This dissertation is comprised of two related tracts: (i) Quantitative Modeling and (ii) Analysis of Asset Flow Differential Equations. In the former a data set of over 100,000 daily closed-end fund prices is analyzed using mixed-effects regressions with the objective of understanding price...

Overreactions and other behavioral effects in stock prices can best be examined by adjusting for the changes in fundamentals. We perform this by subtracting the relative price changes in the net asset value (NAV) from that of market price (MP) daily for a large set of closed-end funds trading in...

This paper takes a simple life insurance product that pays a benefit upon the death of a person and looks at two separate ways of setting the price, or premium, for the product. The premium is collected only once; on the date that the product is purchased. The first method of pricing uses the...

In the second chapter, we investigate the existence of a competitive equilibrium in a deterministic intertemporal economy with infinitely many consumers when the aggregate wealth is restricted to be finite. After we show the existence we discuss the efficiency of the equilibrium in relation with...

In recent years leading-edge financial institutions routinely use advanced analytical and numerical techniques from science and engineering to create, deploy, and manage new financial instruments. The proliferation and complexity of the available financial instruments in conjunction with the...

The purpose of this thesis was to study the reliability and the accuracy of GPS positioning in Palm Beach and Broward counties.

In this thesis we establish that the blockwise bootstrap works for a large class of statistics. The main results are as follows: (i) A strongly mixing sequence satisfying the Central Limit Theorem for the mean, also satisfies the Moving Blocks Bootstrap Central Limit Theorem, in probability,...