This paper presents a general theory that works out the relation between coherent risk measures, valuation bounds, and … theory presented seems to fill a gap between arbitrage valuation on the one hand and single agent utility maximization or … full-fledged equilibrium theory on the other hand. "Coherent" valuation bounds strike a balance in that the bounds can be …

. However, no empirical evidence exists for Germany so far. We investigate the effectiveness of (i) self-ratings of health by … individuals and (ii) changes in self-rated health, as predictors of mortality for Germany. Methods: A sub-sample of 3 … a valid predictor of mortality in Germany, adding previously self-rated health has no effect on explaining the …

exchange the paper compares estimation results of parametric and nonparametric autoregressive models with respect to possible …

. Institutional differences between Germany and the U.S. allow to disentangle the three main hypotheses on the announcement effect …. Consistently, abnormal returns around the announcement day are much lower in Germany than in the U.S. Although a significant … tradeto-trade returns increases the significance of abnormal returns but the difference between alternative return measurement …