Risk sharing: myth or reality
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The slides highlight: 1) uncertainty and risk - transfer, shift or share; 2) the first myth and reality - is the regime of risk transfer sustainable? Impossible contract; 3) the second myth and reality - translating risk sharing into new realities: network effects and big data machine learning.
Islamic finance , Risk sharing , Big data machine learning
Mirakhor, A., & Ng, A. B. K. (2017, March 25-26). Risk sharing: myth or reality. Paper presented at the 8th Securities Commission-Oxford Centre for Islamic Studies Roundtable, at Ditchley Park, Oxfordshire.