The aim of the paper is to implement the algorithm for selecting stocks from a pool of stocks listed in a single market index like S&P CNX 500(say) and finding the corresponding weights of the stocks in the optimized portfolio using Treynor’s ratio, on the basis of historical data of Indian...

Asset allocation is a critical concern for any investor in the financial market. This paper aims to prioritize five randomly selected firms from the top ten stocks by market capitalization of the Shanghai Stock Exchange (SSE) by opting for adequate financial procedures and practical criteria...

Freiwilliges Engagement findet in Deutschland in einem breiten Spektrum von Bereichen und Tätigkeitsfeldern statt. Gleichzeitig ist aber über die Tätigkeiten, die freiwillig Engagierte ausüben und deren quantitative Verteilung wenig bekannt. Dieser Beitrag verfolgt daher das Ziel, die...

In this paper, we propose an interpretation of the Hilbert space method used in quantum theory in the context of decision making under uncertainty. For a clear comparison we will stay as close as possible to the framework of SEU suggested by Savage (1954). We will use the Ellsberg (1961) paradox...

The aim of this article is to identify diversity between the EU-15 and the New Members in their implementation of the Lisbon Strategy in the period 2000-2010. By analyzing a set of structural indicators, we aim to fill a gap in the literature: a lack of publications providing complex evaluation...

Seit ihrer Erkenntnis und Formulierung im Rahmen der Ausarbeitung der Thermodynamik zeigte sich, dass der Geltungsbereich der sog. Hauptsätze weit über die Grenzen der Thermodynamik im engeren Sinne herausreicht – sie sind offenbar das Fundament aller materiellen Prozesse. Unverständlich...

Multilevel models are widely used in education and social science research. However, the effects of omitting levels of the hierarchy on the variance decomposition and the clustering effects have not been well documented. This paper discusses how omitting one level in three-level models affects...

In this paper we want to discuss macroscopic and microscopic properties of financial markets. By analyzing quantitatively a database consisting of 13 minute per minute recorded financial time series, we identify some macroscopic statistical properties of the corresponding markets, with a special...