Gender Based Occupational Segregation and Sex Differences in Sensory, Motor...
While the gender pay gap continues to decline, gender occupational segregation in the labor market has changed little in recent decades. Research on sex differences in humans provides "lab evidence" of...
View ArticleThe Granular Nature of Large Institutional Investors -- by Itzhak Ben-David,...
Over the last four decades, the concentration of institutional assets in equity markets has increased dramatically. We conjecture that large institutions are granular, that is, they cannot be reduced...
View ArticleWhich Social Cost of Carbon? A Theoretical Perspective -- by Matthew J. Kotchen
This paper develops a theoretical foundation for the social cost of carbon (SCC). The model highlights the source of debate over whether countries should use the global or domestic SCC for regulatory...
View ArticleLow-quality Patents in the Eye of the Beholder: Evidence from Multiple...
Low-quality patents are of considerable concern to businesses operating in patent-dense markets. There are two pathways by which low-quality patents may be issued: the patent office may apply...
View ArticleBernanke's No-arbitrage Argument Revisited: Can Open Market Operations in...
We first show that, at least in theory, open market operations in real assets can be a useful tool for overcoming a liquidity trap because they change the inflation incentives of the government, and...
View ArticleDesigning Policies to Make Cars Greener: A Review of the Literature -- by...
We review what is known about the economic efficiency of fuel taxes relative to efficiency standards aimed at mitigating environmental externalities from automobiles. We present a simplified model of...
View ArticleThe Division of Labor in Teams: A Conceptual Framework and Application to...
Even though teams have become the dominant mode of knowledge production, little is known regarding how they divide work among their members. Conceptualizing knowledge production as a process involving...
View ArticleCollective Action in an Asymmetric World -- by Cuicui Chen, Richard J....
A central authority, possessing tax and expenditure responsibilities, can readily provide an efficient level of a public good. Climate change mitigation lacks a central authority. Thus, voluntary...
View ArticleUAE Ministry Of Justice And Abu Dhabi Global Market Agree To Cooperate On The...
The United Arab Emirates Ministry of Justice and Abu Dhabi Global Market Courts (ADGM Courts) today signed a Memorandum of Understanding (MoU) concerning a wide range of legal and judicial matters. In...
View ArticleCME Group Expands Base Metals Offering With New Aluminum A380 Alloy (S&P...
CME Group, the world's leading and most diverse derivatives marketplace, today announced it will expand its base metals offering with the introduction of a new Aluminum A380 Alloy (S&P Global...
View ArticleBursa Malaysia Securities Publicly Reprimands Johan Holdings Berhad For...
Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded Johan Holdings Berhad (JOHAN) in respect of the company’s fourth quarterly report for the financial year...
View ArticleIncreased Liability in the Face of Uncertain Data Regulations
By Beata Aldridgeread more...
View ArticleAequitas Launches Fintech Solution - Enabling Access To Low Cost...
Aequitas Technology Services Inc. (Aequitas Connect), the innovation hub of Aequitas Innovations Inc. (Aequitas Innovations) today announced that Invesco Canada (Invesco) has signed up for its fund...
View ArticleDalian Commodity Exchange Revises Measures For Risk Management, Adds Trading...
On May 11, Dalian Commodity Exchange (DCE) issued a notice on the newly revised "Measures for Risk Management of Dalian Commodity Exchange", which shall take effect as of the date of release. The...
View ArticleCERN Discovers New Particle Called The FERIR
CERN has just announced the discovery of a new particle, called the âFERIRâ.read more...
View ArticleUS Federal Agencies Invite Comment On Proposed Rule to Prohibit...
Six federal agencies are inviting public comment on a proposed rule to prohibit incentive-based compensation arrangements that encourage inappropriate risks at covered financial institutions. The...
View ArticleCapital Markets Veteran Guy Haselmann Joins OpenDoor Trading
OpenDoor Trading, a platform designed to restore Off-The-Run Treasury (OFTR’s) and TIPS liquidity, has appointed Guy Haselmann as Managing Director. Mr. Haselmann will be responsible for sourcing and...
View ArticleLearning zero-cost portfolio selection with pattern matching....
We consider and extend the adversarial agent-based learning approach of Gy{\"o}rfi {\it et al} to the situation of zero-cost portfolio selection implemented with a quadratic approximation derived from...
View ArticleOn the Optimal Dividend Problem in the Dual Model with Surplus-Dependent...
This paper concerns the dual risk model, dual to the risk model for insurance applications, where premiums are surplus-dependent. In such a model premiums are regarded as costs, while claims refer to...
View ArticleKnight--Walras Equilibria. (arXiv:1605.04385v1 [q-fin.EC])
Knightian uncertainty leads naturally to nonlinear expectations. We introduce a corresponding equilibrium concept with sublinear prices and establish their existence. In general, such equilibria lead...
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