Results 231 to 240 of about 177,680 (311)

Industry Exposure to Artificial Intelligence, Board Network Heterogeneity, and Firm Idiosyncratic Risk

open access: yesJournal of Management Studies, EarlyView.
Abstract Despite the growing impact of artificial intelligence (AI) in business, there is little research examining its effects on firm idiosyncratic risk (IR). This is an important issue for boards: as key conduits of firm–environment information flows via board interlock networks, traditional risk oversight functions are being increasingly augmented ...
Kerry Hudson, Robert E. Morgan
wiley   +1 more source

Markov Determinantal Point Process for Dynamic Random Sets

open access: yesJournal of Time Series Analysis, EarlyView.
ABSTRACT The Law of Determinantal Point Process (LDPP) is a flexible parametric family of distributions over random sets defined on a finite state space, or equivalently over multivariate binary variables. The aim of this paper is to introduce Markov processes of random sets within the LDPP framework. We show that, when the pairwise distribution of two
Christian Gouriéroux, Yang Lu
wiley   +1 more source

Sequential Detector Statistics for Speculative Bubbles

open access: yesJournal of Time Series Analysis, EarlyView.
ABSTRACT We propose a heteroskedasticity‐robust locally best invariant (LBI) statistic to test the hypothesis of a unit root against the alternative of an explosive root associated with speculative bubbles. Compared to existing alternatives such as Dickey‐Fuller type tests, the LBI statistic has a standard limiting distribution and greater power ...
Jörg Breitung, Max Diegel
wiley   +1 more source

Parametric matrix models. [PDF]

open access: yesNat Commun
Cook P   +4 more
europepmc   +1 more source

Optimal Liquidation With Signals: The General Propagator Case

open access: yesMathematical Finance, EarlyView.
ABSTRACT We consider a class of optimal liquidation problems where the agent's transactions create transient price impact driven by a Volterra‐type propagator along with temporary price impact. We formulate these problems as maximization of a revenue‐risk functionals, where the agent also exploits available information on a progressively measurable ...
Eduardo Abi Jaber, Eyal Neuman
wiley   +1 more source

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