Risk and Decision Analysis

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Last issue (7:1-2) online on 01 June 2018
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The journal Risk and Decision Analysis (RDA) emphasizes a theoretical and practical interdisciplinary and comprehensive vision of Risk: its definition, its measurements, its analysis, its manifestations and reconcile their contradictions and their differences. RDA considers for publication research papers that contribute to a greater appreciation of risks and uncertainties in their many definitions, their modeling (mathematical or otherwise), their empirical and data analysis, their pricing and their management. Application of risk modeling and decision analysis to general and risk engineering, economic and financial systems, operational and networked systems in industry, in services, in control, regulatory and compliance systems etc. are emphasized. For example, financial market risks, eco-risks and urban systems, insurance, energy, safety and security, healthcare, environment, and related areas are emphasized for the purpose to provide an integrative vision of risks and uncertainty how to confront their manifestations. The intent of RDA is to provide to academic and practitioners, a platform to better integrate and interpret risks and their manifestations in a comprehensive manner. 

RDA's focus is scientific, based on mathematical and systematic approaches to risk (statistics, probability theory, data science), Bayesian statistics and (automatic, machine) learning, stochastic modeling, stochastic and optimal control. At the same time it is “educational”, having set “an educational corner” to introduce and clarify complex risk related issues and problems. These problems include for example issues such as VIX and Fear; Risk and Uncertainty (ambiguity), the risks of “financialization”, environmental and extreme risks, managerial approaches, etc. Empirical analysis and data analytic approaches to assess and support theoretical results based on interesting methodologies is an important element of RDA’s mission.


Alain Bensoussan
International Center for Decision
and Risk Analysis
School of Management
University of Texas at Dallas

Charles S. Tapiero
Department of Finance and
Risk Engineering
New York University
Polytechnic Institute, USA

George Papanicolaou
Department of Mathematics
Stanford University, USA

c/o Mrs Chantal Delabarre
Email: rda.delabarre@gmail.com

Editorial Assistant

Chantal Delabarre
Email: rda.delabarre@gmail.com

Editorial Board

Edward Altman
New York University, USA

John Baillieul
Boston University, USA

Stefano Barone
University of Palermo, Italy

Sergio Bianchi
University of Cassino, Italy

Abel Cadenillas
University of Alberta, Canada

Metin Çakanyildirim
University of Texas at Dallas, USA

Rama Cont
Columbia University, USA

Robert Cooper
Florida Atlantic University, USA

Michel Crouhy
IXIS Securities, France

Alexandre Dolgui
IMT Atlantique, Nantes, France

Raphael Douady
LABEX, Université Paris 1 Panthéon
Sorbonne, France

Tyrone Duncan
University of Kansas, USA

Dan Galai
The Hebrew University of
Jerusalem, Israel

Helyette Geman
University of London, UK

Yacov Haimes
University of Virginia, USA

Hyeng Keun Koo
Ajou University, South Korea

Steven Kou
Columbia University, USA

Jean-Michel Lasry
Université Paris IX-Dauphine

John Liu
The Hong Kong Polytechnic
University, Hong Kong

Jean-Hervé Lorenzi
Cie Financière Edmond de
Rothschild, France

Alexander Melnikov
University of Alberta, Canada

Ely Merzbach
Bar Ilan University, Israel

Bertrand Munier

Mihai Nadin
University of Texas at Dallas, USA

Shmuel S. Oren
University of California at Berkeley

Bozenna Pasik-Duncan
University of Kansas, USA

Elisabeth Paté-Cornell
Stanford University, USA

Stylianos Perrakis
Concordia University, Canada

Jean-Marie Proth
Res Dir, France

Sumit Sarkar
University of Texas at Dallas, USA

Suresh P. Sethi
University of Texas at Dallas, USA

Nozer D. Singpurwalla
University City HK, Hong Kong

Ronnie Sircar
Princeton University, USA

Katepalli Raju Sreenivasan

Meir Statman
Santa Clara University, USA

Dan Stefanica
City University of NY, USA

Lorne Switzer
Concordia University, Canada

Oren Tapiero
Bank of Israel, Israel

Mina Teicher
Bar-Ilan University, Israel

Kwok Leung Tsui
City University of Hong Kong
Hong Kong

Pierre Vallois
Université Henri Poincaré Nancy I

Paul Zipkin
Duke University Durham, USA


Submit to:
One of the Editorial Board members listed below (click on the name for the email address). The topic of your paper should correspond with the area of expertise of the board member.


