Principles of Economics, Case and Fair,9e
... earnings from an investment exceeds the cost of the investment necessary to undertake it, then the investment should be undertaken. However, if the present value of an expected stream of earnings falls short of the cost of the investment, then the financial market can generate the same stream of inc ...
... earnings from an investment exceeds the cost of the investment necessary to undertake it, then the investment should be undertaken. However, if the present value of an expected stream of earnings falls short of the cost of the investment, then the financial market can generate the same stream of inc ...
Introduction - National Autism Conference
... • There are now over 1.5 million persons with autism in the United States. (Matson & Smith, 2008) • Each year 24,000 will be given a diagnosis of autism (CDC,2001) • Autism is now more prevalent than Down syndrome, pediatric aids and diabetes combined (CDC, 2001) • Matson & Mishawi (2006) suggest th ...
... • There are now over 1.5 million persons with autism in the United States. (Matson & Smith, 2008) • Each year 24,000 will be given a diagnosis of autism (CDC,2001) • Autism is now more prevalent than Down syndrome, pediatric aids and diabetes combined (CDC, 2001) • Matson & Mishawi (2006) suggest th ...
PDF
... and are shown to be coherent. One of these is the expected shortfall or Conditional Value-at-Risk (CVaR) (Rockafellar and Uryasev, 2000; Alexander and Baptista, 2003). CVaR gives the probability that losses are equal to or greater than VaR given a certain confidence level. Another problem encountere ...
... and are shown to be coherent. One of these is the expected shortfall or Conditional Value-at-Risk (CVaR) (Rockafellar and Uryasev, 2000; Alexander and Baptista, 2003). CVaR gives the probability that losses are equal to or greater than VaR given a certain confidence level. Another problem encountere ...
Economics - Northeastern University
... ECON 1120. Learning Economics through Games. 4 Hours. Introduces students with little or no background in economics to methods of economic analysis and some of the topics that economists study. Many games have economic themes, and even the ones that do not often have aspects that can be analyzed usi ...
... ECON 1120. Learning Economics through Games. 4 Hours. Introduces students with little or no background in economics to methods of economic analysis and some of the topics that economists study. Many games have economic themes, and even the ones that do not often have aspects that can be analyzed usi ...
B.F. SKINNER AND HIS CONTRIBUTION TO SCIENCE AND TO
... interact with the great minds of the American and world “intelligentsia” that congregated around Harvard University, and to read a great deal. At this time he read Pavlov, Watson, Bridgman, Sherrington, Mach, Loeb, Russell and other important thinkers. He wrote scientific articles and developed a sy ...
... interact with the great minds of the American and world “intelligentsia” that congregated around Harvard University, and to read a great deal. At this time he read Pavlov, Watson, Bridgman, Sherrington, Mach, Loeb, Russell and other important thinkers. He wrote scientific articles and developed a sy ...
Beyond Individualism in Law and Economics
... the subject of a rich literature in recent decades.23 Psychologists Daniel Kahneman and Amos Tversky, and economists including Herbert Simon, jointly laid the foundations for this critique.24 Legal scholars, however, have since picked up – and significantly advanced – the ball.25 Bald assertions of ...
... the subject of a rich literature in recent decades.23 Psychologists Daniel Kahneman and Amos Tversky, and economists including Herbert Simon, jointly laid the foundations for this critique.24 Legal scholars, however, have since picked up – and significantly advanced – the ball.25 Bald assertions of ...
CHAPTER 11: Input Demand: The Capital Market and the
... The investment process requires that the potential investor evaluate the expected flow of future productive services that an investment project will yield. ...
... The investment process requires that the potential investor evaluate the expected flow of future productive services that an investment project will yield. ...
real-world economics review
... There is no shortage of speculations about the factors responsible for secular stagnation. Such a stagnation is believed to be about to engulf the developed parts of the global economy – or has done so already. The view, commonly shared by the mainstream, is that the current stagnation set in around ...
