This interactive, two-day course will cover stochastic processes as they are employed in the valuation and risk management of structured products. Beginning with Lévy processes, we proceed via the additive Sato processes through to local volatility, its generalization to locally Lévy...

We will focus on work looking at the organization of firms – for example issues such as the distribution of decision making authority within firms, the hierarchical structure of firms, information flows with firms, management systems, ownership structure of firms or any other organizational...

The purpose of this SITE workshop is to bring together researchers studying the joint determination of dynamic investment and financial policies. Research questions include how optimal investment policy changes today if financing frictions may prevent firms from investing at the first-best level...