Results 81 to 90 of about 141,456 (190)
Bounding Rationality by Discounting Time [PDF]
, 2009 Consider a game where Alice generates an integer and Bob wins if he can factor that integer. Traditional game theory tells us that Bob will always win this game even though in practice Alice will win given our usual assumptions about the hardness of ...
Fortnow, Lance, Santhanam, Rahul
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, 2005 We introduce a bond portfolio management theory based on foundations similar to those of stock portfolio management. A general continuous-time zero-coupon market is considered.
Ekeland, Ivar, Taflin, Erik
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Certainty Equivalent in Capital Markets [PDF]
, 2003 We generalize the classical concept of a certainty equivalent to a model where an investor can trade on a capital market with several future trading dates.
Kruschwitz, Lutz, Löffler, Andreas
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An optimal investment consumption model for retirees with no health insurance
HeliyonRetirees meet a number of problems as they are growing older which needs persistent attention. Hence, without a doubt, the outcomes of the financial markets influence the choices that people make when nearing retirement.
Nelson Dzupire, John Mutepuwa
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Effciency and Equality in a Simple Model of Unemployment Insurance [PDF]
This paper describes the efficient allocation of consumption and work effort in an economy in which workers face idiosyncratic employment risk and considerations of moral hazard prevent full insurance.
Andrew Atkeson, Robert E. Lucas, Jr.
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, 2016 By analysing the restrictions that ensure the existence of capital market equilibrium, we show that the coefficient of relative risk aversion and the subjective discount factor cannot be high simultaneously as they are supposed to be to make the standard asset pricing consistent with financial stylised facts.
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Journal of Pharmacoeconomics and Pharmaceutical Management, 2018 Background: Cinnovex is a biosimilar form of intramuscular (IM) interferon beta-1a (IFNβ-1a) manufactured in Iran for management of multiple sclerosis (MS). The present study aimed to determine the cost-utility of Cinnovex versus Avonex for patients with
Rahil Sadat Shahtaheri +2 more
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The Micro-foundations of Intertemporal Price Discrimination [PDF]
This paper investigates the optimality of intertemporal price discrimination for a durable-good monopoly in a model where infinitely-lived households face an intertemporal budget constraint, and consume both durable goods and non-durable goods.
Winston T.H. Koh
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BMJ OpenObjectives The aim of this study was to evaluate the cost-effectiveness of trifluridine/tipiracil (FTD/TPI) for heavily pretreated metastatic gastric cancer from the perspective of the Chinese healthcare system.Designs Based on the overall survival and ...
Yuanyuan Zhang +5 more
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On welfare criteria and optimality in an endogenous growth model [PDF]
In this paper we explore the consequences for optimality of a social planner adopting two different welfare criteria. The framework of analysis is an OLG model with physical and human capital.
DEL REY, Elena +1 more
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