This paper considers the measurement of the equity risk premium in financial markets from a new perspective that picks up on a suggestion from Merton (1980) to use implied volatility of options on a market portfolio as a ...
Cheng, S; Zhou, J; Ji, Jc(IOP PUBLISHING LTD, 2011)
This paper studies the infinite-time and finite-time synchronization of coupled harmonic oscillators with distributed protocol in the scenarios with and without a leader. In the absence of a leader, the convergence conditions ...
Winter's measurement compression theorem stands as one of the most penetrating insights of quantum information theory. In addition to making an original and profound statement about measurement in quantum theory, it also ...
Large discrepancies exist among current classical theories for the in-plane buckling of arches that are subjected to a constant-directed radial load uniformly distributed around the arch axis. Discrepancies also exist ...
This paper presents an input-dependent neural network (IDNN) with variable parameters. The parameters of the neurons in the hidden nodes adapt to changes of the input environment, so that different test input sets separately ...
This paper considers a class of Lur'e descriptor systems (LDS) subject to exogenous disturbances. The concept of input-to-state stability (ISS) is generalized to descriptor systems. Such a notion characterizes the robust ...
An integral tree is a tree whose adjacency matrix has only integer eigenvalues. While most previous work by other authors has been focused either on the very restricted case of balanced trees or on finding trees with ...
This paper investigates two variants of a Keynesian model of monetary growth with sluggish price and quantity adjustments. The first model integrates the real growth dynamics of Rose's employment cycle, an inflationary ...
The teratogenicity of maternal epilepsy has been attributed to several factors, including the antiepileptic drugs taken to prevent seizures during pregnancy, the occurrence of seizures during pregnancy, and the factors in ...
Customer classification is one of the major tasks in customer relationship management. Customers often have both static characteristics and dynamic behavioral features. Using both kinds of data to conduct comprehensive ...
Thornton, Barry; Thornton-Benko, Elysia; Groen, Layna(Institute of Biophysics and Biomedical Engineering, 2011)
The recent April 2011 meeting of the G20 countries considered possible development of a global early warning system to avoid any future financial crisis. Psycho-economic factors are strong drivers of greed, fear and ...
Geweke, John(Elsevier Science Publishers B. V., 2007)
Abstract: The mixture model likelihood function is invariant with respect to permutation of the components of the mixture. If functions of interest are permutation sensitive, as in classification applications, then ...
Abstract: The use of the likelihood ratio statistic in testing the goodness of fit of the exploratory factor model has no formal justification when, as is often the case in practice, the usual regularity conditions are not ...
The value of a census cannot be overstated, given that no other data resource provided such detailed information about the population. Further, censuses are often the only historical data source to map out chenge over time ...
In this paper I analyze investors? reactions to changes in the expense ratios of equity mutual funds. I show that investment ?ows? response to fees cannot be fully explained by looking at investors? performance sensitivity. ...
In this paper I analyze investors' reactions to changes in the expense ratios of equity mutual funds. I show that investment flows' response to fees cannot be fully explained by looking at investors' performance sensitivity. ...
Saito, Renata; Brito-Neto, Jose; Lopes, Fernando; Blanes, Lucas; Costa, Eric; Vidal, Denis; Hotta, Guilherme; Do Lago, Claudimir(Royal Society of Chemistry, 2010)
Although H+ and OH are the most common ions in aqueous media, they are not usually observable in capillary electrophoresis (CE) experiments, because of the extensive use of buffer solutions as the background electrolyte. ...
Single-product oligopolies are examined with uncertain isoelastic price functions and linear cost functions. Each firm wants to maximize its expected profit and also wants to minimize its uncertainty by minimizing the ...