Now showing items 21-30 of 4140
Business Decisions and the Environment: Significance, Challenges, and Momentum of an Emerging Research Field
(2004)
Over the past four decades, the concept of corporate environmentalism was born and redefined through multiple iterations. Concurrent with this evolution in corporate practice has been the emergence of academic research ...
Optimal investment with derivative securities
(Springer-Verlag, 2005-10)
We consider an investor who maximizes expected exponential utility of terminal wealth, combining a static position in derivative securities with a traditional dynamic trading strategy in stocks. Our main result, obtained ...
Bargaining Power and Supply Base Diversification
(2009-12)
We examine a supply base diversification problem faced by a buyer who periodically holds auctions to award short term supply contracts among a cohort of suppliers (i.e., the supply base). To mitigate significant cost shocks ...
Investor Psychology and Security Market Under- and Overreactions
(Blackwell Publishers, Inc., 1998-12)
Momentum and House Price Growth In the U.S.: Anatomy Of a "Bubble"
(2009-01)
This paper analyzes the bubble in property values in the U.S. in the period from 1999 through 2005. We define a bubble as a regime shift characterized by a change in the properties of house price deviations from underlying ...
No Pain, No Gain: Market Reform, Unemployment, and Politics in Bulgaria
(2003-05-15)
In 1997, a new center-right government came to power in Bulgaria with a mandate to accelerate market reforms. By the time of the next elections in 2001, 75 percent of GDP was produced in the private sector, compared to 45 ...