Locuirea reprezintă un aspect fundamental al societăţii moderne, un indicator al nivelului de trai şi al prosperităţii, care este influenţat de o multitudine de factori economici, sociali, de mediu etc. De asemenea, locuirea reprezintă elementul central al multor politici regionale sau...

The R package DEoptim implements the differential evolution algorithm. This algorithm is an evolutionary technique similar to genetic algorithms that is useful for the solution of global optimization problems. In this note we provide an introduction to the package and demonstrate its utility for...

The R package DEoptim implements the differential evolution algorithm. This algorithm is an evolutionary technique similar to genetic algorithms that is useful for the solution of global optimization problems. In this note we provide an introduction to the package and demonstrate its utility for...

This paper constructs an alternative investment strategy to portfolio optimization model in the framework of the Mean–Variance portfolio selection model. To differentiate it from the ubiquitously applied Mean–Variance model, which is constructed on an assumption that returns are normally...

This paper presents a forward looking model for selection of hedge fund investment strategies. Given excess skewness observed in hedge funds’ return distributions, we assume that the historical return distribution is a skewed student t distribution. We implement a Bayesian framework to derive...

Modern performance measures differ from the classical ones since they assess the performance against a benchmark and usually account for asymmetry in return distributions. The Omega ratio is one of these measures. Until recently, limited research has addressed the optimization of the Omega ratio...

Financial freedom is generally understood as state to do anything whenever you want. Financial well being brings lot of direct benefits like mental peace and capability to help others financially. Gender equality is new development of last few decades and one sees women in various roles,...

Housing is a fundamental aspect of modern society, an indicator of standard of living and prosperity, which is influenced by a multitude of economic, social, environmental factors. Also, housing is the core-element of many regional and urban policies, national, regional or communitarian funded....

Despite the theoretical predictions that multiple equilibria exist in urban spatial structure, there remains a dearth of related empirical literature. This study adopts the 1995 Hanshin earthquake, which devastated the major city of Kobe (Japan), as a natural experiment to investigate the...

The article presents the author's model of pricing at the housing market. Economic indicators according to which the analysis should be carried out are defined in this article. The analysis of prices at the housing market of CIS countries on the example of Moscow in the post-Soviet period is...