In dieser Arbeit setzen wir uns mit den Auswirkungen von Risikobeschränkungen auf das optimale Verhalten eines Investors auseinander, welcher versucht, den erwarteten Endnutzen zu einem festgelegten Zeitpunkt zu maximieren. Dazu kann er ein vorgegebenes Anfangsvermögen in einem Markt...

The problem considered is sequential estimation of the mean θ of a one-parameter exponential family of distributions with squared error loss for estimation error and a cost c 0 for each of an i.i.d. sequence of potential observations X 1 , X 2 ,...A Bayesian approach is adopted, and natural...

This thesis studies two related topics in liner shipping. The first topic is the contract pricing problem for container carriers. The second part studies the interaction of the longer term contracts and the spot markets/exchanges for the same goods/services.Most containerized freight is...

Subprime residential mortgage loan securitization and its associated risks have been a major topic of discussion since the onset of the subprime mortgage crisis (SMC) in 2007. In this regard, the thesis addresses the issues of subprime residential mortgage loan (RML) securitization in discrete-,...

Knappe Ressourcen bei Marketing Instrumenten wie Verkaufszeit, Werbebudget oder Regalplatz werden durch die Regel Elastizität × Deckungsbeitrag optimal aufgeteilt. Häufig empfehlen die Autoren, entsprechende Parameter aufgrund teurer Erhebungsmethoden oder zu kurzer Erhebungszeiträume...

The major goal of this thesis is to contribute answering the question how changes in economic actions affect the climate and at the same time, how do changes in the climate affect the economy. This thesis consists of three parts. In the first part (Chapter 2) we stress the role of the oceans as...

This research focuses on urban water policy. The three papers extend the literature through economic application, taking theory in a direction that informs water resource managers on optimal decision-making or a better approach to management. Three primary results are: first, that the optimal...

Acall center with both contract and noncontract customers was giving priority to the contract customers only in off-peak hours, precisely when having priority was least important. In this paper, we investigate whether this is rational behavior on the part of the call center and what the...

We solve an optimal growth model in continuous space, continuous and bounded time. The optimizer chooses the optimal trajectories of capital and consumption across space and time by maximizing an objective function with both space and time discounting. We extract the corresponding Pontryagin...