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Field Evidence on Individual Behavior & Performance in Rank-Order Tournaments
Competition Behavior Rank and Position Performance Cognition and Thinking
2015/4/27
Economic analysis of rank-order tournaments has shown that intensified competition leads to declining performance. Empirical research demonstrates that individuals in tournament-type contests perform ...
As the pricing mechanism in more than half the world's financial markets, the limit order book has recently been the focus of a great deal of published literature in a wide range of disciplines. In th...
Exact and high order discretization schemes for Wishart processes and their affine extensions
Wishart processes affine processes exact simulation
2010/10/21
This work deals with the simulation of Wishart processes and affine diffusions on positive semidefinite matrices. To do so, we focus on the splitting of the infinitesimal generator, in order to use co...