... There is no shortage of speculations about the factors responsible for secular stagnation. Such a stagnation is believed to be about to engulf the developed parts of the global economy – or has done so already. The view, commonly shared by the mainstream, is that the current stagnation set in around ...
Principles of Economics, Case and Fair,9e
... earnings from an investment exceeds the cost of the investment necessary to undertake it, then the investment should be undertaken. However, if the present value of an expected stream of earnings falls short of the cost of the investment, then the financial market can generate the same stream of inc ...
... earnings from an investment exceeds the cost of the investment necessary to undertake it, then the investment should be undertaken. However, if the present value of an expected stream of earnings falls short of the cost of the investment, then the financial market can generate the same stream of inc ...
Herd Behavior in the NASDAQ OMX Baltic Stock Market
... The question of whether investment behavior is showing group mentality is yet to be explored in the Baltic stock market. In general, the twenty-first century is characterized by market inefficiencies such as growing and bursting bubbles, stock prices that deviate considerably from what they should b ...
... The question of whether investment behavior is showing group mentality is yet to be explored in the Baltic stock market. In general, the twenty-first century is characterized by market inefficiencies such as growing and bursting bubbles, stock prices that deviate considerably from what they should b ...
Optimisation of cognitive performance in rodent operant
... Pairwise discrimination training and procedures Touchscreen pairwise discrimination was conducted as described previously (Horner et al., 2013). Briefly, animals were trained to initiate stimulus presentation by entering the reward magazine when illuminated and that an incorrect screen touch would b ...
... Pairwise discrimination training and procedures Touchscreen pairwise discrimination was conducted as described previously (Horner et al., 2013). Briefly, animals were trained to initiate stimulus presentation by entering the reward magazine when illuminated and that an incorrect screen touch would b ...
Optimisation of cognitive performance in rodent operant
... Pairwise discrimination training and procedures Touchscreen pairwise discrimination was conducted as described previously (Horner et al., 2013). Briefly, animals were trained to initiate stimulus presentation by entering the reward magazine when illuminated and that an incorrect screen touch would b ...
... Pairwise discrimination training and procedures Touchscreen pairwise discrimination was conducted as described previously (Horner et al., 2013). Briefly, animals were trained to initiate stimulus presentation by entering the reward magazine when illuminated and that an incorrect screen touch would b ...
An Analysis of Risk Assessment Questions Based on Loss
... paper evaluated risk assessment questions on how well they correlate with monetary loss aversion. Twenty-nine Western Texas residents between the ages of 27 and 56 participated in experimental research and filled out several risk assessment questionnaires. Two weeks later their levels of loss aversi ...
... paper evaluated risk assessment questions on how well they correlate with monetary loss aversion. Twenty-nine Western Texas residents between the ages of 27 and 56 participated in experimental research and filled out several risk assessment questionnaires. Two weeks later their levels of loss aversi ...
Selection in Modern Evolutionary Biology, Learning and Culture
... logical flexibility afforded to understanding how behavior is caused. Within a logical framework of ”either-or”, there is a debate about whether behavior is controlled by mental mechanisms or ”reward and punishment” (Sterelny & Griffiths, 1999). In practical application, on the other hand, an equall ...
... logical flexibility afforded to understanding how behavior is caused. Within a logical framework of ”either-or”, there is a debate about whether behavior is controlled by mental mechanisms or ”reward and punishment” (Sterelny & Griffiths, 1999). In practical application, on the other hand, an equall ...
Testing the Trade Off and Pecking Order Models of Capital Structure
... Testing the Trade Off and Pecking Order Models of Capital Structure merger within estimation periods. After analysing over a large sample of data set they find that, in their sample period's external financing is heavily used, which is not consistent with the findings of Myers (2001). They also fin ...
... Testing the Trade Off and Pecking Order Models of Capital Structure merger within estimation periods. After analysing over a large sample of data set they find that, in their sample period's external financing is heavily used, which is not consistent with the findings of Myers (2001). They also fin ...
krugman_mods_3e_irm_micro_econ_mod20
... that the satisfaction received from consuming a good is measured in “utils,” or units of utility. Then ask the student “how many units of utility did you receive from eating the doughnut hole?” The student may still not want to answer. Encourage them by pointing out that they are the only one who kn ...
