This paper considers the problem of European option pricing in the presence of proportional transaction costs when the price of the underlying follows a jump diffusion process. Using an approach that is based on maximization of the expected utility of terminal wealth, we transform the option...

The aim of this study is to introduce an innovative text mining approach to assess firms' risks using unstructured textual disclosure from annual reports. Specifically, we use Natural Language Processing techniques to extract firms' self-identified risks including financial, strategic,...

Measuring food waste at the individual household level has been nearly impossible because comprehensive, current data on uneaten food do not exist. By using food acquisition data, this article employs a new approach to estimating household-level food waste via a stochastic production frontier...