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The volatility analysis of stock returns data is paramount in financial studies. We investigate the dynamics of volatility and randomness of the Pakistan Stock Exchange (PSX-100) and obtain insights into the behavior of investors during and before the coronavirus disease (COVID-19 pandemic). The...
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aversion is difficult to quantify, it is preferable to use the MaxEnt model as a quantitative benchmark in assessing and … of the production risk based on the MaxEnt model utilization makes it possible to evaluate the production risk and the …
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Quantifying and mapping the relevant landscape attributes of winescape is difficult due to both the complex identity characterization of the places and the multidimensionality of the pursued perceptive experience on the emotional level. Although the quality of the rural landscape is recognized...
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I entertain a generalization of the standard Bolzmann-Gibbs-Shannon measure of entropy in multiplier preferences of model uncertainty. Using this measure, I derive a generalized exponential certainty equivalent, which nests the exponential certainty equivalent of the standard Hansen-Sargent...
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