Insider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics
Insider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics: "Ruling in its first insider-trading case in two decades, the justices unanimously said that people can be sent to prison...
View ArticleQuantum Econophysics. (arXiv:physics/0609245v3 [physics.soc-ph] UPDATED)
The relationships between game theory and quantum mechanics let us propose certain quantization relationships through which we could describe and understand not only quantum but also classical,...
View ArticleThe Why of the Applicability of Statistical Physics to Economics....
We analyze the relationships between game theory and quantum mechanics and the extensions to statistical physics and information theory. We use certain quantization relationships to assign quantum...
View ArticleParameter uncertainty and reserve risk under Solvency II. (arXiv:1612.03066v1...
In this article we consider the parameter risk in the context of internal modelling of the reserve risk under Solvency II. read more...
View ArticleEarly exercise decision in American options with dividends, stochastic...
Using a fast numerical technique, we investigate a large database of investor suboptimal non-exercise of short maturity American call options on dividend-paying stocks listed on the Dow Jones. The...
View ArticleRisk averse fractional trading using the current drawdown....
In this paper the fractional trading ansatz of money management is reconsidered with special attention to chance and risk parts in the goal function of the related optimization problem. By changing the...
View ArticleA hot new hedge fund is based on smart computers picking off dumb ones
Manoj Narang on his new $1bn hedge fund "I think we're at the cusp of a new renaissance in statistical arbitrage" https://t.co/3jdmMIHJ3l — moneyscience…
View ArticleDeutsche Bank suspends interest-rate trader for using WhatsApp
A Deutsche Bank rates trader has been suspended after asking a trading counterparty to join a WhatsApp group https://t.co/nO7sONaczB — moneyscience…
View ArticleProf. Steve Keen on private debt and his solution peopleâs QE
I’ve had some tough interviews over the years (such as the BBC HARDtalk! interview earlier this year with Stephen Sackur), but I’d have to credit the student interviewers at the University of...
View ArticleElections, Ideology, and Turnover in the U.S. Federal Government -- by...
A defining feature of public sector employment is the regular change in elected leadership. Yet, we know little about how elections influence public sector careers. We describe how elections alter...
View ArticleFrom Proof of Concept to Scalable Policies: Challenges and Solutions, with an...
The promise of randomized controlled trials (RCTs) is that evidence gathered through the evaluation of a specific program helps us--possibly after several rounds of fine-tuning and multiple...
View ArticleFDI and Inequality in Vietnam: An Approach with Census Data -- by John...
We investigate the effects of inward FDI on income distribution and absolute living standards in Vietnam using census data from 1989-2009. We compute the number of employees of foreign establishments...
View ArticleLocked in by Leverage: Job Search during the Housing Crisis -- by Jennifer...
This paper examines how housing market distress affects job search. Using data from a leading online job search platform during the Great Recession, we find that job seekers in areas with depressed...
View ArticleBooks or Laptops? The Cost-Effectiveness of Shifting from Printed to Digital...
Information and communication technologies, such as laptops, can be used for educational purposes as they provide users with computational tools, information storage and communication opportunities,...
View ArticleEducational Homogamy and Assortative Mating Have Not Increased -- by Rania...
Some economists have argued that assortative mating between men and women has increased over the last several decades, thereby contributing to increased family income inequality. Sociologists have...
View ArticleHigh-Skilled Migration and Agglomeration -- by Sari Pekkala Kerr, William...
This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing together and describing several ongoing research streams that range from the...
View ArticleAre Fuel Economy Standards Regressive? -- by Lucas W. Davis, Christopher R....
Despite widespread agreement that a carbon tax would be more efficient, many countries use fuel economy standards to reduce transportation-related carbon dioxide emissions. We pair a simple model of...
View ArticleWhy Does Capital No Longer Flow More to the Industries with the Best Growth...
With functionally efficient capital markets, we expect capital to flow more to the industries with the best growth opportunities. As a result, these industries should invest more and see their assets...
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