We present a method for representing, recording and managing conceptualization uncertainty. We review components of uncertainty associated with semantics and metadata. We present a way of recording and visualizing uncertainty using sketching and suggest a framework for recording and managing...

Techniques and issues for the characterisation of an object-field representation that includes notions of semantics and uncertainty are detailed. The purpose of this model is to allow users to capture objects in field with internally variable levels of uncertainty, to visualize users'...

We show that under a dynamic information acquisition process, a risk averse investor's unconditional expected optimal quantity of information and investment amount are higher than those under the corresponding static information acquisition process. However, when the initial belief of the...

As organizations are increasingly engaged in the digital world with greater dependency on data, crime and activism have shifted from the streets to the internet. In this paper, we study the impact of activist hacking campaigns on financial institutions. We look into how target institutions’...

In this paper we propose a new security, the Call Option Enhanced Reverse Convertible (COERC). The security is a form of contingent capital, i.e. a bond that converts to equity when the market value of equity or capital falls below a certain trigger. The conversion price is set significantly...

This paper introduces, analyzes, and values a new form of contingent convertible (CoCo), a Call Option Enhanced Reverse Convertible (COERC). Issued as a bond, it converts to new shareholders' equity if a bank's market value of capital falls below a pre-specified trigger. The COERC avoids the...

"This paper presents a dynamic model of a public pension fund's choice of portfolio risk. Optimal portfolio allocations are derived when pension fund management maximize the utility of wealth of a representative taxpayer or when pension fund management maximize their own utility of compensation....