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La prudence reste de mise en montagne, en forêt et sur les berges

Publications associées (47)

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Using automated design appraisal to model building-specific devaluation risk due to land-use change

Adam Robert Swietek

Uncertainty of spillover effects – including property devaluation - from proposed land-use change elicits opposition to local development. This hinders cities’ ability to implement land-use policy aimed at housing affordability and environmental sustainabi ...

2024

Can one hear the shape of a target zone?

Max-Olivier Hongler

We develop an exchange rate target zone model with finite exit time and non-Gaussian tails. We show how the tails are a consequence of time-varying investor risk aversion, which generates mean-preserving spreads in the fundamental distribution. We solve ex ...

2023

Bayes Security: A Not So Average Metric

Carmela González Troncoso, Giovanni Cherubin

Security system designers favor worst-case security metrics, such as those derived from differential privacy (DP), due to the strong guarantees they provide. On the downside, these guarantees result in a high penalty on the system's performance. In this pa ...

IEEE2023

Greening the Swiss National Bank's Portfolio

Rüdiger Fahlenbrach, Eric Jondeau

Central banks are increasingly concerned about climate-related risks and want to ensure that the financial system is resilient to them. As they integrate these risks into financial stability monitoring, they also discuss how to apply environmental criteria ...

OXFORD UNIV PRESS2023

Le dehors de toute fête : une sociologie urbaine de la sécurité au Montreux Jazz Festival

Lucien Jean Delley

This thesis is the result of four years of investigation carried out as « security coordinator » of the Monteux Jazz Festival. From this operational commitment, I sought to understand : how the festival is integrated into the city ; what affects the safety ...

EPFL2022

Essays in Banking and Financial Regulation

Susanne Johanna Petronella Léonie Vissers

This thesis examines how banks choose their optimal capital structure and cash reserves in the presence of regulatory measures. The first chapter, titled Bank Capital Structure and Tail Risk, presents a bank capital structure model in which bank assets a ...

EPFL2021

A risk-risk assessment framework for solar radiation modification

Concern about the increasingly high-probability, high-impact risks posed by global warming is driving the exploration of new techniques to artificially cool the planet through an approach known as solar radiation modification (SRM). Would the world be bett ...

International Risk Governance Center2021

Using stratospheric aerosol injection to alleviate global warming: when?

Marie-Valentine Renée Agnès Florin

Stratospheric aerosol injection (SAI), a type of solar radiation modification (SRM), has the potential to reduce global warming caused by excessive greenhouse gases in the atmosphere. However, there is currently widespread opposition to it, because deployi ...

EPFL International Risk Governance Center (IRGC).2021

All-polymeric transient neural probe for prolonged in-vivo electrophysiological recordings

Diego Ghezzi, Laura Ferlauto, Paola Vagni, Adele Fanelli, Elodie Geneviève Zollinger

Transient bioelectronics has grown fast, opening possibilities never thought before. In medicine, transient implantable devices are interesting because they could eliminate the risks related to surgical retrieval and reduce the chronic foreign body reactio ...

2021

An unethical optimization principle

Anthony Christopher Davison

If an artificial intelligence aims to maximize risk-adjusted return, then under mild conditions it is disproportionately likely to pick an unethical strategy unless the objective function allows sufficiently for this risk. Even if the proportion eta of ava ...

ROYAL SOC2020