Alain Bensoussan
School of Management
University of Texas at Dallas
Box 830688
Richardson, Texas 75083-0688

Charles Tapiero
Department of Finance and Risk Engineering New York University Poly School of Engineering
6 Metro Tech Center
Brooklyn, New York 11201

George Papanicolaou
Department of Mathematics
Stanford University

Board member

Edward Altman
New York University

  • Bankruptcy
  • Credit risk
  • Debt markets
  • John Bailleul
    Boston University

  • Risk-based strategies in dynamic games
  • Risk associated with complex dynamics
  • Failure-tolerant control strategies
  • Alain Bensoussan
    University of Texas at Dallas

  • Stochastic Control
  • Variational and Quasi Variational Inequlities
  • Optimization
  • Estimation and Filtering
  • Metin Çakanyildirim
    University of Texas at Dallas

  • Supply Chain Risk and Information Security
  • Rama Cont
    Columbia University

  • Stochastic modeling
  • Computational methods in finance
  • Mathematical finance
  • Model uncertainty
  • Robert Cooper
    Florida Atlantic University

  • Queuing theory
  • Michel Crouhy
    IXIS Securities

    Risk management:
  • Market risk
  • Credit risk and economic capital allocation
  • Credit risk derivatives
  • Credit structured products
  • Raphael Douady
    LABEX, Université Paris 1 Panthéon Sorbonne

    • Stochastic system
    • Credit risk

    Tyrone Duncan
    University of Kansas

  • Stochastic methods
  • Stochastic analysis of risk
  • Stochastic modeling
  • Dan Galai
    The Hebrew University of Jerusalem

  • Risk management in banks and non-banks corporations
  • Credit risk assessment
  • Helyette Geman
    School of Economics, Mathematics and Statistics
    United Kingdom

    Dominique Guegan
    Université Paris 1 Panthéon Sorbonne

    • Risk Measurement and Financial Management

    Yacov Y. Haimes
    University of Virginia

    • Risk Analysis
    • Multi-Objective Programming

    Jean-Michel Lasry
    Université Paris IX-Dauphine

  • Financial risk control
  • Catastrophe risk
  • Capital management
  • Stochastic control
  • Stochastic games and related PDEs
  • John J. Liu
    The Hong Kong Polytechnic University
    Hong Kong

  • Logistics and Maritime Studies
  • Supply Chain Management
  • Efficiency Assessment
  • Insurance and Contingent Opertions
  • Hybrid Diffusion
  • Systems
  • Computational QVI (Quasi-variational-inequalities)
  • Jean-Hervé Lorenzi
    Cie Financière Edmond de Rothschild

  • Système de régulation des risques au niveau des entreprises (banques et assurances) et des organismes de contrôle
  • Ely Merzbach
    Bar Ilan University

  • Probability theory
  • Stochastic processes
  • Stochastic models
  • Martingale theory
  • Point processes
  • Bertrand Munier

  • Industrial risk modeling
  • Operational risk in all kinds of businesses and corporations
  • Agricultural markets risk modeling
  • Risk governance in private and public organizations
  • Decision analysis broadly defined
  • Mihai Nadin
    University of Texas at Dallas

  • Anticipation and Risk
  • Environmental and Social issues
  • Shmuel S. Oren
    University of California at Berkeley

