We establish the existence and uniqueness of the equilibrium for a stochastic mean-field game of optimal investment. The analysis covers both finite and infinite time horizons, and the mean-field interaction of the representative company with a mass of identical and indistinguishable firms is...

We study the problem of optimal investment in brown (carbon-intensive) production amid climate change and the impact of rising global temperatures. Our approach is based on a mean-field model of firms that produce goods whose productivity is adversely affected by temperature-related damages,...

We study the problem of optimal investment in brown (carbon-intensive) production amid climate change and the impact of rising global temperatures. Our approach is based on a mean-field model of firms that produce goods whose productivity is adversely affected by temperature-related damages,...

We establish the existence and uniqueness of the equilibrium for a stochastic mean-field game of optimal investment. The analysis covers both finite and infinite time horizons, and the mean-field interaction of the representative company with a mass of identical and indistinguishable firms is...

This paper reports results from controlled laboratory experiments on the Laffer curve and explores the productivity differences under the strategy method and the direct method. The data collected in Pakistan show no significant productivity difference across the two methods. The paper argues...

The IASB and the FASB are currently proposing that cash flow statements under the direct method be mandatory for all firms under the harmonized cash flow reporting requirements. The study investigates which cash flow reporting method is perceived as being more useful among users in Mauritius....

Following the proposals about the new IFRS that would replace the existing standards on financial statement presentation in IFRSs, IAS 1 Presentation of Financial Statements and IAS 7 Statement of Cash Flows, we conduct an empirical study on the opinions regarding the format of the cash flow...

Annual financial statement users want the best possible information about the ability of economic agents to make payments, liquidity needs, as well as for comparing different company’s results, eliminating the impact of using different accounting methods for similar transactions. For this...

This paper establishes a clear procedure for the variational problem solution via Haar wavelet technique. The variational problems are solved by means of the direct method using the Haar wavelets and reduced to the solution of algebraic equations. The local property of Haar wavelets is fully...