Results 91 to 100 of about 87,733 (349)
Strategic Management Journal, EarlyView.Abstract Research Summary This study investigates an under‐explored cost of operating in pollution havens: the pollution‐induced operational cost, or the increased labor costs and material supply constraints resulting from host countries' environmental pollution.
Juan Bu, Aurora Genin
wiley +1 more source
Sources of financial synchronism: Arbitrage theory and the promise of risk-free profit
Finance and Society, 2018 This article argues that the temporality of the financial economy ought to be seen as radically synchronistic. ‘Synchronism’ refers to both an epistemological and practical approach that addresses finance neither with a view to the past nor to the future,
Andreas Langenohl
doaj +1 more source
Central bank intervention with limited arbitrage [PDF]
Shleifer and Vishny (1997) pointed out some of the practical and theoretical problems associated with assuming that rational risk-arbitrage would quickly drive asset prices back to long-run equilibrium.
Christopher J. Neely, Paul A. Weller
core
Identification of electricity spot models by using convolution particle filter [PDF]
, 2011 We consider a slight perturbation of the Schwartz-Smith model for the electricity futures prices and the resulting modied spot model. Using the martingale property of the modied price under the risk neutral measure, we derive the arbitrage free model for
Aihara, ShinIchi +2 more
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Arbitrage-Free Pricing Before and Beyond Probabilities
, 2013 "Fundamental theorem of asset pricing" roughly states that absence of arbitrage opportunity in a market is equivalent to the existence of a risk-neutral probability. We give a simple counterexample to this oversimplified statement.
Paulot, Louis
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International Journal of Urban and Regional Research, EarlyView.Abstract What happens when venture capitalists try to reinvent housing in their own image? Synonymous with the rise of Big Tech, venture capitalists (VCs) are asset managers that invest in early‐stage companies, pursuing aggressive growth and market domination. Since the 2008 financial crisis, VCs have poured huge sums into real estate start‐ups.
Tim White
wiley +1 more source
Entropic Dynamics of Stocks and European Options
Entropy, 2019 We develop an entropic framework to model the dynamics of stocks and European Options. Entropic inference is an inductive inference framework equipped with proper tools to handle situations where incomplete information is available.
Mohammad Abedi, Daniel Bartolomeo
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DAX Index Futures: Mispricing and Arbitrage in German Markets [PDF]
, 2010 The paper reports the results of an empirical study of the price relation between the German Performance Stock Index, DAX, and DAX futures. An ex-ante arbitrage strategy based on arbitrage signals is analyzed.
Bühler, Wolfgang, Kempf, Alexander
core
Journal of Accounting Research, EarlyView.ABSTRACT We study how foreign investors’ access to corporate information varies with pairwise geopolitical tensions between the investor's and investee's countries. Using a sample of 1,760 country‐pairs, we find that geopolitical tensions between a conference call host firm's country and a foreign country relate negatively with investor participation ...
YIFEI LU +2 more
wiley +1 more source