**Meet the editor**

Dr Nerija Banaitiene is an Associate Professor at the Department of Property Management and Construction Economics of the Vilnius Gediminas Technical University, Lithuania. She has worked in several national and international research projects on retrofit of public buildings and innovation in construction sector SMEs. She has published more than 20 articles in journals such as

European Journal of Operational Research, Omega, International Journal of Environment and Pollution, International Journal of Strategic Property Management, and Technological and Economic Development of Economy. Her current research interests focus on the areas of project management, risk management in construction projects, multiple criteria analysis and its applications in building life cycle assessment for decision making.

Contents

**Preface IX** 

Werner Hürlimann

A. Gonen

Chapter 4 **A Framework to Select Techniques** 

Chapter 5 **Long Memory in the Volatility** 

Pako Thupayagale

**Section 1 Approaches and Models for Risk Management 1** 

Chapter 1 **Biometric Solvency Risk for Portfolios of General** 

Chapter 2 **Boundary-Value Problems for Second Order PDEs Arising in Risk Management and Cellular Neural Networks Approach 31** 

**Life Contracts (II) The Markov Chain Approach 3** 

Rossella Agliardi, Petar Popivanov and Angela Slavova

Sabrina Grimaldi, Carlo Rafele and Anna Corinna Cagliano

Chapter 3 **Selecting a Response Plan Under Budget Constraints 55** 

**Supporting Project Risk Management 67** 

**of Local Currency Bond Markets: Evidence from Hong Kong, Mexico and South Africa 97** 

**Lessons from the Space Shuttle** *Challenger* **133** 

Chapter 6 **Risk Management in Collaborative Systems 115**  Marius Ioan Podean and Dan Benta

Chapter 7 **On the Very Idea of Risk Management:** 

**Section 2 Risk and Supply Chain Management 155** 

Chapter 8 **Supply Chain Security – Threats and Solutions 157** 

Robert Elliott Allinson

Daniel Ekwall
