(cont.) mechanism, a user only needs to know a small region of the Internet in order to select a route to reach a destination. In addition, a novel route representation and packet forwarding scheme is designed such that a source and a destination address can uniquely represent a sequence of...

This thesis investigates the implications of explicitly modeling the monetary policy of the Central Bank within a Dynamic Term Structure Model (DTSM). We follow Piazzesi (2005) and implement monetary policy by including the Fed target rate as a state variable. The discontinuous target dynamics...

The risk arbitrage investment process involves betting on the outcome of announced mergers and acquisitions. We analyzed a sample of 1309 stock and cash mergers from 1996 to 2004 Q2 and developed insights into the risk arbitrage process. We found share price reactions for both the acquirer and...