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638961
The multinomial option pricing model and its Brownian and poisson limits
Milne, Frank
;
Madan, Dilip
;
Shefrin, Hersh
-
1990
to yield the Black-Scholes formula in the case of continuous sample paths for a wide variety of complete
market
…
Persistent link: https://www.econbiz.de/10010290439
Saved in:
638962
Incomplete diversification and asset pricing
Elliott, Robert
;
Madan, Dilip
;
Milne, Frank
-
2002
pricing models reflect these risks. Averaging across the pool of investors we obtain a
market
asset pricing model that … reflects
market
risk exposures. It is observed on invoking a law of large numbers applied to an infinite population of … investors, that many personally relevant risk considerations can be eliminated from the
market
asset pricing model. Examples …
Persistent link: https://www.econbiz.de/10010290440
Saved in:
638963
"Reverse" intergovernmental transfers between regions with local public goods
Hartwick, John M.
-
2009
We report on the nature of a utility optimizing transfer from one regional government to another when local public goods are present. Computer examples reveal that small differences in regional endowments result in large differences in equilibrium outcomes for two regions, under optimal...
Persistent link: https://www.econbiz.de/10010290447
Saved in:
638964
Are sunnier cities denser?
Hartwick, John
-
2007
We set out an open, monocentric city with residential structures and reflect on how changes to an amenity index affects the city. On the production side, the shock is represented by a productivity improvement and a local wage increase and on the consumption side the shock is represented by an...
Persistent link: https://www.econbiz.de/10010290454
Saved in:
638965
Zur Kumulation von Haushaltsstichproben
Merz, Joachim
-
2002
Die Kumulation von Haushaltsstichproben steht auf der Agenda einer europäischen Neuordnung von Haushaltsbefragungen. Im Rahmen des Projektes Amtliche Statistik und sozioökonomische Fragestellungen des Statistischen Bundesamtes und in Abstimmung mit den EUROSTAT-Erfordernissen für neue...
Persistent link: https://www.econbiz.de/10010290510
Saved in:
638966
Understanding perpetual R&D races
Breitmoser, Yves
;
Tan, Jonathan H. W.
;
Zizzo, Daniel John
-
2008
sustained, or converges into a
market
structure with an entrenched leadership and lower aggregate R&D. The subjects' strategies …
Persistent link: https://www.econbiz.de/10010290528
Saved in:
638967
24
Abbink, Klaus
;
Brandts, Jordi
-
2003
collusion with more firms leads to lower average prices. With more than two firms, the predominant
market
price is 24, a price …
Persistent link: https://www.econbiz.de/10010290534
Saved in:
638968
Conditional cooperation: Behavioral regularities from the lab and the field and their policy implications
Gächter, Simon
-
2006
Persistent link: https://www.econbiz.de/10010290537
Saved in:
638969
The intertemporal substitution model of labor supply in an open economy
Faria, João Ricardo
;
León-Ledesma, Miguel
-
2000
Persistent link: https://www.econbiz.de/10010290621
Saved in:
638970
Rent-seeking and quota regulation of a renewable resource
Bergland, Harald
;
Clark, Derek J.
;
Pedersen, Pål Andreas
-
2001
The paper deals with rent-seeking behaviour among agents competing for future shares of a common renewable natural resource. Rent-seeking might become profitable when the agents expect that the distribution of the natural resource in future periods will be dependent on the agents' extraction of...
Persistent link: https://www.econbiz.de/10010290625
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