الصفحة 1
الصفحة 1
Costs of air pollution control : Analyses of emission control options for ozone abatement strategies
This work derives strategies for developing useful EU policies aimed at the control of air pollutants in Europe, especially ground-level ozone. The author starts with the air-pollution status quo in the late 1990s, placing further impacts of photooxidant concentrations into perspective. Emission sources are then analysed in detail, and a likely scenario for a business-as-usual development in emissions is proposed. From the cost-benefit perspective, it is shown that a holistic, integrated evaluation of all air pollutants and their effects results in a full accounting that reflects synergies and hidden benefits. The modelling scheme identifies emission targets needed to achieve compliance with EU thresholds, and calculations reveal the need to review established ozone thresholds and emission limits, even after discounting the positive effects of including central and eastern European nations.
Market-Consistent Actuarial Valuation
It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in the same way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are Stochastic discounting, Valuation portfolio in life and non-life insurance, Asset and liability management, Financial risks, Insurance technical risks, and Solvency.
A practical guide to corporate finance : Breaking the financial lce
Offers an approachable guide to all key concepts within corporate finance. Emphasizing the use of common sense rather than number-crunching models, A practical guide to corporate finance begins with the basics of how to read financial statements and how to estimate future cash flows. It also includes a guide to subjects such as capital budgeting decisions, the cost of financing for businesses, cash and working capital management, The process of business valuation, and how stock markets work. This textbook breaks the financial ice by offering real, practical advice, helping the reader to avoid common pitfalls, and translate the 'financialese', or business jargon that can cause confusion for those without a financial or banking background.
