The Least-Squares Monte Carlo model (LSM model) has emerged as the derivative valuation technique with the greatest impact in current practice. As with other options valuation models, the LSM algorithm was initially posited in the field of financial derivatives and its extension to the realm of...

The Least-Squares Monte Carlo model (LSM model) has emerged as the derivative valuation technique with the greatest impact in current practice. As with other options valuation models, the LSM algorithm was initially posited in the field of financial derivatives and its extension to the realm of...

This book is a valuable asset for anyone seeking to make sense of economic news or, more importantly, to place it in a broader context.

What is the relationship between democratic government and a capitalist economic system?

The author explores periods of rapid technological change for coincidences of widening inequality and slowing productivity growth.

The author examines the structure of the corporate charter market, the impact of takeover regulation and federal securities law, and the spreading of criminalization of corporate duties.

This book outlines the complexity of the issues and the stakes in the national debate over the privacy of personal information, and identifies likely ramifications.

Using federal procurement of computer systems, the author shows the effects of practices designed to prevent collusion between vendors and officials.

The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.

The author examines the structure of the corporate charter market, the impact of takeover regulation and federal securities law, and the spreading of criminalization of corporate duties.