Results 41 to 50 of about 1,495,174 (299)
Deformed Exponentials and Applications to Finance
Entropy, 2013 We illustrate some financial applications of the Tsallis and Kaniadakis deformed exponential. The minimization of the corresponding deformed divergence is discussed as a criterion to select a pricing measure in the valuation problems of incomplete ...
Barbara Trivellato
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Stock Loans in Incomplete Markets [PDF]
Applied Mathematical Finance, 2013 A stock loan is a contract whereby a stockholder uses shares as collateral to borrow money from a bank or financial institution. In Xia and Zhou (2007), this contract is modeled as a perpetual American option with a time varying strike and analyzed in detail within a risk--neutral framework.
Matheus R. Grasselli, Cesar G. Velez
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Simple Market Structures are Incomplete
International Economic Review, 2023 ABSTRACT We propose a model of categorization in financial markets where states are defined by payoff‐relevant variables, but all securities are measurable with respect to strict subsets of these variables. This limits insurance against variable interactions: no combination of securities can compensate the absence of an instrument ...
Milán, Pau., Gierlinger, Johannes
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Advanced Materials, EarlyView.This review highlights the role of self‐assembled monolayers (SAMs) in perovskite solar cells, covering molecular engineering, multifunctional interface regulation, machine learning (ML) accelerated discovery, advanced device architectures, and pathways toward scalable fabrication and commercialization for high‐efficiency and stable single‐junction and
Asmat Ullah, Ying Luo, Stefaan De Wolf
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The Family as an Incomplete Annuities Market [PDF]
Journal of Political Economy, 1981 A new empirical study of the relation between money, nominal income, prices, and real output in postwar quarterly U.S. data rejects virtually all of the conclusions reached by Families provide individuals with risk sharing opportunities which may not otherwise be available.
Laurence J. Kotlikoff, Avia Spivak
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Advanced Materials Technologies, EarlyView.This review summarizes moisture‐adaptive strategies that enable triboelectric nanogenerators (TENGs) to operate across diverse moisture conditions. It examines moisture‐management methods, including exclusion, directional transport, removal, and utilization, with charge‐regulation approaches based on interfacial, dielectric, and structural engineering.
Junzhe Gan +4 more
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Comparing the Comparative Efficiency of System Marginal Price and Pay as Bid Auctions in Electricity Markets [PDF]
Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān, 2014 System marginal price auction and pay as bid auction are common auctions in electricity markets. The present article discusses the impacts of selecting between different common auctions in electricity markets (system marginal price auction and pay as bid
Jamshid Pajooyan +2 more
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Life Insurance and Annuity Demand under Hyperbolic Discounting
Risks, 2018 In this paper, we analyse and construct a lifetime utility maximisation model with hyperbolic discounting. Within the model, a number of assumptions are made: complete markets, actuarially fair life insurance/annuity is available, and investors have time-
Siqi Tang, Sachi Purcal, Jinhui Zhang
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Magnetically Actuated Microrobot for Drug Delivery: Current Progress and Challenges
Advanced Robotics Research, EarlyView.Magnetically actuated microrobots are reshaping targeted drug delivery through wireless propulsion, programmable materials, and localized therapeutic release. This review examines how fabrication, body material selection, structural architecture, loading mechanisms, and imaging‐guided control converge to enable microrobotic therapies while identifying ...
Yang Yang, David J. Cappelleri
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Off-farm employment, informal insurance, and agricultural labor hiring in incomplete markets
International Review of Economics & FinanceRural households pursuing mixed livelihood strategies, continue to hire agricultural labor even when farming generates limited or negative returns. This paper explains this apparent anomaly as a household labor-portfolio choice in incomplete markets and ...
Fushun Zhang +3 more
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