The article examines an approach to the simulation of financial institution behavior (and bank in particular) based upon system dynamics methods. Research results indicate that system dynamics modeling can to further for better understanding of banking troubles hidden causes. Therefore the...

This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...

Insurance and reinsurance live and die from the diversification benefits or lack of it in their risk portfolio. The new solvency regulations allow companies to include them in their computation of risk-based capital (RBC). The question is how to really evaluate those benefits. To compute the...

In the first section we recall Bak Sneppen model and its evolutions. In this paper we wish to present some simplified cases in which explicit computations via Markov chains are possible, hence reaching a better understanding of some rather hidden phenomena of the general case: in particular...

In the Schumpeterian creative disruption age, the authors firmly believe that an increasing application of electronic technologies in the finances opens a big number of new unlimited opportunities toward a new era of the ultra high frequency electronic trading in the foreign currencies exchange...

In the Schumpeterian creative disruption age, the authors firmly believe that an increasing application of electronic technologies in the finances opens a big number of new unlimited opportunities toward a new era of the ultra high frequency electronic trading in the foreign currencies exchange...

In this paper I consider a portfolio optimization problem where an agent holds an endowment of stock and is allowed to buy some quantity of a put option on the stock. This basic question (how much insurance to buy?) has been addressed in insurance economics through the literature on rational...

The objective of this work is to present in summary form, the historical development of social indicators in Brazil and the methodology adopted by each of them. The indicators used were the HDI, the IDS, the Idsa, the Gini Index and GDP Green. The proposal is to make a comparative analysis to...

The article analyses an approach to construction of the mathematical model for the bank based upon set theory and abstract algebra. It is shown that selection of correspond algebraic structure for simulation is influence directly on basis of methods for solving engineering and economical...

The article analyses an approach to construction of the mathematical model for the commercial banking industry based upon set theory, abstract algebra, and computational linguistics.