Showing 1 - 10 of 3,995
Persistent link: https://www.econbiz.de/10004998582
The existing literature suggests a number of alternative methods to test for the presence of contagion during financial market crises. This paper reviews those methods and shows how they are related in a unified framework. A number of extensions are also suggested that allow for multivariate...
Persistent link: https://www.econbiz.de/10005825971
Currency mismatches in corporate balance sheets have been singled out as an important factor underlying the severity of recent financial crises. We propose several structural models for measuring default risk for firms with currency mismatches in their asset/liability structure. The proposed...
Persistent link: https://www.econbiz.de/10005826571
Following record low interest rates and fast depreciating U.S. dollar, crude oil prices became under rising pressure and seemed boundless. Oil price process parameters changed drastically in 2003M5-2007M10 toward consistently rising prices. Short-term forecasting would imply persistence of...
Persistent link: https://www.econbiz.de/10005825666
This thesis advances game theory by formally analysing the implications of replacing some of its most stringent … thesis makes two distinct contributions in the field of learning game theory and one in the field of evolutionary game theory … theory presented here abandon the orthodox assumption that players are fully rational, and assume instead that players follow …
Persistent link: https://www.econbiz.de/10005790121
Der vorliegende Diskussionsbeitrag entstand im Rahmen eines Forschungsprojektes über die monetäre Integration von fünf mittel- und osteuropäischen EU-Beitrittskandidaten (Polen, Tschechische Republik, Ungarn, Slowenien und Estland). Das hier vorgestellte Kapitel geht auf die...
Persistent link: https://www.econbiz.de/10008462112
the roles of threats and reputation, cooperation, and retaliation. Dovetailing the theory of repeated games and empirical …
Persistent link: https://www.econbiz.de/10010892212
Game theory is central to understanding human behavior and relevant to all of the behavioral sciences—from biology and … economics, to anthropology and political science. However, as The Bounds of Reason demonstrates, game theory alone cannot fully … Gintis shows that just as game theory without broader social theory is merely technical bravado, so social theory without …
Persistent link: https://www.econbiz.de/10011097649
Game theory is central to understanding human behavior and relevant to all of the behavioral sciences—from biology and … economics, to anthropology and political science. However, as The Bounds of Reason demonstrates, game theory alone cannot fully … Gintis shows that just as game theory without broader social theory is merely technical bravado, so social theory without …
Persistent link: https://www.econbiz.de/10011097660
latest advances in behavioral finance, real option valuation, and game theory, this unique playbook explains how to express … theory and featuring numerous real-world case studies, Playing at Acquisitions will enhance the ability of CEOs and their …
Persistent link: https://www.econbiz.de/10011082752