We introduce here the first volume of Handbook of Game Theory and Industrial Organization: Theory, by L. C. Corchón and M. A. Marini (eds.), Edward Elgar, Cheltenam, UK and Northampton, MA, by describing its main aim and its basic structure.

This article is devoted to study the e¤ects of the S-periodical fractional di¤erencing filter (1-L^S)^Dt . To put this e¤ect in evidence, we have derived the periodic auto-covariance functions of two distinct univariate seasonally fractionally di¤erenced periodic models. A multivariate...

This book is about the construction of reality. The central aim of this study is to understand how gravity works and how it may be focused and manipulated. While I do not have an answer to this question, the discoveries along the way have been worth collecting into a single volume for future...

This paper studies the performance of a passive linear tuned mass damper on controlling motion of a floating wind turbine. Controlled and uncontrolled analytical models of the spar FWT is established using Newton’s second law and conservation of angular momentum theory. The aerodynamic,...

Absence-of-Arbitrage (AoA) is the basic assumption underpinning derivatives pricing theory. As part of the OTC derivatives market, the CDS market not only provides a vehicle for participants to hedge and speculate on the default risks of corporate and sovereign entities, it also reveals...

The 2007-09 financial crisis revealed that the investors in the financial market were more concerned about the future as opposed to the current capital adequacy for banks. Stress testing promises to complement the regulatory capital adequacy regimes, which assess a bank's current capital...

In this paper we study international linkages when forecasting unemployment rates in a sample of 24 OECD economies. We propose a Global Unemployment Factor (GUF) and test its predictive ability considering in-sample and out-of-sample exercises. Our main results indicate that the predictive...

We propose two tests for the equality of covariance matrices between two high-dimensional populations. One test is on the whole variance-covariance matrices, and the other is on offdiagonal sub-matrices which define the covariance between two non-overlapping segments of the high-dimensional...

This paper considers the problem of parameter estimation in a general class of semiparametric models when observations are subject to missingness at random. The semiparametric models allow for estimating functions that are non-smooth with respect to the parameter. We propose a nonparametric...

The conventional Wilcoxon/Mann-Whitney test can be invalid for comparing treatment effects in the presence of missing values or in observational studies. This is because the missingness of the outcomes or the participation in the treatments may depend on certain pre-treatment variables. We...