Recently financial econometricians have shifted their attention from point and interval forecasts to density forecasts mainly to address the issue of the huge loss of information that results from depicting portfolio risk by a measure of dispersion alone. One of the major problems in this area...

Informacija ir žinios – tai vis dažniau XXI informacijos amžiuje vartojamos sąvokos. Monografijoje nagrinėjama efektyvaus kompanijų valdymo problematika informacijos amžiuje, kuriame konkurencingumą daugiausia lemia žiniomis pagrįsta ekonomika. Informacijos reikšmę ir svarbą...

Purpose – As globalisation makes supply networks more complex, the risk of material disruptions increases. Many factors have been considered as affecting the reliability of supply networks. However, no empirical research has been carried out to assess and evaluate the impact of each of these...

This paper applies the methodology of real options for valuing firms that for any reason are subject to a possible expropriation. In the development of this research is added to the valuation by discounted cash flows the value of the premium which shareholders would receive as compensation for...

Two sets of issues loom large on the economic horizon of Malawi: poverty alleviation and the country's vulnerability to shocks emanating from the outside world. In this paper, simulations with a Computable General Equilibrium (CGE) model of Malawi are used to analyze aspects of these issues. Two...