As flood risks grow worldwide, a well‐designed insurance program engaging various
stakeholders becomes a vital instrument in flood risk management. The main challenge …

Interdependencies among land use systems resemble a complex network connected
through demand–supply relationships. Disruption of this network may catalyse systemic …

22.1 Introduction Losses from human-made and natural catastrophes are rapidly increasing.
Within the last three decades the direct damages only from natural disasters have increased …

The superposition of Climate Changes and Fourth Industrial Revolution (FIR) becomes the
main challenge for Global Society. Advances in technology (bio-and nano-technologies …

The author overviews some well-known scientific results from the theory of stochastic
optimization and theory of risk, obtained by the Academician of the National Academy of …

There is an urgent need to better understand and predict crop yield responses to weather
disturbances, in particular, of extreme nature, such as heavy precipitation events, droughts …

Uncertainties, risks, and disequilibrium are pervasive characteristics of modern socio-
economic, technological, and environmental systems involving interactions between …

The article is devoted to finding the present value of catastrophe bonds using a combination
of Monte Carlo and Iterative Stochastic Equation methods. Apart from general methodology …

Risk processes with rare dependent claims are studied. Problems of estimation of the small
probability of bankruptcy and selection of an optimal portfolio of insurance contracts are …

Publisher Summary Co** with uncertainty in decision-making, especially for integrated
management of risk, requires the analysis of various measures of outcomes resulting from …