... that the satisfaction received from consuming a good is measured in “utils,” or units of utility. Then ask the student “how many units of utility did you receive from eating the doughnut hole?” The student may still not want to answer. Encourage them by pointing out that they are the only one who kn ...
The Stock Market, Information, and Financial Market Efficiency
... efficient markets hypothesis in his book A Random Walk Down Wall Street. • In an early edition of his book, Malkiel made the following observation about the efficient markets hypothesis: “Taken to its logical extreme the theory means that a blindfolded monkey throwing darts at a newspaper’s financia ...
... efficient markets hypothesis in his book A Random Walk Down Wall Street. • In an early edition of his book, Malkiel made the following observation about the efficient markets hypothesis: “Taken to its logical extreme the theory means that a blindfolded monkey throwing darts at a newspaper’s financia ...
Download attachment
... of research can be classi…ed into the following groups: 1. Models of valuation of complex derivative securities. Illustrative examples of such securities are mortgage-backed securities such as collateralized mortgage obligations, exotic options (barrier options, lookback options, Asian options, etc ...
... of research can be classi…ed into the following groups: 1. Models of valuation of complex derivative securities. Illustrative examples of such securities are mortgage-backed securities such as collateralized mortgage obligations, exotic options (barrier options, lookback options, Asian options, etc ...
Positive Alpha and Negative Beta (A Strategy for Counteracting
... the basis of Tversky and Kahnemans Prospect Theory. As the options market is fairly new, and still developing in terms of various pricing models, we thought it would be interesting to test whether the predictable loss aversion preference is evident and accurately priced into the market. In this arti ...
... the basis of Tversky and Kahnemans Prospect Theory. As the options market is fairly new, and still developing in terms of various pricing models, we thought it would be interesting to test whether the predictable loss aversion preference is evident and accurately priced into the market. In this arti ...
PART I The Role of Ethics in Theory - IES
... discover or study these values, but it must take them into account. Although the study of ethics lies outside of the direct realm of economic science, economic behavior of individuals is directly dependant on it. Ethical problems, that the economists often neglect, come back like ghosts and with an ...
... discover or study these values, but it must take them into account. Although the study of ethics lies outside of the direct realm of economic science, economic behavior of individuals is directly dependant on it. Ethical problems, that the economists often neglect, come back like ghosts and with an ...
a mathematical demonstration of why neoclassical
... brings about, as the first-order condition, an equation which links price and production, and this equation may be identified with the supply curve because it contains all, and only, the equilibrium points which maximize profit. Additionally, a conjectural variation parameter stemming from competiti ...
... brings about, as the first-order condition, an equation which links price and production, and this equation may be identified with the supply curve because it contains all, and only, the equilibrium points which maximize profit. Additionally, a conjectural variation parameter stemming from competiti ...
The Theory of Innovative Enterprise: A Foundation of Economic
... Through the elaboration of the theory of innovative enterprise, I show both the illogic of the neoclassical monopoly model as proof of the superiority of “perfect” competition and the irrelevance of the Williamsonian transaction-cost model for understanding the growth and performance of the firm. Th ...
... Through the elaboration of the theory of innovative enterprise, I show both the illogic of the neoclassical monopoly model as proof of the superiority of “perfect” competition and the irrelevance of the Williamsonian transaction-cost model for understanding the growth and performance of the firm. Th ...
Working Paper No. 427 Liquidity Preference Theory Revisited—To
... primary focus in the later work on the forces that “determined the level of output and employment at any time,” that the monetary implications (or, requirements) of continuing growth in aggregate spending and economic activity were not fully spelt out. In the finance motive debate, Keynes then refer ...
... primary focus in the later work on the forces that “determined the level of output and employment at any time,” that the monetary implications (or, requirements) of continuing growth in aggregate spending and economic activity were not fully spelt out. In the finance motive debate, Keynes then refer ...