Concepedia

Optimal Risk Allocation

Optimal Risk Allocation is a theoretical framework in contract design that specifies how risks should be distributed among parties to maximize efficiency by assigning each risk to the party best able to bear or mitigate it, relative to their incentives and information.

228

Publications

14.2K

Citations

414

Authors

284

Institutions

Publications per year

2017–2026

42

Parents

Publications

228

Risk Sharing and Incentives in the Principal and Agent Relationship

Steven Shavell · The Bell Journal of Economics · 1979 · 1.3K citations

, , +17

The Role of Securities in the Optimal Allocation of Risk-bearing

K. J. Arrow · The Review of Economic Studies · 1964 · 1.2K citations

, , +17

An ounce of prevention or a pound of cure: bioeconomic risk analysis of invasive species

Brian Leung, David M. Lodge, David Finnoff et al. · Proceedings of the Royal Society B Biological Sciences · 2002 · 1K citations · Full text

, , +16

Implications of Efficient Risk Sharing without Commitment

Narayana Kocherlakota · The Review of Economic Studies · 1996 · 759 citations

, , +16

Modelling optimal risk allocation in PPP projects using artificial neural networks

Xiaohua Jin, Guomin Zhang · International Journal of Project Management · 2010 · 247 citations

, , +16

1–5 of 228

Authors

414

  1. LR
    Ludger Rüschendorf

    University of Freiburg, Germany

    5 publications · 205 citations

    5

    h-index

  2. AA
    Andrew Ang

    BlackRock (United States), United States

    5 publications · 234 citations

    5

    h-index

  3. TJ
    Tim J. Boonen

    University of Amsterdam, Netherlands

    4 publications · 107 citations

    4

    h-index

  4. GS
    Gregor Svindland

    Ludwig-Maximilians-Universität München, Germany

    4 publications · 85 citations

    4

    h-index

  5. HY
    Hailiang Yang

    University of Hong Kong, Hong Kong SAR China

    3 publications · 71 citations

    3

    h-index

1–5 of 414

Institutions

284

  1. National Bureau of Economic Research

    Cambridge, United States

    9 h-index

    11 publications

    577 citations

  2. University of Waterloo

    Waterloo, Canada

    5 h-index

    5 publications

    243 citations

  3. UNSW Sydney

    Sydney, Australia

    5 h-index

    6 publications

    248 citations

  4. Columbia University

    New York, United States

    5 h-index

    6 publications

    408 citations

  5. University of Amsterdam

    Amsterdam, The Netherlands

    5 h-index

    5 publications

    118 citations

  6. Johns Hopkins University

    Baltimore, United States

    5 h-index

    8 publications

    375 citations

  7. Jiangxi University of Finance and Economics

    Nanchang, China

    4 h-index

    4 publications

    124 citations

  8. Massachusetts Institute of Technology

    Cambridge, United States

    4 h-index

    7 publications

    625 citations

1–8 of 284

Venues

  1. SSRN Electronic Journal

    Repository · 25 publications · 635 citations

    16

    h-index

  2. Insurance Mathematics and Economics

    15 publications · 506 citations

    13

    h-index

  3. Astin Bulletin

    7 publications · 151 citations

    7

    h-index

  4. Risk Analysis

    5 publications · 156 citations

    5

    h-index

  5. European Journal of Operational Research

    4 publications · 237 citations

    4

    h-index

1–5