Monday, April 13, 2015

MoneyScience News

MoneyScience News


Tunnel to Nowhere

Posted: 13 Apr 2015 04:12 AM PDT

The Trouble with Megaprojects http://t.co/TC5nUzAWw3 — Risk Management (@Risk_Mgmt) April 13, 2015

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Published / Preprint: Does Going Public Affect Innovation?

Posted: 13 Apr 2015 02:55 AM PDT

This paper investigates the effects of going public on innovation by comparing the innovation activity of firms that go public with firms that withdraw their IPO filing and remain private. NASDAQ fluctuations during the book-building phase are used as an instrument for IPO completion. Using patent-based metrics, I find that the quality of internal innovation declines following the IPO, and firms...

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The Lego Case Study, by John Ashcroft and Company, Case Studies in Corporate Strategy

Posted: 13 Apr 2015 02:30 AM PDT

Interested in Strategy? The Lego Case Study is in use around the world http://t.co/uKOAxlTST4 : It's a great study in Corporate Strategy! — John Ashcroft…

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Dennis Cox on The Handbook of Anti-Money Laundering

Posted: 13 Apr 2015 02:30 AM PDT

Dennis Cox is CEO of Risk Reward Limited, a specialist risk consultancy, training and recruitment firm serving the global banking and financial services industry, and thought leaders in the world of risk management, audit, governance and compliance. He is a well known international expert in financial services risk management and has held senior management positions at top banking and accountancy...

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BBC - Podcasts and Downloads - Codes that Changed the World

Posted: 13 Apr 2015 02:12 AM PDT

Fascinating podcast about the history of programming languages. http://t.co/9XXJd2cAhI — Chanuki Seresinhe (@thoughtsymmetry) April 12, 2015

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After 350 years of academic journals it’s time to shake things up

Posted: 13 Apr 2015 02:12 AM PDT

Holy clickbait title; article much more nuanced RT @guardian After 350 years of acad journals time to shake things up http://t.co/5pGQdGdbsn — Marc F.…

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The wings of a programmer - Burns Statistics

Posted: 13 Apr 2015 02:12 AM PDT

The wings of a programmer: why programming is so hard http://t.co/ie8EoITXfg #programming http://pic.twitter.com/AvOiZDntjq — Patrick Burns (@burnsstat) April…

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The Risk Of Reviewing The Reviewer

Posted: 13 Apr 2015 02:12 AM PDT

"Trust as the currency of the sharing economy" http://t.co/AwJWxfDvvx "The Risk Of Reviewing The Reviewer" by @aimeemillwood ht @dawnbazely — Arthur…

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A study in red and black

Posted: 13 Apr 2015 01:56 AM PDT

The Economist | Investing in art: A study in red and black http://t.co/P9K4i1kvSl — Greg B Davies (@GregBDavies) April 13, 2015

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Samsung may adopt Bitcoin\'s blockchain technology

Posted: 13 Apr 2015 01:55 AM PDT

"Samsung may adopt Bitcoin's blockchain technology" - @ThePaypers http://t.co/atJJcR7L2U #digitalfinance #feedly — Dirk Elsner (@blicklog) April 13, 2015

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Thousands could launch Sony-style cyber attack, says ex-hacker - CNET

Posted: 13 Apr 2015 01:55 AM PDT

Thousands could launch Sony-style cyber attack, says ex-hacker http://t.co/GgyJCy2Gmg #CyberAttack #CyberCrime http://pic.twitter.com/0JGaWkCg3L —…

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http://www.ssc.upenn.edu/~fdiebold/Teaching104/Econometrics.pdf

Posted: 13 Apr 2015 01:55 AM PDT

Prof Diebold Open econometrics text book & code http://t.co/tUB3wc2nPD http://t.co/Cf1SUXqxNP http://t.co/FigsoVfeUR http://pic.twitter.com/GSNhEW1bbo — carl…

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Blog Post: Luigi.Ballabio: Chapter 7, part 4 of 6: trinomial trees

Posted: 12 Apr 2015 10:35 PM PDT

Published / Preprint: Application of the war of attrition game to the analysis of intellectual property disputes. (arXiv:1504.02511v1 [cs.CY])

Posted: 12 Apr 2015 05:38 PM PDT

In many developing countries intellectual property infringement and the commerce of pirate goods is an entrepreneurial activity. Digital piracy is very often the only media for having access to music, cinema, books and software. At the same time, bio-prospecting and infringement of indigenous knowledge rights by international consortiums is usual in places with high biodiversity. In these arenas...

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Published / Preprint: Empirical Relevance of Ambiguity in First Price Auction Models. (arXiv:1504.02516v1 [q-fin.EC])

Posted: 12 Apr 2015 05:38 PM PDT

We study the identification and estimation of first-price auction models where bidders have ambiguity about the valuation distribution and their preferences are represented by maxmin expected utility. When entry is exogenous, the distribution and ambiguity structure are nonparametrically identified, separately from risk aversion (CRRA). We propose a flexible Bayesian method based on Bernstein...

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Published / Preprint: Sensitivity analysis for expected utility maximization in incomplete brownian market models. (arXiv:1504.02734v1 [q-fin.MF])

Posted: 12 Apr 2015 05:38 PM PDT

We examine the issue of sensitivity with respect to model parameters for the problem of utility maximization from final wealth in an incomplete Samuelson model and mainly for utility functions of power-type. The method consists in moving the parameters through change of measure, which we call a weak perturbation, in particular decoupling the usual wealth equation from the varying parameters. By...

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Blog Post: TheFinancialServicesClub: The Finanser's Week: 6th April 2015 - 12th April 2015

Posted: 12 Apr 2015 02:38 AM PDT

Our biggest stories of the past week are ...read more...

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Blog Post: TheAlephBlog: From Stream to Shining Stream

Posted: 12 Apr 2015 01:27 AM PDT

Photo Credit: Mark Stevensread more...

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