If You Don’t Want ‘Bragging Rights’ You Can Get Alpha Done
The quarterly investor report of VCapital Management Company looks at the opportunities for attractive returns for investors regardless of the cloudy economic conditions of 2020. It argues that alpha...
View ArticleClik here to view.
The Globotics Upheaval: Globalization, Robotics and the Future of Work...
The Globotics Upheaval: Globalization, Robotics and the Future of Work. Richard Baldwin. Oxford University Press. 2019. Find this book:Â There is little wonder that the rise of artificial...
View ArticleMathematicians Discover Prime Conspiracy | Quanta Magazine
Mathematicians Discover #Prime Conspiracyhttps://t.co/DmRBgFtPfN pic.twitter.com/v1Zi5bVAaF â RiskDataScience (@RiskDataScience) February 23, 2020
View ArticleUnderstanding Bitcoin Liquidity
Publication date: Available online 22 February 2020Source: Finance Research LettersAuthor(s): Stefan ScharnowskiAbstractThis paper analyzes the evolution of Bitcoin liquidity and its determinants....
View ArticleEfficient Minimum Distance Estimation of Pareto Exponent from Top Income...
We propose an efficient estimation method for the income Pareto exponent when only certain top income shares are observable. Our estimator is based on the asymptotic theory of weighted sums of order...
View ArticleStochastic Dynamic Utilities and Inter-Temporal Preferences....
We propose an axiomatic approach which economically underpins the representation of dynamic preferences in terms of a stochastic utility function, sensitive to the information available to the decision...
View ArticleStability of the indirect utility process. (arXiv:2002.09445v1 [math.PR])
We investigate the dynamic stability of the indirect utility process associated with a (possibly suboptimal) trading strategy under perturbations of the market. Establishing the reverse conjugacy...
View ArticleRegional inequality simulations based on asset exchange models....
To gain insights into the regional inequality problem, we proposed new regional asset exchange models based on existing kinetic income-exchange models in economic physics by setting spatial exchange...
View ArticleClik here to view.
The Carter Catastrophe
A Bayesian argument for why humans will soon be extinct.Continue reading on Cantorâs Paradise »
View ArticleClik here to view.
When Feynman met Dirac
“I am Feynman. I am Dirac. (Silence)”Continue reading on Cantorâs Paradise »
View ArticleWall Street Tackles Sustainable Development Goals
In 2015 the United Nations defined 17 Sustainable Development Goals [no poverty, no hunger, health & well-being, etc.] along with 169 targets that were devised to allow for quantitative measurement...
View ArticleSEC to Hold National Compliance Outreach Seminar for Investment Companies and...
The Securities and Exchange Commission today announced the opening of registration for its compliance outreach programâs national seminar for investment companies and investment advisers. The event...
View ArticleDistributions of Historic Market Data -- Relaxation and Correlations....
We investigate relaxation and correlations in a class of mean-reverting models for stochastic variances. We derive closed-form expressions for the correlation functions and leverage for a general form...
View ArticleNumerical method for model-free pricing of exotic derivatives using rough...
We estimate prices of exotic options in a discrete-time model-free setting when the trader has access to market prices of a rich enough class of exotic and vanilla options. This is achieved by...
View ArticleA Practical Approach to Social Learning. (arXiv:2002.11017v1 [econ.TH])
Models of social learning feature either binary signals or abstract signal structures often deprived of micro-foundations. Both models are limited when analyzing interim results or performing empirical...
View ArticleG-Learner and GIRL: Goal Based Wealth Management with Reinforcement Learning....
We present a reinforcement learning approach to goal based wealth management problems such as optimization of retirement plans or target dated funds. In such problems, an investor seeks to achieve a...
View ArticleRandom horizon principal-agent problem. (arXiv:2002.10982v1 [math.OC])
We consider a general formulation of the random horizon Principal-Agent problem with a continuous payment and a lump-sum payment at termination. In the European version of the problem, the random...
View Article