MoneyScience News |
- Blog Post: TheFinancialServicesClub: Finance and banking in 2035
- Blog Post: TheAlephBlog: Book Review: Business Adventures
- Published / Preprint: 03Sep/Supervisory colleges for financial conglomerates - report released by the Joint Forum
- Vendor News: Fidessa expands UK service with Alliance News
- Criminals and corrupt politicians steal $1trn a year from the world's poorest countries
- The top 10 most competitive economies in Europe
- Published / Preprint: Manipulating decision making of typical agents. (arXiv:1409.0636v1 [physics.soc-ph])
- Published / Preprint: Optimal Dynamic Procurement Policies for a Storable Commodity with L\'evy Prices and Convex Holding Costs. (arXiv:1409.0665v1 [math.OC])
- Published / Preprint: A Lattice Framework for Pricing Display Ad Options with the Stochastic Volatility Underlying Model. (arXiv:1409.0697v1 [cs.GT])
- Published / Preprint: Sicily and the development of Econophysics: the pioneering work of Ettore Majorana and the Econophysics Workshop in Palermo. (arXiv:1409.0789v1 [physics.hist-ph])
- Published / Preprint: The Value of Control and the Costs of Illiquidity
- Blog Post: iMFdirect: Which Way the Wind Blows
Blog Post: TheFinancialServicesClub: Finance and banking in 2035 Posted: 03 Sep 2014 03:58 AM PDT |
Blog Post: TheAlephBlog: Book Review: Business Adventures Posted: 03 Sep 2014 03:38 AM PDT |
Posted: 03 Sep 2014 02:08 AM PDT |
Vendor News: Fidessa expands UK service with Alliance News Posted: 03 Sep 2014 01:07 AM PDT |
Criminals and corrupt politicians steal $1trn a year from the world's poorest countries Posted: 02 Sep 2014 11:27 PM PDT |
The top 10 most competitive economies in Europe Posted: 02 Sep 2014 11:27 PM PDT |
Posted: 02 Sep 2014 05:38 PM PDT We investigate how the choice of decision makers can be varied under the presence of risk and uncertainty. Our analysis is based on the approach we have previously applied to individual decision makers, which we now generalize to the case of decision makers that are members of a society. The approach employs the mathematical techniques that are common in quantum theory, justifying our naming as... Visit MoneyScience for the Complete Article. |
Posted: 02 Sep 2014 05:38 PM PDT In this paper we propose a continuous time stochastic inventory model for a traded commodity whose supply purchase in the spot market is affected by price and demand uncertainty. A firm aims at meeting a random demand of the commodity at a random time by maximizing total expected profits. We model the firm's optimal procurement problem as a singular stochastic control problem in which... Visit MoneyScience for the Complete Article. |
Posted: 02 Sep 2014 05:38 PM PDT Ad options are a recent development in online advertising which provide advertisers with greater flexibility related to buying their guaranteed deliveries in the future. In short, an ad option is a contract in which an online publisher (or search engine) grants an advertiser the right but not obligation to enter into transactions to purchase impressions or clicks from a specific online ad slot at... Visit MoneyScience for the Complete Article. |
Posted: 02 Sep 2014 05:38 PM PDT Sicily has played an important role in the development of the new research area named "Econophysics". In fact some key ideas supporting this new hybrid discipline were originally formulated in a pioneering work of the Sicilian born physicist Ettore Majorana. The article he wrote was entitled "The value of statistical laws in physics and social sciences". I will discuss its origin and history that... Visit MoneyScience for the Complete Article. |
Published / Preprint: The Value of Control and the Costs of Illiquidity Posted: 02 Sep 2014 03:42 PM PDT We develop a search model of block trades that values the illiquidity of controlling stakes. The model considers several dimensions of illiquidity. First, following a liquidity shock, the controlling blockholder is forced to sell, possibly to a less efficient acquirer. Second, this sale may occur at a fire sale price. Third, absent a liquidity shock, a trade occurs only if a potential buyer... Visit MoneyScience for the Complete Article. |
Blog Post: iMFdirect: Which Way the Wind Blows Posted: 02 Sep 2014 07:08 AM PDT |
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