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This study takes a contingent perspective regarding the relationships among a firm's technological search depth, the characteristics of its knowledge, and its product innovation performance. While a firm's search patterns directly influence innovative output, their effectiveness is moderated by...
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Variable annuities, as a class of retirement income products, allow equity market exposure for a policyholder's retirement fund with electable additional guarantees to limit the downside risk of the market. Management fees and guarantee insurance fees are charged respectively for the market...
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A major problem in financial engineering is investing on financial markets for long horizons. At infinite horizons, dynamic versions of the Kelly strategy are mathematically certain to maximize growth, such that these growth-optimal portfolios outperform all other investment strategies. This...
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