Given the negative effects of the economic crisis on the Romanian economy, entrepreneurship represents one of the main pillars of economic recovery and the authorities need to act in support of private entrepreneurship initiative. Even though entrepreneurship does not equate to the small and...

Given the negative effects of the economic crisis on the Romanian economy, entrepreneurship represents one of the main pillars of economic recovery and the authorities need to act in support of private entrepreneurship initiative. Even though entrepreneurship does not equate to the small and...

Given the negative effects of the economic crisis on the Romanian economy, entrepreneurship represents one of the main pillars of economic recovery and the authorities need to act in support of private entrepreneurship initiative. Even though entrepreneurship does not equate to the small and...

When managing investment portfolios on integrated capital markets, beyond the models put forth by the modern portfolio theory, (the Markowitz model, the CML model, the CAPM model, the Treynor-Black model and more), one can successfully resort to the statistical and mathematical tools made...

One can argue – with a degree of certainty – that finance experts had long realised that the decision to invest needed to take into account both the profitability and the risk associated with the assets, but that used to be done mostly at an empirical level. The major contribution of...

The purpose of this article is to prepare an analysis of the most traded options on the stock and commodities exchange by using the Binomial Model. The main indicators of sensitivity are calculated and interpreted, and it is shown that, on long term the solutions of this model converge to the...