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A FREE AND OPEN SOURCE TOOL TO ASSESS THE ACCURACY OF LAND COVER MAPS: IMPLEMENTATION AND APPLICATION TO LOMBARDY REGION (ITALY)
Global Land Cover Accuracy Assessment Free and Open Source Error Matrix Accuracy Measures
2018/5/11
The availability of thematic maps has significantly increased over the last few years. Validation of these maps is a key factor in assessing their suitability for different applications. The evaluatio...
华中科技大学投资学课件Chapter6 Capital Allocation Between the Risky Asset and the Risk-Free Asset
华中科技大学 投资学 课件 Chapter6 Capital Allocation Between the Risky Asset and the Risk-Free Asset
2015/5/19
华中科技大学投资学课件Chapter6 Capital Allocation Between the Risky Asset and the Risk-Free Asset。
Tommy Koh and the U.S.–Singapore Free Trade Agreement:A Multi-Front 'Negotiation Campaign'
Negotiation Trade United States Singapore
2015/4/28
Complex, multiparty negotiations are often analyzed as principals negotiating through agents, as two-level games (Putnam 1988), or in coalitional terms. The relatively new concept of a "multi-front ne...
Free to Punish?The American Dream and the Harsh Treatment of Criminals
Crime and Corruption Economy Moral Sensibility Mathematical Methods Opportunities
2015/4/24
We describe the evolution of selective aspects of punishment in the U.S. over the period 1980-2004. We note that imprisonment increased around 1980, a period that coincides with the "Reagan revolution...
The Value of a 'Free' Customer
Customer Value and Value Chain Auctions Network Effects Business Strategy
2015/4/20
Central to a firm's growth and marketing policy is the revenus and profit potential of its customer assets. As a result, there has been a recent proliferation of work regarding customer lifetime value...
Tax-Free Savings Accounts – Shifting Opportunity
Tax-Free Savings Accounts Shifting Opportunity
2014/8/5
Effective January 2, 2009, the government of Canada introduced a new saving instrument for Canadian residents, 18 years or older1– the Tax-Free Savings Account (TFSA). This savings incentive has been ...
On free lunches in random walk markets with short-sale constraints and small transaction costs, and weak convergence to Gaussian continuous-time processes
Stock price model random walk Gaussian processes weak con-vergence
2012/9/14
This paper considers a sequence of discrete-time random walk markets with a safe and a single risky investment opportunity, and gives conditions for the existence of arbitrages or free lunches with va...
Budget Feasible Mechanism Design:From Prior-Free to Bayesian
Mechanism design, budget feasible, prior-free, Bayesian, submodular, subadditive, approximation
2012/12/3
Budget feasible mechanism design studies procurement combinatorial auctions in which the sellers have private costs to produce items, and the buyer (auctioneer) aims to maxi mize a social valuation fu...
Do arbitrage-free prices come from utility maximization?
arbitrage-free prices come from utility maximization
2012/9/14
In this paper we ask whether arbitrage-free prices are obtained by utility maximization. This is found to be true for any given investor, provided that one considers the marginal utility-based prices ...
Arbitrage-free SVI volatility surfaces
Arbitrage-free SVI volatility surfaces Pricing of Securities
2012/4/28
In this article, we show how to calibrate the widely-used SVI parameterization of the implied volatility surface in such a way as to guarantee the absence of static arbitrage. In particular, we exhibi...
We study the Markov equilibria of a model of free riding in which n infinitely lived agents choose betweenprivate consumption and irreversible contributions to a durable public good. We show tha...
The Dynamic Free Rider Problem: A Laboratory Study
The Dynamic Free Rider Problem economies withreversibility
2014/3/12
Most public goods are durable and have a significant dynamic component. In this paper, wereport the results from a laboratory experiment designed explicitly to study the dynamicsof free riding b...
On Hayek's denationalization of money, free banking and inflation targeting
free-banking Hayek inflation targeting Non-redeemable money performance contracting
2011/9/27
Recent central bank experience with inflation targeting is used to restate Hayek's reform proposal as a performance contract. This requires banks to first state an explicit inflation target and then p...
HOW WALL STREET CROOKS GET OUT OF JAIL FREE
the lack of punishment financial crimes in the United States malfeasance of bankers financial service professionals
2011/9/24
In this article the author discusses the lack of punishment for financial crimes in the United States. The author notes that, except for civil complaints, the U.S. Securities and Exchange Commission i...
From Free-trade Imperialism to Structural Power: New Zealand and the Capital Market, 1856-68
gentlemanly capitalism credit-worthiness potential consequences
2011/9/12
For Cain and Hopkins, the 'structural power' of gentlemanly capitalism was the most important means by which by British imperialism affected settler societies from the mid-nineteenth century. Like sim...