The additive model overcomes the "curse of dimensionality" in general nonparametric regression problems, in the sense that it achieves the optimal rate of convergence for a one-dimensional smoother. Meanwhile, compared to the classical linear regression model, it is more flexible in defining an...

As foreign direct investment (FDI) grows rapidly in this highly integrated world, numerous new challenges confront the existing global trading system. Both developed countries and their developing counterparts have been trying to reach harmonious bilateral or multilateral agreements. However,...

This thesis elaborates on the wealth maximization problem of a small investor who invests in a financial market. Key tools for our studies come across in the form of several classes of BSDEs with particular non-linearities, casting them outside the standard class of Lipschitz continuous BSDEs....