This thesis will be concerned with investigating the empirical characteristics of stock returns,forUKfirms which are distinguished by market value. The primary aimof thisworkis to identifywhether there are differences between the behaviour of large and small firm retums.A substantial amount of...

Darbo objektas – fundamentaliųjų veiksnių poveikis akcijų rinkos kainoms.Darbo tikslas – nustatyti fundamentaliųjų veiksnių poveikį akcijų kainoms skirtingais ekonomikos laikotarpiais Lietuvos akcijų rinkoje.Darbo uždaviniai:1. Išanalizuoti ir susisteminti akcijų kainų teorijas...

We analyze the long-run relationship between the world price of crude oil and international stock markets over 1971:1?2008:3 using a cointegrated vector error correction model with additional regressors. Allowing for endogenously identified breaks in the cointegrating and error correction...

This thesis presents a methodology to incorporate reservoir uncertainties and estimate the loss in project value when facility planning decisions are based on erroneous estimates of input variables. We propose a tank model along with integrated asset development model to simulate the concept...

Possessing the knowledge to hedge energy price risks properly is essential and crucial for running a long-term business. In the past, many hedging instruments have been invented and widely used. By using these derivatives, decision makers reduce the price risk to a certain degree. To apply these...

Background: Reducing rates of healthcare acquired infection has been identified by the Australian Commission on Safety and Quality in Health Care as a national priority. One of the goals is the prevention of central venous catheter-related bloodstream infection (CR-BSI). At least 3,500 cases of...

There are many situations in which individuals have a choice of whether or not to observe the eventual outcome. In these instances, individuals often prefer to avoid observing the outcome. The standard von Neumann-Morgenstern (vNM) Expected Utility model cannot accommodate these cases, since it...

Customers' needs are changing and organisations across all sectors are increasingly being asked not only to provide products in the first instance, but also to support them throughout their service life. At the same time, many engineering companies in defence, civil, aerospace and construction...

This dissertation addresses the question of choosing the best information alternative in engineering decisions. The decision maker maximizes his expected utility under uncertainty where both the action he takes and the state of the environment determines the payoff earned. The decision maker...

In some supply chains, materials are ordered periodically according to local information. This paper investigates how to improve the performance of such a supply chain. Specifically, we consider a serial inventory system in which each stage implements a local reorder interval policy; i.e., each...