MoneyScience News |
- Published / Preprint: Calculating optimal limits for transacting credit card customers. (arXiv:1506.05376v1 [math.OC])
- Published / Preprint: Universal Laws of Human Society's Income Distribution. (arXiv:1506.05418v1 [q-fin.GN])
- Vendor News: June 17, 2015 - SS&C Announces Public Offering of its Common Stock
- Blog Post: TheAlephBlog: Redacted Version of the June 2015 FOMC Statement
Posted: 17 Jun 2015 05:37 PM PDT We present a model of credit card profitability, assuming that the card-holder always pays the full outstanding balance. The motivation for the model is to calculate an optimal credit limit, which requires an expression for the expected outstanding balance. We derive its Laplace transform, assuming that purchases are made according to a marked point process and that there is a simplified balance... Visit MoneyScience for the Complete Article. |
Posted: 17 Jun 2015 05:37 PM PDT General equilibrium equations in economics play the same role with many-body Newtonian equations in physics. Accordingly, each solution of the general equilibrium equations can be regarded as a possible microstate of the economic system. Since Arrow's Impossibility Theorem and Rawls' principle of social fairness will provide a powerful support for the hypothesis of equal probability, then the... Visit MoneyScience for the Complete Article. |
Vendor News: June 17, 2015 - SS&C Announces Public Offering of its Common Stock Posted: 17 Jun 2015 01:27 PM PDT |
Blog Post: TheAlephBlog: Redacted Version of the June 2015 FOMC Statement Posted: 17 Jun 2015 12:57 PM PDT |
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