Results 111 to 120 of about 7,361 (242)
Learning in the Limit: Income Inference from Credit Extensions
The Journal of Finance, Volume 81, Issue 5, Page 2729-2772, October 2026.ABSTRACT Combining a randomized controlled trial with administrative and survey data, this paper shows that credit limit extensions significantly increase total spending and income expectations. By controlling for changes in personal income expectations, the spending response to credit limit extensions weakens by approximately 30%.
XIAO YIN
wiley +1 more source
, 2022 Στην παρούσα πτυχιακή εργασία έγινε µία έρευνα σχετικά µε τα Martingales και τις εφαρμογές τους. Αρχικά, κάναμε µια επισκόπηση σε χρήσιµες έννοιες από την θεωρία Μέτρου και την θεωρία Πιθανοτήτων όπως, η σ-άλγεβρα, ο χώρος πιθανότητας και η δεσµευµένη ...
Αδάμ, Χαρίκλεια
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Statistical inference with exchangeability and martingales. [PDF]
Philos Trans A Math Phys Eng Sci, 2023 Holmes CC, Walker SG.
europepmc +1 more source
Random Carbon Tax Policy and Investment Into Emission Abatement Technologies
Mathematical Finance, Volume 36, Issue 4, Page 804-825, October 2026.ABSTRACT We analyze the problem of a profit‐maximizing electricity producer, subject to carbon taxes, who decides on investments into CO2$\rm CO_2$ abatement technologies. We assume that the carbon tax policy is random and that the investment in the abatement technology is divisible, irreversible, and subject to transaction costs.
Katia Colaneri +2 more
wiley +1 more source
A Model of Strategic Sustainable Investment
Mathematical Finance, Volume 36, Issue 4, Page 771-803, October 2026.ABSTRACT We study a problem of optimal irreversible investment and emission reduction formulated as a nonzero‐sum dynamic game between an investor with environmental preferences and a firm. The game is set in continuous‐time on an infinite‐time horizon.
Tiziano De Angelis +2 more
wiley +1 more source
Dam Management in the Era of Climate Change
Mathematical Finance, Volume 36, Issue 4, Page 870-895, October 2026.ABSTRACT Climate change has a dramatic impact, particularly by concentrating rainfall into a few short periods, interspersed with long dry spells. In this context, the role of dams is crucial. We consider the optimal control of a dam, where the water level must neither exceed a designated safety threshold nor fall below a minimum level to ensure ...
Cristina Di Girolami +3 more
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Lifting theorems for some clases of two parameter martingales [PDF]
, 1998 By means of nonstandard analysis we establish some lifting theorerms for two parameter stochastic processes, for two parameter martingales and for weak, strong and i-martingales.
Muñoz de Özak, Myriam
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ON THE GENERALIZATION OF N-PLE MARKOV PROCESSES [PDF]
Journal of Sciences, Islamic Republic of Iran, 1996 The notion of N-ple Markov process is defined in a quite general framework and it is shown that N-ple Markov processes-arel inear combinationso f some ...
doaj
Solar Energy Risks: Stochastic Radiation Modeling and Optimal Hedging Strategies
Mathematical Finance, Volume 36, Issue 4, Page 663-699, October 2026.ABSTRACT The growing integration of solar power into electricity markets increasingly demands advanced risk management tools to address the inherent variability of solar radiation and its interaction with electricity prices. This paper introduces a novel framework for modeling and pricing new financial instruments designed to link payoffs directly to ...
Silvia Romagnoli, Beniamino Sartini
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Methods and conversations in (post)modern thermodynamics
SciPost Physics Lecture NotesLecture notes after the doctoral school (Post)Modern Thermodynamics held at the University of Luxembourg, December 2022, 5-7, covering and advancing continuous-time Markov chains, network theory, stochastic thermodynamics, large deviations, deterministic
Francesco Avanzini, Massimo Bilancioni, Vasco Cavina, Sara Dal Cengio, Massimiliano Esposito, Gianmaria Falasco, Danilo Forastiere, Nahuel Freitas, Alberto Garilli, Pedro E. Harunari, Vivien Lecomte, Alexandre Lazarescu, Shesha G. Marehalli Srinivas, Charles Moslonka, Izaak Neri, Emanuele Penocchio, William D. Piñeros, Matteo Polettini, Adarsh Raghu, Paul Raux, Ken Sekimoto, Ariane Soret
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