Monetary, Subjective and Quantitative Approaches to Assess Urban Quality of Life and Pleasantness in Cities [PDF]
, 2013 The magnitude increase of Urban Quality of Life studies is directly connected with the increase of the urban population in the world. Urban Quality of Life is a hierarchical multi-attribute concept whose attributes can be defined and evaluated by ...
Acci, L.S. (Luca) d'
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A review of the dividend discount model: From deterministic to stochastic models [PDF]
, 2022 none2noThis chapter introduces a comprehensive overview of the dividend discount models, with a focus on the modeling of the dividend growth process. It starts with an introduction to the basic valuation model with some general aspects to consider when ...
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Factorising equity returns in an emerging market through exogenous shocks and capital flows [PDF]
, 2013 A technique from stochastic portfolio theory [Fernholz, 1998] is applied to analyse equity returns of Small, Mid and Large cap portfolios in an emerging market through periods of growth and regional crises, up to the onset of the global financial crisis.
Gebbie, Tim, Wilcox, Diane
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Interactions between financial and environmental networks in OECD countries [PDF]
, 2015 We analyse a multiplex of networks between OECD countries during the decade 2002-2010, which consists of five financial layers, given by foreign direct investment, equity securities, short-term, long-term and total debt securities, and five environmental
Gabbi, Giampaolo +4 more
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The impact of network inhomogeneities on contagion and system stability [PDF]
, 2012 This work extends the contagion model introduced by Nier et al. (2007) to inhomogeneous networks. We preserve the convenient description of a financial system by a sparsely parameterized random graph but add several relevant inhomogeneities, namely well ...
Hübsch, Arnd, Walther, Ursula
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'Ergodicity Economics' is Pseudoscience
, 2023 In a series of papers, Ole Peters and his collaborators claim that the 'conceptual basis of mainstream economic theory' is 'flawed' and that the approach they call 'ergodicity economics' gives 'reason to hope for a future economic science that is more ...
Toda, Alexis Akira
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FTX's downfall and Binance's consolidation: the fragility of Centralized Digital Finance [PDF]
, 2023 This paper investigates the causes of the FTX digital currency exchange's failure in November 2022. We identify the collapse of the Terra-Luna ecosystem as the pivotal event that triggered a significant decrease in the exchange's liquidity.
Aste, Tomaso +2 more
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Gauge symmetries and the Higgs mechanism in Quantum Finance
, 2023 By using the Hamiltonian formulation, we demonstrate that the Merton-Garman equation emerges naturally from the Black-Scholes equation after imposing invariance (symmetry) under local (gauge) transformations over changes in the stock price.
Arraut, Ivan
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A quantum mechanical model for the relationship between stock price and stock ownership
, 2012 The trade of a fixed stock can be regarded as the basic process that measures its momentary price. The stock price is exactly known only at the time of sale when the stock is between traders, that is, only in the case when the owner is unknown.
Cotfas, Liviu-Adrian
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The role of information in a two-traders market
, 2014 In a very simple stock market, made by only two \emph{initially equivalent} traders, we discuss how the information can affect the performance of the traders.
Bagarello, F., Haven, E.
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