  • Management of energy related risk and the application of financial methods and market mechanisms to energy related decisions: The development of hedging strategies for energy risk and the pricing of energy derivatives and energy contracts
  • The use of real option methods for valuing energy assets and for analyzing investment strategies in the energy sector
  • Design and applications of auctions in energy markets
  • George Papanicolaou
    Stanford University

  • Pricing and analyzing credit derivatives
  • Bozenna Pasik-Duncan
    University of Kansas

  • Stochastic adaptive control  and probability
  • Statistics
  • Stochastic modeling
  • Financial mathematics
  • Insurance
  • System identification
  • Estimation and learning
  • Applications of stochastic theory
  • Adaptive control to actuarial sciences
  • Elisabeth Pate-Cornell
    Stanford University

  • Risk analysis
  • Engineering systems and decision analysis with recent applications to space systems
  • Medical devices and procedures
  • National security problems
  • Stylianos Perrakis
    Concordia University

    • Finance
    • Derivatives
    • Computational Finance

    Olivier P. Pironneau
    Université Paris VI

  • Option pricing
  • Calibration
  • Modelling with partial differential equations
  • Numerical solutions
  • Sumit Sarkar
    University of Texas at Dallas

  • Information systems
  • Operational risks as they arise from the use of information technology
  • Suresh P. Sethi
    University of Texas at Dallas

  • Inventory and supply chain management
  • Ronnie Sircar 
    Princeton University

    • Mathematical Finance
    • Stochastic Theory
    • Environmental Science

    Katepalli Raju Sreenivasan
    President NYU-POLY

    • Physics
    • Stochastic Systems

    Meir Statman
    Santa Clara University

    • Behavioral Finance

    Lorne Switzer
    Concordia University

    • Corporate Finance
    • Econometrics

    Charles Tapiero
    Polytechnic University of New York

    • Financial Engineering
    • Risk Analysis

    Pierre Vallois
    Université Henri Poincaré Nancy I

  • Brownian motion
  • Diffusions processes
  • Special processes ( Bessel, Lévy and so on)
  • Random walks
  • Markov chains and related sequences
  • Paul Zipkin
    Duke University

    • Operations research

    Please contact Chantal Delabarre for (editorial) questions and/or remarks. In case you have difficulties to link the topic of your paper to the area(s) of expertise of one of the Editorial Board members, please submit your paper to:
    c/o Chantal Delabarre
    CNES - Centre de Toulouse
    DCE/CP - BPI 2011
    18 Avenue Edouard Belin
    31401 Toulouse cedex 9 -
    Phone: +33 (0)5 61 28 23 16
    Email: rda.delabarre@gmail.com

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    [1] Rose ME, Huerbin MB, Melick J, Marion DW, Palmer AM, Schiding JK, et al. Regulation of interstitial excitatory amino acid concentrations after cortical contusion injury. Brain Res. 2002;935(1-2):40-6.

    [2] Murray PR, Rosenthal KS, Kobayashi GS, Pfaller MA. Medical microbiology. 4th ed. St. Louis: Mosby; 2002.

    [3] Berkow R, Fletcher AJ, editors. The Merck manual of diagnosis and therapy. 16th ed. Rahway (NJ): Merck Research Laboratories; 1992.

    [4] Meltzer PS, Kallioniemi A, Trent JM. Chromosome alterations in human solid tumors. In: Vogelstein B, Kinzler KW, editors. The genetic basis of human cancer. New York: McGrawHill; 2002. p. 93-113.

    [5] Canadian Cancer Society [homepage on the Internet]. Toronto: The Society; 2006 [updated 2006 May 12; cited 2006 Oct 17]. Available from: www.cancer.ca/.

    [6] Tian D, Araki H, Stahl E, Bergelson J, Kreitman M. Signature of balancing selection in Arabidopsis. Proc Natl Acad Sci U S A. In press 2002.

    [7] Fletcher D, Wagstaff CRD. Organisational psychology in elite sport: its emergence, application and future. Psychol Sport Exerc. 2009;10(4):427-34. doi:10.1016/j.psychsport.2009.03.009.


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