We study the strategic asset allocation for an international investor. The recent empirical evidence on the partial … predictability of asset returns has renewed theacademic and practical interest in strategic asset allocation. To model time varying … generated by regime-switching models, and theory onasset allocation …

Purpose of this paper: we study the asset allocation problem for a pension fund which maximizes the expected present … is always less risky than the Mertons (1969-1971) one. In particular, the asset allocation is less and less risky until … optimal asset allocation. …

advance to the allocation of opportunities and of the revenues theygenerate, support referrals where the market cannot, but …

Many real-life applications of house allocation problems are dynamic. For example, inthe case of on-campus housing for …, we introduce a model of house allocation with overlapping agents. In termsof dynamic mechanism design, we examine two …

allocation. We find that the patternof policy-making reflects politicians' self-interest. Elected councillors benefit from … resource allocation.While electoral incentives do not eliminate politician opportunism, voters ap-pear able to use their …

the delivery coefficients using four different allocation principles. We found that the allocations based on delivery …