Weekly Top 5 Papers â December 5, 2016
1. Searching for Justice Scalia: Measuring the âScalia-nessâ of the Next Potential Member of the U.S. Supreme Court by Jeremy Kidd (Mercer University â Walter F. George School of Law) and...
View ArticleMulti-Purpose Binomial Model: Fitting all Moments to the Underlying Geometric...
We construct a binomial tree model fitting all moments to the approximated geometric Brownian motion. Our construction generalizes the classical Cox-Ross-Rubinstein, the Jarrow-Rudd, and the Tian...
View ArticleStability of calibration procedures: fractals in the Black-Scholes model....
Usually, in the Black-Scholes pricing theory the volatility is a positive real parameter. Here we explore what happens if it is allowed to be a complex number. The function for pricing a European...
View ArticleUniversal Exponential Structure of Income Inequality: Evidence from 60...
Economic competition between humans leads to income inequality, but, so far, there has been little understanding of underlying quantitative mechanisms governing such a collective behavior. We analyze...
View ArticleZara: Can Competitors Match Its Fast Fashion Model?
Patricia Kowsmann wrote a terrific article about Zara today. Zara, as many of you know, is a highly successful Spanish apparel retailer. In the article Kowsmann explains how quickly Zara can bring a...
View ArticleSocGen's 'Most Worrying Chart' Shows Markets Still Shrugging Off Political Risk
2016's Political upheaval & policy uncertainty have left little impression on corp. bond market & SocGen is nervous https://t.co/nmjf0hJuhJ â moneyscienceâ¦
View ArticleAn Effective Fix for Bored, Disengaged Employees
Chief Learning Officer magazine reported this week on a study by Udemy about boredom and disengagement in the workplace. The study found that 43% of respondents were bored at work. 80% believed...
View ArticleInsider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics
Insider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics: "Ruling in its first insider-trading case in two decades, the justices unanimously said that people can be sent to prison...
View ArticleBoeing Sweats Under Trump Spotlight as SoftBank Feels Warmth - Bloomberg...
Boeing Sweats Under Trump Spotlight as SoftBank Feels Warmth - Bloomberg Politics: "This is extraordinary,â said Mohan Tatikonda, a professor at Indiana Universityâs Kelley School of Business....
View ArticleGame options with gradual exercise and cancellation under proportional...
Game (Israeli) options in a multi-asset market model with proportional transaction costs are studied in the case when the buyer is allowed to exercise the option and the seller has the right to cancel...
View ArticleFinancial market with no riskless (safe) asset. (arXiv:1612.02112v1 [q-fin.MF])
We study markets with no riskless (safe) asset. We derive the corresponding Black-Scholes-Merton option pricing equations for markets where there are only risky assets which have the following price...
View ArticleImpossible Inference in Econometrics: Theory and Applications to Regression...
This paper presents necessary and sufficient conditions for tests to have trivial power. By inverting these impractical tests, we demonstrate that the bounded confidence regions have error probability...
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Managing Customer Experience and Relationships: A Strategic Framework, 3rd...
Managing Customer Experience and Relationships, Third Edition positions the customer as central to long-term strategy, and provides essential guidance toward optimizing that relationship for the long...
View ArticleErnst & Young Tax Guide 2017
The EY Tax Guide 2017 is the American taxpayer's essential companion, providing the answers you need alongside trusted advice from EY professionals and turning filing your taxes into a simple process....
View Articlehttps://t.co/IjAVtqJtu0
Hedge Fund Manager connected through com- mon employment show correlated portfolio construction & trading behavior https://t.co/IjAVtqJtu0 â moneyscienceâ¦
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