This article contributes to the emerging stream of corporate carbon emission research, which zooms in on CEOs' responsibility in organizations' strategic decision-making. This investigation offers new knowledge of how a CEO's regulatory focus can shape whether firms reduce their carbon...

Background: The introduction of the European Working Time Directive (EWTD) has greatly reduced training hours of surgical residents, which translates into 30% less surgical and clinical experience. Such a dramatic drop in attendance has serious implications such compromised quality of medical...

In this work we use the Parsimonious Multi–Asset Heston model recently developed in [Dimitroff et al., 2009] at Fraunhofer ITWM, Department Financial Mathematics, Kaiserslautern (Germany) and apply it to Quanto options. We give a summary of the model and its calibration scheme. A suitable...

A model for residual demand is proposed, which extends structural electricity price models to account for renewable infeed in the market. Infeed from wind and solar is modelled explicitly and withdrawn from total demand. The methodology separates the impact of weather and capacity. Efficiency is...

The COVID-19 pandemic interrupts the relatively steady trend of improving longevity observed in many countries over the last decades. We claim that this needs to be addressed explicitly in many mortality modeling applications, for example in the life insurance industry. To support this position,...

In this work, the radiation responses of Zr/Nb nanostructured metallic multilayers are studied. The nanostructures with different layer thicknesses were deposited on Si (1 0 0) substrate by using magnetron sputtering and are subjected to heavy-ion irradiation with different fluences....

Mortality shocks such as the one induced by the COVID-19 pandemic have substantial impact on mortality models. We describe how to deal with them in the period effect of the Lee-Carter model. The main idea is to not rely on the usual normal distribution assumption as it is not always justified....