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When Should Sellers Use Auctions?
Auctions Entry Selection Mechanism Design Mergers and Acquisitions
2015/9/24
A bidding process can be organized so that offers are submitted simultaneously orsequentially. In the latter case, potential buyers can condition their behavior on previous entrants’ decisions. The re...
When do improved covariance matrix estimators enhance portfolio optimization? An empirical comparative study of nine estimators
covariance matrix nine estimators portfolio optimization
2010/4/28
The use of improved covariance matrix estimators as an alternative to the sample estimator is considered an important approach for enhancing portfolio optimization. Here we empirically compare the per...