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A Markov Chain model can be used to model loan defaults because loans move through delinquency states as the borrower fails to make monthly payments. The transition matrix contains in each location a probability that a borrower in a given state one month moves to the possible delinquency states...
Persistent link: https://www.econbiz.de/10009456723
different degree distributions, the Poisson and the power-law. We found that at all ratesof swapping contacts, the total … epidemic size for the Poisson distribution is larger than that of thepower-law, but that the time to total epidemic size is … lower for power-law than for Poisson. …
Persistent link: https://www.econbiz.de/10009429368
This paper assesses whether the market valuation of gold mining firms contain a premium for the option to close. Tests … drive market values and has implications for the relevance and suitability of known theoretical pricing frameworks. This … paper assesses the relevancy of the option to close for mining firm valuation. This is achieved by examining 41 Australian …
Persistent link: https://www.econbiz.de/10009441756
utility, futures, option, risk management, value at risk. …
Persistent link: https://www.econbiz.de/10009444150
Grenzen. Für eine vereinfachte Modellierung des Kraftwerks als Swing Option mit Mehrfachausübung auf derselben Stufe bestimmen … Preisband innerhalb dessen ein beobachteter Preis zur Ausübung eines Swing-Rechts führt. Für den Fall der amerikanischen Option … Lieferung durch gezielten Verkauf einer Swing Option. Wir stellen eine Heuristik basierend auf unserem synthetischen Spot Delta …
Persistent link: https://www.econbiz.de/10009467034
option pricing theory against observed behavior of the options to see how the periodic buy-ins would act to cover the the …
Persistent link: https://www.econbiz.de/10009477969
This paper analyzes optimal pricing for information goods underincomplete information, when both unlimited-usage (fixed …-fee) pricingand usage-based pricing are feasible and administering usage-basedpricing may involve transaction costs. It is shown that … offeringfixed-fee pricing in addition to a nonlinear usagebased pricing schemeis always profit improving in the presence of nonzero …
Persistent link: https://www.econbiz.de/10009435049
In Cournot's model of complements, the producers of A and B are bothmonopolists. This paper extends Cournot's model to allow for competitionbetween complements on one side of the market. Consider two complements,A and B, where the A + B bundle is valuable only when purchasedtogether. Good A is...
Persistent link: https://www.econbiz.de/10009435133
varied in importance between work sections. An intra-estimator intra-item analysis of pricing variability generally confirmed …
Persistent link: https://www.econbiz.de/10009437458
Grocery shopping is an essential and routine activity. Although long regarded the responsibility of the female spouse, modern social and demographic shifts are causing men to become more engaged in this task. This is the first study to analyse gender differences with respect to the criterion of...
Persistent link: https://www.econbiz.de/10009438018