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Die Arbeit hat das Ziel, die ursprünglich rein kapitalmarkttheoretisch ausgelegte Optionspreistheorie für das … den Leitlinien der Optionspreistheorie folgen.Mit einer auf die 16 führenden Pharmaunternehmen bezogenen empirischen …
Persistent link: https://www.econbiz.de/10009467496
volatility on foreign exchange markets. Starting point is the market participant's microeconomic investment decision, which is … trading volume and volatility on foreign exchange markets. We apply various two-country-models with representative market …
Persistent link: https://www.econbiz.de/10009471738
into volatility persistence in stock returns. In part two, I show that the introduction of continuous trading on the WSE is … volatility on days after limit hits and positive autocorrelation in stock returns. I do not find significant advantages of this …
Persistent link: https://www.econbiz.de/10009460735
All applicants that want to study at the University of economics, the Faculty of Management in Jindřichův Hradec have to be successfully graduated from high school. The preparation for leaving examination in certain subject at high school is at the same time the preparation for admission test....
Persistent link: https://www.econbiz.de/10011315963
We consider a random design model based on independent and identically distributed pairs of observations (Xi, Yi), where the regression function m(x) is given by m(x) = E(Yi|Xi = x) with one independent variable. In a nonparametric setting the aim is to produce a reasonable approximation to the...
Persistent link: https://www.econbiz.de/10009484098
Statistical flowgraphs represent multistate semi-Markov processes using integral transforms of transition time distributions between adjacent states; these are combinedalgebraically and inverted to derive parametric estimates for first passage time distributions between nonadjacent states. This...
Persistent link: https://www.econbiz.de/10009429650
We propose a new method to find spatially adaptive smoothing splines. This new method breaks down the interval [0, 1] into p disjoint sub-intervals. Then we define p functional components in [0, 1], which have two importantfeatures. First, the purpose of each of these p components is to estimate...
Persistent link: https://www.econbiz.de/10009429662
We apply semiparametric efficient estimation procedures for a seemingly unrelated regression model where the multivariate error density is elliptically symmetric to study the efficiency of the foreign exchange market. We consider both cointegrating regressions and standard stationary...
Persistent link: https://www.econbiz.de/10009445633
Functional data analysis (FDA) is an active field of statistics, in which the primary subjectsin the study are curves. My dissertation consists of two innovative applications offunctional data analysis in biology. The data that motivated the research broadened thescope of FDA and demanded new...
Persistent link: https://www.econbiz.de/10009464813
Der Begriff Realoptionen umfasst jene Investitionsrechnungsverfahren, die Handlungsoptionen mithilfe finanzmathematischer Methoden aus der Optionstheorie quantitativ bewerten. Aus der Sicht von Softwareinvestitionen sind aufgrund der Rahmenbedingungen, Flexibilität spielt hierbei eine wichtige...
Persistent link: https://www.econbiz.de/10009480891