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A profitability index for alternative research projects

Omega, 1976
Abstract Success in research is supposed to be achieved by success in just one of a number of alternative research projects. The problem is investigated on how to allocate research effort to minimise the expected cost to success. The optimal strategy is determined by a profitability index attached to each project.
K. Glazebrook
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Arbitrage Strategy Based on Arbitrage Profitability Index

2009 First International Workshop on Education Technology and Computer Science, 2009
Concerning the arbitrage strategies to the multiple-period case, there is still far little research works. In this short note, arbitrage size and arbitrage profitability index (API) for a class of multi-period arbitrages are introduced. Then the arbitrage strategy based on the API is investigated and applied to the treasury bonds arbitrage.
Shuhong Fang
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