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A new extension of a fractality concept in financial mathematics has been developed. We have introduced a new fractional Langevin-type stochastic differential equation that differs from the standard Langevin equation: (i) by replacing the first-order derivative with respect to time by the...
Persistent link: https://www.econbiz.de/10011060673
Persistent link: https://www.econbiz.de/10005558681
conclusion from the return analysis is that although some hedge fund strategies managed to beat the selected market indices … above average return relative to market indices in times of capital market crises. …
Persistent link: https://www.econbiz.de/10011194619
The aim of this study is to analyze investor response to different measures of pension plan performance. To do this, we implement a fixed effects panel data methodology corrected by heteroskedasticity, serial correlation and cross-sectional dependence, as proposed by Vogelsang...
Persistent link: https://www.econbiz.de/10010983172
This article addresses the issue of national and corporate competitiveness and its increase, presenting the factors and the mechanisms of its achievement, with a detailed case study on American Nautics SRL in Bucharest. This company managed to obtain a series of spectacular economic and...
Persistent link: https://www.econbiz.de/10011199839
-and-hold return. …
Persistent link: https://www.econbiz.de/10011205673
negative return during 2002, 2002, 2006 and 2007. …
Persistent link: https://www.econbiz.de/10010567118
In this paper we investigate whether specialist producers of Irish cereals were allocating land efficiently in a mean-variance sense during the 1993-2002 time period. We then expand the model to examine the potential implications on the land allocation decision of the 2002 EU Commission’s...
Persistent link: https://www.econbiz.de/10005656621
product and would like to return it. A clearly explained and generous return policy, then, will be welcome by the customers … increase cost due to increased likelihood of return. This paper develops a profit‐maximization model to obtain optimal policies … for price and the return policy in terms of certain market reaction parameters. It obtains jointly a number of managerial …
Persistent link: https://www.econbiz.de/10014793533
The risk of investment in schooling has largely been ignored. We assess thevariance in the rate of return by surveying … options. choosingparameters on basis of the very limited evidence. The distribution of rates of return appearspositively …
Persistent link: https://www.econbiz.de/10011257594