Similar Search Results

On the Damodaran estimator of price adjustment coefficients

Säfvenblad, Patrik - 1997

Persistent link: https://www.econbiz.de/10000976835

Testing for unit roots in nonlinear dynamic heterogeneous panels

He, Changli (contributor); Sandberg, Rickard (contributor) - 2005 - [Elektronische Ressource]

In this paper we present a unit root test against a nonlinear dynamic heterogenous panel with each cross section modelled as an LSTAR model. All parameters are viewed as cross section specific. We allow for serially correlated residuals over time and heterogenous variance among cross sections....

Persistent link: https://www.econbiz.de/10002595402

Learning to be prepared

Kets, Willemien (contributor); Voorneveld, Mark (contributor) - 2005 - [Elektronische Ressource]

certain modes of behavior due to learning by doing. This paper provides discrete-time adjustment processes for strategic games … beliefs supported by observed play in the recent past, in line with much of the literature on learning. These processes … eventually settle down in the minimal prep sets of Voorneveld (2004, 2005). -- adjustment ; learning ; minimal prep sets …

Persistent link: https://www.econbiz.de/10002640702

Information updating and insurance dropout : evidence from dental insurance

Grönqvist, Erik (contributor) - 2004 - [Elektronische Ressource]

. -- Asymmetric Information ; Adverse Selection ; Learning ; Health Insurance …

Persistent link: https://www.econbiz.de/10002570047

Gain, loss, and asset pricing : it is much easier ; a note

Rodríguez Longarela, Iñaki (contributor) - 2000 - [Elektronische Ressource], Rev. October 18, 2000

Bernardo and Ledoit (2000) develop a very appealing framework to compute pricing bounds based on the so-called gain-loss ratio. Their method has many advantages and very interesting properties and so far one important drawback: the complexity of the numerical computation of the pricing bounds....

Persistent link: https://www.econbiz.de/10001600011

On the use of numeraires in option pricing

Benninga, Simon (contributor); Björk, Tomas (contributor); … - 2001 - [Elektronische Ressource]

In this paper we discuss the significant computational simplification that occurs when option pricing is approached through the change of numeraire technique. The original impetus was a recently published paper (Hoang, Powell, Shi 1999) on endowment options; in the present paper we extend these...

Persistent link: https://www.econbiz.de/10001638113