It's commonly known that the correlation between stocks increases during market turbulent periods. In this work we propose a modellization of this feature, viewed as a collective effect, rearranging a toy-model first proposed in 2001. Equities are modelled as quasi random walk variables, where...

The census enumerators' books for three counties in 1851 are utilized to explore the social standing of accountants in early-Victorian England. The objective is to illuminate sources of differential status within the occupation of accountancy and thereby enhance understandings of the problems of...

As a result of various social and economic factors, many historic townscapes in the United Kingdom and elsewhere have declined over the last half century. There have been many attempts throughout the world to revitalise such urban heritage areas, but the actual effectiveness of few of these...

Contemporary international trends and recent research based upon international integration theo ry suggest a tacit reunification strategy for divided nations. This theory emphasizes the creation of international and domestic background conditions conducive to collaboration and does not recom...

This paper uses a decision theoretic approach for updating a probability measure representing beliefs about an unknown parameter. A cumulative loss function is considered, which is the sum of two terms: one depends on the prior belief and the other one on further information obtained about the...