Showing 1 - 10 of 475
1. Investment in IT and the business performance of financial companies / Irene Henriques, Perry Sadorsky -- 2. Recent development of information technology in Japanese banks / Nobuyoshi Yamori, Kozo Harimaya, Yoshihiro Asai -- 3. Payment systems of financial institutions : current state and...
Persistent link: https://www.econbiz.de/10011726137
On the basis of a real high stakes insurance experiment with small probabilities of losses, we demonstrate that concern … is a more important driver of WTP for insurance than subjective probability estimates when there is ambiguity surrounding … probability insurance "puzzle" well known from the literature, where a part of individuals pays too much and a part nothing for …
Persistent link: https://www.econbiz.de/10009621421
. -- monetary policy ; Endogenous money ; industrial organization approach to banking theory ; money multiplier ; vector error …
Persistent link: https://www.econbiz.de/10009620766
literature of financial market development and economic growth -- Endogenous growth theory and financial sector -- Post …
Persistent link: https://www.econbiz.de/10011728013
Theory of behavioral finance / Jaya M. Prosad, Sujata Kapoor, Jhumur Sengupta -- A general view of poverty in Turkey as … an issue for social work in the light of behavioral finance and game theory / Seher Cesur-Kiliçaslan, Toprak Isik -- An …
Persistent link: https://www.econbiz.de/10011728166
In a complete financial market every contingent claim can be hedged perfectly. In an incomplete market it is possible to stay on the safe side by superhedging. But such strategies may require a large amount of initial capital. Here we study the question what an investor can do who is unwilling...
Persistent link: https://www.econbiz.de/10009574876
In this note the unobserved component approach underlying the software package SEATS is compared with the Beveridge-Nelson type of decomposition for seasonal time series. The main strength of the SEATS approach lies in the appealing model formulation and the careful specification and adjustment...
Persistent link: https://www.econbiz.de/10009574877
We emphasize the importance of properly identifying the long-run relations underlying the monetary model of the exchange rate. The separate estimation of long-run money demands leads to a "structural" error correction equation which allows an interpretation of the various channels affecting the...
Persistent link: https://www.econbiz.de/10009574885
Rational bargaining behavior depends crucially on the rules of bargaining, especially on whether parties decide sequentially or independently. Whereas in ultimatum bargaining the proposer can exploit the responder, independent commitments result in more balanced payoffs. To limit the scope of...
Persistent link: https://www.econbiz.de/10009574886
Discriminant analysis for two data sets in IRd with probability densities f and g can be based on the estimation of the set G = {x : f(x) ≥ g(x)}. We consider applications where it is appropriate to assume that the region G has a smooth boundary. In particular, this assumption makes sense if...
Persistent link: https://www.econbiz.de/10009574887