Comparing risks with unbounded distributions

Article Abstract:

Unstable convergence of distributions does not satisfy Rothschild and Stiglitz's representation of increasing risks with respect to probability distributions which are unbounded. Thus, the Rothschild and Stiglitz representation of increasing risk needs to incorporate a more well-qualified definition of convergence. Moreover, the evaluation of Landsberger and Meilijson's alternative version of increasing risk relative to 'v' provide additional evidence about risk characterization.

Asset & Risk Management, Models, Economic aspects, Risk (Economics), Distribution (Economics), Stochastic systems

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Robert McNamara and the ghosts of Vietnam

Article Abstract:

The Americans, led by McNamara, along with their Vietnamese counterparts relived the war, analyzing the mistakes and misconceptions made on both sides, and the tragic results. McNamara conceded that he made mistakes but his desire to hear a similar confession from the Vietnamese was not satisfied.

United States, Analysis, Cover Story, Beliefs, opinions and attitudes, International relations, Vietnam, United States foreign relations, Vietnamese Conflict, 1961-1975, Vietnamese foreign relations, McNamara, Robert S., Nguyen Co Thach

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A car called Blueberry

Article Abstract:

A housewife fondly remembers the used Plymouth Valiant which served as their family car. Due to its sky-blue color, the owners named the car Blueberry. For 20 years, the car played a significant role in their lives.

Appreciation, Used cars, Used automobiles, Plymouth Valiant (Automobile)

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