Results 101 to 110 of about 2,230,299 (390)
Behavioral Finance Option Pricing Formulas Consistent with Rational Dynamic Asset Pricing [PDF]
arXiv, 2017 We derive behavioral finance option pricing formulas consistent with the rational dynamic asset pricing theory. In the existing behavioral finance option pricing formulas, the price process of the representative agent is not a semimartingale, which leads to arbitrage opportunities for the option seller.
arxiv
Asset Pricing in an Imperfect World [PDF]
, 2014 In a model with no given probability measure, we consider asset pricing in the presence of frictions and other imperfections and characterize the property of coherent pricing, a notion related to (but much weaker than) the no arbitrage property. We show that prices are coherent if and only if the set of pricing measures is non empty, i.e. if pricing by
arxiv +1 more source
Econometric Asset Pricing Modelling [PDF]
SSRN Electronic Journal, 2008 Econometric Asset Pricing Modelling The purpose of this paper is to propose a general econometric approach to asset pricing modelling based on three main ingredients : (i) the historical discrete-time dynamics of the factor representing the information, (ii) the Stochastic Discount Factor (SDF), and (iii) the discrete-time risk-neutral (R.N.) factor ...
Henri Bertholon +4 more
openaire +6 more sources
Advanced Energy Materials, EarlyView.FeMn(NbTa)2O6‐columbite is a sustainable and high‐performance bifunctional electrocatalyst for anion exchange membrane water electrolyzers, comparable to benchmark catalysts. In situ XAS and DFT analysis show Fe/Mn sites exhibit higher OER activity due to reduced overpotentials and favorable O→OOH energetics. The Nb/Ta sites facilitate charge transfer,
Patrick M. Bacirhonde +17 more
wiley +1 more source
Option Pricing of Twin Assets [PDF]
arXiv, 2014 How to price and hedge claims on nontraded assets are becoming increasingly important matters in option pricing theory today. The most common practice to deal with these issues is to use another similar or "closely related" asset or index which is traded, for hedging purposes.
arxiv
Testing the asset pricing model of exchange rates with survey data [PDF]
This paper proposes a new test for the asset pricing model of the exchange rate. It examines whether the way market analysts generate their forecasts is closer to the one implied by the asset pricing model, or to any of those implied by some alternative ...
Naszodi, Anna
core +3 more sources
Analysts’ Forecasts and Asset Pricing: A Survey
, 2016 This survey reviews the literature on sell-side analysts’ forecasts and their implications for asset pricing. We review the literature on the supply and demand forces shaping analysts’ forecasting decisions as well as on the implications of the ...
S. Kothari, Eric So, Rodrigo Verdi
semanticscholar +1 more source
Enhancing Cycle Life in Superoxide‐Based Na–O2 Batteries by Reducing Interface Reactivity
Advanced Energy Materials, EarlyView.A new sodium–oxygen (Na–O2) battery is designed with highly active vanadium phosphide (VP) nanoparticles as a catalyst, an ether/ionic liquid‐based electrolyte, and an effective sodium bromide (NaBr) anode protection layer. This designed Na–O2 cell that produces NaO2 is able to reduce the interfacial reactivity between cell materials and the product to
Adel Azaribeni +14 more
wiley +1 more source
Identifying outliers in asset pricing data with a new weighted forward search estimator
Revista Contabilidade & Finanças, 2020 The purpose of this work is to present the Weighted Forward Search (FSW) method for the detection of outliers in asset pricing data. This new estimator, which is based on an algorithm that downweights the most anomalous observations of the dataset, is ...
Alexandre Aronne +2 more
doaj +2 more sources
Asset Pricing - A Brief Review [PDF]
I first introduce the early-stage and modern classical asset pricing and portfolio theories. These include: the capital asset pricing model (CAPM), the arbitrage pricing theory (APT), the consumption capital asset pricing model (CCAPM), the intertemporal
Li, Minqiang
core +1 more source