previous Boston mechanism, a priority matching mechanism, and the case in favor of the change to a strategy-proof mechanism … unassigned students could have been assigned to one of their stated choices with a different strategy under the current mechanism …. This interaction between sophisticated and unsophisticated players identifies a new rationale for strategy-proof mechanisms …

strategy are common across the two models: In particular, highly inertial interest rate rules that respond to nominal income or …

the abnormal performance of defensive equity (i.e., low volatility and/or low beta strategies). While defensive strategy … poor absolute performance of the most aggressive stocks. In conjunction with the well documented inability of the Fama and … performance is explained by controlling for size, profitability, and relative valuations, the converse is false--the performance …

option-like payoffs of past losers. An implementable dynamic momentum strategy based on forecasts of momentum's mean and … variance approximately doubles the alpha and Sharpe Ratio of a static momentum strategy, and is not explained by other factors …