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A growing body of recent evidence suggests that premiums for financial options might be too high. For agricultural options, market participants often make similar claims, however there is very limited scientific literature to prove or disprove such claims. This research investigates the...
Persistent link: https://www.econbiz.de/10009442979
This thesis examines the validity of the cost of carry model for pricing FTSE100 futures contracts and the relationship between FTSE100 spot and futures markets during twosub-periods characterised by different market trading systems employed by the LSEand LIFFE. The empirical work is carried out...
Persistent link: https://www.econbiz.de/10009461235
mispricing caused by the bid-ask spread, known as the 'touch' and nonsynchronous trading in portfolio returns may explain these …
Persistent link: https://www.econbiz.de/10009481450
boom. Due to mispricing, banks subsequently face bigger losses and capital depletion. Output then decreases sharply due to …
Persistent link: https://www.econbiz.de/10013172318
Summary of Banco de España Working Paper no. 2214
Persistent link: https://www.econbiz.de/10014569487
rational description of the uncertainty inherent in both domains, the analysis of their interaction. Little research to date …
Persistent link: https://www.econbiz.de/10009437596
There is increasing agreement that understanding complexity is important for project management because of difficulties associated with decision-making and goal attainment which appear to stem from complexity. However the current operational definitions of complex projects, based upon size and...
Persistent link: https://www.econbiz.de/10009437938
Statistical Activity Cost Theory (SACT) is an axiomatic and statistical theory of basic accounting measurement practice. The aim of the SACT analysis, among others, is to determine the statistical nature of both the physical production system of an accounting entity and its related costs, which...
Persistent link: https://www.econbiz.de/10009437995
This article presents a survey of authorisation models and considers their ‘fitness-for-purpose’ in facilitating information sharing. Network-supported information sharing is an important technical capability that underpins collaboration in support of dynamic and unpredictable activities...
Persistent link: https://www.econbiz.de/10009438192
Generally speaking, psychologists have suggested three traditional views of how people cope with uncertainty. They are … uncertainty, such as the recent global financial crisis, these coping methods often result in innovation in industry. Richards … analysis, reveals that coping with uncertainty manifests itself in ways that have resulted in innovations in design, marketing …
Persistent link: https://www.econbiz.de/10009438245