Risk and Decision Analysis

CiteScore
2023
1.1

Volume

10, 4 issues

Latest issue

8:3-4 online 06 October 2021

Next issue

9:1 scheduled for January 2022

Back volumes

From volume 1, 2009

ISSN print

1569-7371

ISSN online

1875-9173

Aims & Scope

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.

Editorial Board

Editors-in-Chief

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
France

Editorial Assistant

Chantal Delabarre
France

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

Robert Cooper
Florida Atlantic University
USA

Michel Crouhy
IXIS Securities
France

Alexandre Dolgui
IMT Atlantique
Nantes, France

Raphael Douady
LABEX, Université Paris 1 PanthéonSorbonne
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
jou University
South Korea

Steven Kou
Columbia University
USA

Jean-Michel Lasry
Université Paris IX-Dauphine
France

John Liu
The Hong Kong Polytechnic
University, Hong Kong

Jean-Hervé Lorenzi
Cie Financière Edmond de
Rothschild, France

Ely Merzbach
Bar Ilan University
Israel

Alexander Melnikov
University of Alberta
Canada

Bertrand Munier
GRID-CNRS, ESTP-ENSA
France

Mihai Nadin
University of Texas at Dallas
USA

Shmuel S. Oren
University of California at Berkeley
USA

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

Ronnie Sircar
Princeton University
USA

Katepalli Raju Sreenivasan
NYU-POLY
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
France

Paul Zipkin
Duke University Durham
USA

Author Guidelines

SUBMISSION OF MANUSCRIPT

By submitting my article to this journal, I agree to the Author Copyright Agreement, the IOS Press Ethics Policy, and the IOS Press Privacy Policy.

Submission of Manuscripts
Authors are requested to submit their manuscript through the journal’s online submission system. Papers deemed suitable for review will be assigned a handling editor based on a match between the topic of the paper and the expertise of the board (see below).

Board member

Edward Altman
New York University
USA

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

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

  • Supply Chain Risk and Information Security
  • Robert Cooper
    Florida Atlantic University
    USA

  • Queuing theory
  • Michel Crouhy
    IXIS Securities
    France

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

    • Stochastic system
    • Credit risk

    Tyrone Duncan
    University of Kansas
    USA

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

  • 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
    France

    • Risk Measurement and Financial Management

    Yacov Y. Haimes
    University of Virginia
    USA 

    • Risk Analysis
    • Multi-Objective Programming

    Jean-Michel Lasry
    Université Paris IX-Dauphine
    France

  • 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
    France

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

  • Probability theory
  • Stochastic processes
  • Stochastic models
  • Martingale theory
  • Point processes
  • Bertrand Munier
    GRID-CNRS, ESTP-ENSA
    France

  • 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
    USA

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

  • 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
    USA

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

  • 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
    USA

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

    • Finance
    • Derivatives
    • Computational Finance

    Olivier P. Pironneau
    Université Paris VI
    France

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

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

  • Inventory and supply chain management
  • Ronnie Sircar 
    Princeton University
    USA

    • Mathematical Finance
    • Stochastic Theory
    • Environmental Science

    Katepalli Raju Sreenivasan
    President NYU-POLY
    USA

    • Physics
    • Stochastic Systems

    Lorne Switzer
    Concordia University
    Canada

    • Corporate Finance
    • Econometrics

    Charles Tapiero
    Polytechnic University of New York
    USA

    • Financial Engineering
    • Risk Analysis

    Pierre Vallois
    Université Henri Poincaré Nancy I
    France

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

    • 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 -
    France
    Phone: +33 (0)5 61 28 23 16
    Email: rda.delabarre@gmail.com

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    It is possible to have figures printed in colour, provided the cost of their reproduction is paid for by the author. See Preparation of Manuscripts for the required file formats.

    Open Access option
    The IOS Press Open Library offers authors an Open Access (OA) option. By selecting the OA option, the article will be freely available from the moment it is published, also in the pre-press module. In the Open Library the article processing charges are paid in the form of an Open Access Fee. Authors will receive an Open Access Order Form upon acceptance of their article. Open Access is entirely optional.
    See also our website for more information about this option IOS Press Open Library

    PREPARATION OF MANUSCRIPTS

    Organization of the paper and style of presentation
    Manuscripts must be written in English. Authors whose native language is not English are advised to consult a professional English language editing service or a native English speaker prior to submission.

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    • References
    • Tables
    • Figure captions
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    REFERENCES

    References

    Authors are requested to use the Vancouver Citation Style.

    Place citations as numbers in square brackets in the text. All publications cited in the text should be presented in a list of references at the end of the manuscript. List the references in the order in which they appear in the text. Only articles published or accepted for publication should be listed in the reference list. Submitted articles can be listed as (author(s), unpublished data). If an article has a DOI, this should be provided after the page number details. The number is added after the letters 'doi'. Manuscripts will not be considered if they do not conform to the Vancouver citation guidelines.

    References must be listed in Vancouver Style:

    [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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    Abstracted/Indexed in

    Cabell's Guide or Directory
    EconLit
    MathSciNet
    SciVerse Scopus
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    Zentralblatt MATH

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    Peer Review

    Risk and Decision Analysis Peer Review Policy

    Risk and Decision Analysis is a peer-reviewed journal. All articles submitted to the journal undergo a single blind peer review process. This means that the identity of the authors is known with the reviewers but the identity of the reviewers is not communicated to the authors. Please visit our reviewer guidelines for further information about how to conduct a review.

    After automatic plagiarism screening through iThenticate, all submitted manuscripts are subjected to initial appraisal by the Editor-in-Chief and, if found suitable for further consideration, to rigorous peer review by independent, anonymous expert referees. Reasons to reject a paper in the pre-screening process could for example be because the work does not fall within the aims and scope, the writing is of poor quality, the instructions to authors were not followed or the presented work is not novel.

    Papers deemed suitable to be reviewed will be assigned a handling editor. The handling editor will then invite reviewers to comment on the work. Typically decisions are based on three reviews, in some circumstances a minimum of two reviews may be deemed sufficient to make a decision on a paper. The Editor-in-Chief strives to ensure a typical turnaround time of 3 months from submission until decision.

    Reviewers are asked to judge a paper on at least:

    • Originality, novelty and significance of results
    • Technical quality of work
    • Comprehensibility and presentation of the paper
    • Overall impression

    Based on the received reviews the handling editor will propose to the Editors-in-Chief a recommendation:

    • Accept
    • Minor revisions required
    • Major revisions required
    • Revise and resubmit
    • Reject

    They mean the following:

    1. Accept: The manuscript is suitable for publication and only requires minor polishing; thus, no further reviews are requested.
    2. Minor revisions required: The authors are required to make moderate changes to their manuscript. The manuscript becomes acceptable for publication if the changes proposed by the reviewers and editors are successfully addressed. The revised manuscript will be examined by the Editors-in-Chief and possibly sent back to all (or a selection of) reviewers for a second round of reviews. Authors are requested to provide a letter to the reviewers detailing the improvements made for the resubmission.
    3. Major revisions required: The manuscript cannot be accepted for publication in its current form. However, a major revision which addresses all issues raised by the reviewers may be acceptable for publication. The revised manuscript will undergo a full second round of review. Authors are requested to provide a letter to the reviewers detailing the improvements made for the resubmission.
    4. Revise and resubmit: In its current form, the manuscript is not suitable for publication. A resubmission would require substantial revisions and is only encouraged in special cases.
    5. Reject: The manuscript is rejected as it is deemed to be out of scope, not relevant, or not meeting the journal’s quality standards in terms of significance, novelty, and/or presentation.

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