制策略。     

Bounds in Competing Risks Models and the War on Cancer

In 1971, President Nixon declared war on cancer. Thirty years later, many declared this war a failure: the age‐adjusted mortality rate from cancer in 2000 was essentially the same as in the early 1970s. Meanwhile the age‐adjusted mortality rate from cardiovascular disease fell dramatically. Since the causes that underlie cancer and cardiovascular disease are likely dependent, the decline in mortality rates from cardiovascular disease may partially explain the lack of progress in cancer mortality. Because competing risks models (used to model mortality from multiple causes) are fundamentally unidentified, it is difficult to estimate cancer trends. We derive bounds for aspects of the underlying distributions without assuming that the underlying risks are independent. We then estimate changes in cancer and cardiovascular mortality since 1970. The bounds for the change in duration until death for either cause are fairly tight and suggest much larger improvements in cancer than previously estimated.     

Risk Perception in a Developing Country: The Case of Chile

In this work we characterize risk perception in Chile, based on the psychometric paradigm, exploring the difference between perceived social and personal risk. For this purpose, we conducted a survey including 54 hazards, 16 risk attributes, and 3 risk constructs. The survey, divided into four parts, was administered to 508 residents of Santiago, Chile. Using factor analysis, three main factors, which accounted for 80% of the sample's variance, were identified: factor 1, commonly called "Dread Risk" in the literature, explained 37% of variance; factor 2, "Unknown Risk," explained 28%; and factor 3, which we called "Personal Effect," explained 15% of the variance. On average, individuals perceived themselves as less exposed to risk and with more control and knowledge about them than the general population. OLS regression models were used to test the association of perceived risk with the three main factors. For social risk, factor 1 had the greatest explanatory power, while factor 2 had a negative sign. For personal risk, only factors 2 and 3 were significant, with factor 3 having the greatest explanatory power. Risk denial (defined as the difference between perceived personal and social risk) was associated with factors 1 and 2 only, with factor 2 having a negative sign. The difference between desired and actual regulation levels proved positive for all hazards, thus indicating that Chileans are dissatisfied with the current regulation level for all the hazards analyzed. The comparison of data at the aggregate and at the individual subject's level suggests that while the aggregate analysis overestimates the magnitude of the correlations it still reflects the tendency of the individual responses.     

基于模糊综合评判收益约束的贷款组合优化模型

贷款组合优化是商业银行信贷管理中最常见的决策。本文分析了现有的贷款组合优化模型的特点和弊端,以组合风险最小化为目标,以模糊数学中的综合评判关系为约束条件,建立了贷款组合的模糊优化模型。在组合收益率的综合评判目标和评判矩阵已确定的前提条件下,利用二次规划的方法解出各类贷款额占总贷款额的比重,解决了银行各类贷款的组合决策问题。通过进一步的实例分析,又从实证角度说明了该方法的合理性和可行性。     

Chinese and Americans Agree on What Is Fair,but Disagree on What Is Best in Societal Decisions Affecting Health and Safety Risks

Through surveys of students and junior professionals and interviews with business and government executives, we studied Chinese choices and fairness perceptions in risky health and safety decisions. The survey responses were compared with American responses from an earlier study by Keller and Sarin.The survey results show that the American and Chinese respondents had similar fairness perceptions, but the Chinese did not make decisions that were consistent with their fairness perceptions, whereas the Americans did. We found that the middle-age Chinese professionals tended to make choices that were more different from the Americans than were the choices of the young Chinese management students. It is likely that these discrepancies were caused by cultural differences, with the younger Chinese tending to face a stronger Western influence.The insights from the survey results were enriched by interviews that revealed fairness perceptions of Chinese business and government executives. A framework to interpret cultural influences on decision making was also proposed.