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Bitcoin : Future Transaction Currency?
Hosain, Sajjad - 2018
Bitcoin is a digital cryptocurrency that has attracted substantial interest in recent years from the general people, profit seekers, risk takers, academic practitioners and last but not the least, from economists. Most recently, particularly, after 2015, it has succeeded to gain even more...
Persistent link: https://www.econbiz.de/10012913440
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Abc-Modell eines Ponzi-Systems
Parodi, Bernhard R. - Volkswirtschaftliche Fakultät, … - 2013
Ein analytisches Modell mit acht Parametern zur Beschreibung idealisierter Ponzi-Systeme mit asymmetrisch und progressiv wachsenden Kapitalzu- und -abflüssen wird präsentiert. Investoren bleiben optional zeitlich begrenzt oder dauerhaft investiert. Diverse Systemvarianten inklusive deren...
Persistent link: https://www.econbiz.de/10011110795
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Managerial Responses to Incentives: Control of Firm Risk, Derivative Pricing Implications, and Outside Wealth Management
Jackwerth, Jens Carsten; Hodder, James E. - Volkswirtschaftliche Fakultät, … - 2008
We model a firm’s value process controlled by a manager maximizing expected utility from restricted shares and employee stock options. The manager also dynamically controls allocation of his outside wealth. We explore interactions between those controls as he partially hedges his exposure to...
Persistent link: https://www.econbiz.de/10005837504
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Revisting the Rate of Change
Khumalo, Bhekuzulu - Volkswirtschaftliche Fakultät, … - 2009
The Mean Value Theorem is a great theory and guide for any body who deals with the rate of change. This paper aims to add something to the theory. Even a small addition is better than none, only time will tell the significance of the addition.
Persistent link: https://www.econbiz.de/10005035012
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Revisiting the Derivative: Implications on the Rate of Change Analysis
Khumalo, Bhekuzulu - Volkswirtschaftliche Fakultät, … - 2009
The aim of this paper is to raise concerns with the mathematical concept of the derivative as we know it. It raises … easily understood. The paper looks at linear and polynomial functions to illustrate that the derivative is not as precise as … simple derivative. It is the nature of polynomial functions that lead to the derivative not to be accurate and this paper …
Persistent link: https://www.econbiz.de/10005621634
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Optimal option pricing and trading: a new theory
Moawia, Alghalith - Volkswirtschaftliche Fakultät, … - 2009
We introduce a new utility-based approach to pricing European and American options. In so doing, we overcome some of the limitations of the existing models.
Persistent link: https://www.econbiz.de/10008633352
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Optimal option pricing and trading: a new theory
Moawia, Alghalith - Volkswirtschaftliche Fakultät, … - 2009
We introduce a new utility-based approach to pricing European and American options. In so doing, we overcome some of the limitations of the existing models.
Persistent link: https://www.econbiz.de/10008685171
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Role of banks in housing finance
Mehar, Ayub - Volkswirtschaftliche Fakultät, … - 2005
It is implied that the Housing Finance companies and banking sector can find an equilibrium rate of return on deposits by simultaneous determination of the utilization of housing loans and supply of the funds. The results are also useful in determination of equilibrium ratio of the rental income...
Persistent link: https://www.econbiz.de/10005787097
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On generating correlated random variables with a given valid or invalid Correlation matrix
Mishra, SK - Volkswirtschaftliche Fakultät, … - 2004
In simulation we often have to generate correlated random variables by giving a reference intercorrelation matrix, R or …
Persistent link: https://www.econbiz.de/10005787098
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Bootstrapping the economy -- a non-parametric method of generating consistent future scenarios
Müller, Ulrich A; Bürgi, Roland; Dacorogna, Michel M - Volkswirtschaftliche Fakultät, … - 2004
The fortune and the risk of a business venture depends on the future course of the economy. There is a strong demand for economic forecasts and scenarios that can be applied to planning and modeling. While there is an ongoing debate on modeling economic scenarios, the bootstrapping (or...
Persistent link: https://www.econbiz.de/10008506919