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This paper offers a continuous time, general equilibrium model where a risky asset is traded among risk-averse overconfident investors. Two kinds of overconfidence are introduced: investors exhibit relative overconfidence if each investor believes her model is better than others' and aggregate...
Persistent link: https://www.econbiz.de/10012738844
The global adoption of RFID technology presents a number of challenges to IT architecture design. This paper identifies important requirements for RFID data provisioning at an abstract architecture level. A non-invasive architecture style is proposed to satisfy these requirements. Our proposed...
Persistent link: https://www.econbiz.de/10012708946
Consider n i.i.d. random elements on C[0, 1]. We show that under an appropriate strengthening of the domain of attraction condition, natural estimators of the extreme-value index, which is now a continuous function, and the normalizing functions have a Gaussian process as limiting distribution....
Persistent link: https://www.econbiz.de/10014071139
Through which channels, physical or cognitive, can air pollution influence worker performance? This question has not been answered in the literature. Using a unique dataset on the performance of soccer players in China, we investigate the effect of air pollution on different performance...
Persistent link: https://www.econbiz.de/10013298825
Toluene is one of the main volatile organic compounds (VOCs) from industrial emissions, its control through catalytic combustion becomes more imperative to meet the stringent regulations. In this study, a series of Ag/Ce x Zr 1-x O 2 monolithic catalysts with different Ce/Zr ratios were prepared...
Persistent link: https://www.econbiz.de/10013303029