Thursday, August 14, 2014

MoneyScience News

MoneyScience News


Published / Preprint: Realization Utility with Reference-Dependent Preferences. (arXiv:1408.2859v1 [q-fin.GN])

Posted: 13 Aug 2014 05:30 PM PDT

We develop a tractable model of realization utility that studies the role of reference-dependent S-shaped preferences in a dynamic investment setting with reinvestment. Our model generates both voluntarily realized gains and losses. It makes specific predictions about the volume of gains and losses, the holding periods, and the sizes of both realized and paper gains and losses that can...

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Published / Preprint: Downturn LGD: A More Conservative Approach for Economic Decline Periods. (arXiv:1408.3086v1 [q-fin.RM])

Posted: 13 Aug 2014 05:30 PM PDT

The purpose of this paper is to identify a relevant statistical correlation between rate of default, RD, and loss given default, LGD, in a major Brazilian financial institution Retail Home Equity exposure rated using the IRB approach, so that we may find a causal relationship between the two risk parameters. Therefore, according to Central Bank of Brazil requirements, a methodology is applied to...

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By 2020, you could have an exascale speed-of-light optical computer on your desk | ExtremeTech

Posted: 13 Aug 2014 05:22 AM PDT

By 2020, you could have an exascale speed-of-light optical computer on your desk. http://t.co/VMRjtueXbJ — Financial Technology (@fin_tech) August 13, 2014

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Google invests in 60-terabit $300-million trans-Pacific cable to protect its growth in Asia | ExtremeTech

Posted: 13 Aug 2014 05:22 AM PDT

Google invests in 60-terabit $300-million trans-Pacific cable to protect its growth in Asia http://t.co/oU7CAOps7D — Financial Technology (@fin_tech) August…

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Blog Post: TheFinancialServicesClub: Things worth reading: 13th August 2014

Posted: 13 Aug 2014 02:51 AM PDT

Things we're reading today include ...read more...

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