Our main goal is to investigate the question of which interest-rate options valuation models are better suited to support the management of interest-rate risk. We use the German market to test seven spot-rate and forward-rate models with one and two factors for interest-rate warrants for the...

It is puzzling that links between Gandhian social philosophy and recent conflict resolution/negotiation literature, especially given the latter's Gandhian `flavour', have received so little scholarly attention. While there seems to be no direct causal link between the two bodies of knowledge,...

The central importance of Gandhi to nonviolent activism is widely acknowledged. There are also other significant peace-related bodies of knowledge that have gained such popularity in the West in the relatively recent past that they have changed the directions of thought and have been important...

From Maude Royden's `Peace Army' in the 1930s to the recent Gulf Peace Team, there has been a rich but little known history of attempted unarmed interpositionary peace-keeping. Most of these initiatives have stalled at the proposal stage primarily because of a lack of money and the absence of...

This paper analyzes the loss allocation to first, second, and third loss positions in European collateralized debt obligation transactions. The quality of the underlying asset pool plays a predominant role for the loss allocation. A lower asset pool quality induces the originator to take a...</italic>

In diesem Beitrag wird untersucht, inwieweit Erkenntnisse des Behavioral Finance erforderlich sind, um einerseits das kundenbezogene Wertpapiergeschäft von Banken und andererseits die Preisbildung auf Kapitalmärkten zu untersuchen. Es wird dargelegt, daß das kundenbezogene Wertpapiergeschäft...