Super-replication with fixed transaction costs [PDF]
We study super--replication of contingent claims in markets with fixed transaction costs. This can be viewed as a stochastic impulse control problem with a terminal state constraint. The first result in this paper reveals that in reasonable continuous time financial market models the super--replication price is prohibitively costly and leads to trivial
Peter Bank, Yan Dolinsky
exaly +5 more sources
Fixed-Cost Pooling Strategies [PDF]
The empirical nature of Information Retrieval (IR) mandates strong experimental practices. A keystone of such experimental practices is the Cranfield evaluation paradigm. Within this paradigm, the collection of relevance judgments has been the subject of intense scientific investigation.
Aldo Lipani +3 more
openaire +5 more sources
Accelerator for Agglomeration in Sequencing Economics: “Leased” Industrial Zones
This paper identifies the importance of reducing fixed costs for establishing industrial zones as part of an agglomeration policy. China’s economic growth has been driven by the agglomeration of manufacturing firms via industrial zones that attract ...
Akifumi Kuchiki
doaj +1 more source
‘FLEXIBLE’ BUDGETS ARE ALREADY BUDGETING PROCESS ANALYSIS OF PRODUCTION COSTS FOR OIL AND FAT ENTERPRISES [PDF]
The problems of methodological fundamentals of managerial accounting of manufacturing costs in information provision for budgeting, not only at the enterprise level, but also as it is required by current conditions of advanced control, in the context of ...
V. Shvetz’, E. Mykhalska
doaj +1 more source
Asymptotics for Fixed Transaction Costs [PDF]
An investor with constant relative risk aversion trades a safe and several risky assets with constant investment opportunities. For a small fixed transaction cost, levied on each trade regardless of its size, we explicitly determine the leading-order corrections to the frictionless value function and optimal policy.
Albert Altarovici +2 more
openaire +3 more sources
Raising Rivals’ Fixed Costs [PDF]
This article demonstrates that raising fixed costs can serve as a credible mechanism for a well placed firm to exclude its rivals. We identify a number of credible avenues, such as increased regulation, vexatious litigation and increased prices for essential inputs, through which such a firm can raise fixed costs.
Hviid, Morten, Olczak, Matthew
openaire +4 more sources
Investigating of the Impact of Selling, General, and Administrative Costs Behavior on Future Profitability [PDF]
In the fundamental analysis, it is claimed that an increase in the ratio of selling, general, and administrative costs to sales (SG&A) represents management inefficiency in controlling costs and could be interpreted as negative signal about future ...
Hamid Haghighat +1 more
doaj +1 more source
GENERATION OF INFORMATION FOR MANAGEMENT DECISIONS BASED ON COST BEHAVIOUR ANALYSIS
The article carries out a critical analysis of management information needs for information generation for operational and strategic management decisions.
G. A. Adamova
doaj +1 more source
Impact of The Cost Structure on The Financial Performance in Light of The Application of Cloud Computing Systems in the Palestinian Electricity Companies [PDF]
This research aims to test the impact of the cost structure on financial performance in light of the application of cloud computing systems in the Palestinian electricity companies, during the period 2009 at 2020.
AlaaEldin Z. Albaja
doaj +1 more source
A general equilibrium analysis of food industry considering the food quality
By establishing a dynamic equilibrium model, the paper analyses the equilibrium of the food industry and the equilibrium about the food quality as well as quantity is achieved. Firstly, the study examines the effects of competitions on the price, outputs,
Pu-Yan NIE, You-Hua CHEN
doaj +1 more source

