In this paper, we present the macro stress test with a credit risk approach for banking system of Iran during the period 2004Q1-2019Q4. The goal is to evaluate the vulnerability of the banking system through credit risk to the country economic shocks. In this regard, the developed method of Wilson (1997) Credit Portfolio View model including macroeconomic variables and default rate has been use...

In strategic prospective, scenario thinking and negotiation processes, the analysis of the actor game plays an important role. Such an analysis intends to rank the stakeholders’ positions on many strategic issues, assess the convergences and divergences, and anticipates coalitions and conflicts. Many models and tools have been proposed and used which rest on matrix analysis, game theory and sim...

The paper reports the first results of the EU funded Project WADI (Sustainability of European Irrigated Agriculture under Water Directive and Agenda 2000). The objective of the WADI project is to evaluate the economic, social and environmental sustainability of European irrigated farming under different scenarios concerning water policy and the Common Agricultural Policy. The methodology relies...

Knowledge that is not applied, results in a ‘knowing-doing gap’. While education, training and knowledge management practices will affect what we know; how, when and with whom we use that knowledge will be mediated by cultural influences at the societal, organizational, group and individual levels. Based on a study involving 119 ICT workers in multicultural Australia, we found patterns of knowl...

Innovations expressed by customers are often unstructured, unclear, and ambiguous, making it difficult to interpret customers’ contributions, integrate them into a company’s R&D department and transfer them into comprehensible requirements for the development of product, service or software innovations. In order to close this gap, the paper presents scenarios as a technique to support the commu...

We develop a scenario optimization model for asset and liability management of individual investors. The individual has a given level of initial wealth and a target goal to be reached within some time University of Palermo,IT. [email protected] Prometeia, Bologna, IT. [email protected] University of Cyprus, Nicosia, CY, and The Financial Institutions Center, The Wharton School, Philadelphia...

In this study, eight different manure treatment plants were monitored. The plants were four on-farm and four centralized treatment plants, all of them at full-scale level. Assessment includes a total of seven pre-treatment and process units as follows: mechanical separation, with and without coagulant and flocculant addition, pasteurization, nitrification-denitrification, anaerobic digestion, a...

Exposure to surface ozone (O3), which is influenced by emissions of precursor chemical species, meteorology and population distribution, is associated with excess mortality and respiratory morbidity. In this study, the EMEP-WRF atmospheric chemistry transport model was used to simulate surface O3 concentrations at 5km horizontal resolution over the British Isles for a baseline year of 2003, for...