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The effect of opening up ANWR to drilling on the current price of oil

Coats, R. Morris; Pecquet, Gary M. - Volkswirtschaftliche Fakultät, … - 2008

The Effect of Opening up ANWR to Drilling on the Current Price of Oil R. Morris Coats and Gary M. Pecquet …Everyone knows that oil discovered today, perhaps in the Alaskan National Wildlife Refuge (ANWR), has no effect on … the ANWR area. Therefore, production in ANWR will have no impact on current or short-term gasoline and oil supplies and …

Persistent link: https://www.econbiz.de/10005622049

Strategies for Managing Bank’s Legacy Assets:part 2 (of 2) Assessment of strategies and their implementation

Jenk, Justin - Volkswirtschaftliche Fakultät, … - 2015

This two-part working paper series represents a distillation of practical approaches with regard to the successful management of so-called “legacy assets” which include both impaired as well as non-performing loans, particularly in those in the real estate and property sectors. This two-part...

Persistent link: https://www.econbiz.de/10011265335

Price Rigidity and Flexibility: New Empirical Evidence

Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2007

The marketplace, along with its price system, is the single most important institution in a western-style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently and lies behind the magical invisible hand...

Persistent link: https://www.econbiz.de/10005835391

Option Pricing: Real and Risk-Neutral Distributions

Constantinides, George M.; Jackwerth, Jens Carsten; … - Volkswirtschaftliche Fakultät, … - 2007

The central premise of the Black and Scholes [Black, F., Scholes, M. (1973). The pricing of options and corporate … liabilities. Journal of Political Economy 81, 637–659] and Merton [Merton, R. (1973). Theory of rational option pricing. Bell … Journal of Economics and Management Science 4, 141–184] option pricing theory is that there exists a self-financing dynamic …

Persistent link: https://www.econbiz.de/10005836285

The effect of relative thinking on firm strategy and market outcomes: A location differentiation model with endogenous transportation costs

Azar, Ofer H. - Volkswirtschaftliche Fakultät, … - 2007

Consumers often have to decide whether to go to a remote store for a lower price. Only the absolute price difference between the stores should be relevant in this case, but several experiments showed that people exhibit "relative thinking": they are affected also by the relative savings...

Persistent link: https://www.econbiz.de/10005837411

Termination-Based Price Discrimination: Tariff-Mediated Network Effects and the Fat-Cat Effect

Claussen, Jörg; Trüg, Moritz; Zucchini, Leon - Volkswirtschaftliche Fakultät, … - 2011

Mobile telecommunications operators routinely charge higher prices for off-net than on-net calls. Previous research provides two alternative propositions on whether on-net / off-net price differentials (OOD) are more attractive for large or for small operators. On the one hand studies on...

Persistent link: https://www.econbiz.de/10010599192

A Game Theoretic Framework for Competing/Cooperating Retailers under price and advertising dependent demand

Dridi, Dhouha; Ben Youssef, Slim - Volkswirtschaftliche Fakultät, … - 2015

expenditures. To identify optimal advertising and pricing decisions, we discuss three possible games (two non cooperative games …

Persistent link: https://www.econbiz.de/10011220301

Brand and Quantity Choice Dynamics Under Price Uncertainty

Erdem, Tulin; Imai, Susumu; Keane, Michael - Volkswirtschaftliche Fakultät, … - 2003

We develop a model of household demand for frequently purchased consumer goods that are branded, storable and subject to stochastic price fluctuations. Our framework accounts for how inventories and expectations of future prices affect current period purchase decisions. We estimate our model...

Persistent link: https://www.econbiz.de/10011257829

The Zeeman Effect in Finance: Libor Spectroscopy and Basis Risk Management

Marco, Bianchetti - Volkswirtschaftliche Fakultät, … - 2011

building block of no-arbitrage pricing theory. Nowadays, in the modern financial world after the credit crunch, some Libors are …

Persistent link: https://www.econbiz.de/10011259157

Future of option pricing: use of log logistic distribution instead of log normal distribution in Black Scholes model

Raja, Ammar - Volkswirtschaftliche Fakultät, … - 2009

Options are historically being priced using Black Scholes option pricing model and one of the prominent features of it …

Persistent link: https://www.econbiz.de/10011259299