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Planning and Timing and Scale of Lumpy Investments
The recent crisis and the following flight to simplicity put most derivative businesses around the world under considerable pressure. We argue that the traditional mod- eling techniques must be exte...
In this paper, we discuss the Cram\'er-Lundberg model with investments, where the price of the invested risk asset follows a geometric Brownian motion with drift $a$ and volatility $\sigma> 0.$ By as...
In Japan, there has been recent notable growth in the percentage of investments made by venture capitalists (VCists) in new technology-based firms (NTBFs) , as well as an increase in the active involv...
The aim of this work is to extend the capital growth theory devel-oped by Kelly, Breiman, Cover and others to asset market models with transaction costs. We define a natural generalization of the noti...
We consider an insurance company in the case when the premium rate is a bounded non-negative random function $c_\zs{t}$ and the capital of the insurance company is invested in a risky asset whose pri...
主讲人 Zhigang Li University of Hong Kong 题目 Measuring the Social Return to Infrastructure Investments Using Interregional Price Gaps: A Natural Experiment Curriculum Vita Name: Zhiga...

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