Showing 1 - 10 of 432
Persistent link: https://www.econbiz.de/10002264790
Persistent link: https://www.econbiz.de/10002264664
Persistent link: https://www.econbiz.de/10002264780
Persistent link: https://www.econbiz.de/10000082726
Persistent link: https://www.econbiz.de/10005297009
Persistent link: https://www.econbiz.de/10007721732
Our context involves N Cournot oligopolists producing M products at constant marginal costs when preferences are quasi-linear. We identify relationships between second moments of unit costs and second moments of firm-level production. For example, a larger variance in unit costs of a product...
Persistent link: https://www.econbiz.de/10005500084
Persistent link: https://www.econbiz.de/10005499225
A copula is a means of generating an n-variate distribution function from an arbitrary set of n univariate distributions. For the class of portfolio allocators that are risk averse, we use the copula approach to identify a large set of n -variate asset return distributions such that the relative...
Persistent link: https://www.econbiz.de/10005437302
Producers are subject to similar production risks, and so their outputs are likely correlated. Using the entire data-set rather than summary statistics, we study an ordinal definition of systematic risk. For risk-neutral producers in perfect competition, we trace the effects of an increase in...
Persistent link: https://www.econbiz.de/10005441644