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Mutual fund competition in the presence of dynamic flows

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Financial Markets Equilibrium with Heterogeneous Agents

Semyon Malamud

This paper presents an equilibrium model in a pure exchange economy when investors have three possible sources of heterogeneity. Investors may differ in their beliefs, in their level of risk aversion, and in their time preference rate. The authors study th ...

Oxford University Press2012

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Columbia Business School2012

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EPFL2012

Multistability of twisted states in non-locally coupled Kuramoto-type models

Martin Hasler

A ring of N identical phase oscillators with interactions between L-nearest neighbors is considered, where L ranges from 1 (local coupling) to N/2 (global coupling). The coupling function is a simple sinusoid, as in the Kuramoto model, but with a minus sig ...

2012

Evolution of Langmuir Film of Nanoparticles Through Successive Compression Cycles

Francesco Stellacci, Jiwon Kim

The success of nanoparticle-based devices will need reliable fabrication methods for well-defined, defect-free self-assembled structures of nanoparticles (NPs). NP self-assembly is a process governed by an interplay between many inter-particle interactions ...

2011

A coupled game solved with the homogeneous version of OBOE to model Post Kyoto international climate policy

Marc Vielle, Alain Haurie

This paper presents a game-theoretic model for the international negotiations that should take place to renew or extend the Kyoto protocol beyond 2012. These negotiations should lead to a self-enforcing agreement on a burden sharing scheme to realize the n ...

Springer2011

One-to-n Scrip Systems for Cooperative Privacy-Enhancing Technologies

Jean-Pierre Hubaux, Mathias Jacques Jean-Marc Humbert

Scrip is a generic term for any substitute for real currency; it can be converted into goods or services sold by the issuer. In the classic scrip system model, one agent is helped by another in return for one unit of scrip. In this paper, we present an upg ...

2011

Essays on Equilibrium Asset Pricing

Rodolfo Javier Prieto Katunaric

This thesis consists of three chapters. The first chapter endogenizes technological change by introducing a stylized innovation process driven by a R&D–dependent Poisson process in a Cox, Ingersoll and Ross (1985) production economy. The model reproduces s ...

EPFL2010

Mutual fund portfolio choice in the presence of dynamic ﬂows

Julien Hugonnier

We analyze the implications of dynamic flows on a mutual fund's portfolio decisions. In our model, myopic investors dynamically allocate capital between a riskless asset and an actively managed fund which charges fraction-of-fund fees. The presence of dyna ...

2010

Mutual fund competition in the presence of dynamic flows

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Sponsored search, market equilibria, and the Hungarian Method

Financial Markets Equilibrium with Heterogeneous Agents

Insider Trading, Stochastic Liquidity and Equilibrium Prices

Modern Portfolio Theory Revisited

Multistability of twisted states in non-locally coupled Kuramoto-type models

Evolution of Langmuir Film of Nanoparticles Through Successive Compression Cycles

A coupled game solved with the homogeneous version of OBOE to model Post Kyoto international climate policy

One-to-n Scrip Systems for Cooperative Privacy-Enhancing Technologies

Essays on Equilibrium Asset Pricing

Mutual fund portfolio choice in the presence of dynamic ﬂows

Financial Markets Equilibrium with Heterogeneous Agents

Sponsored search, market equilibria, and the Hungarian Method

Insider Trading, Stochastic Liquidity and Equilibrium Prices

Modern Portfolio Theory Revisited

Multistability of twisted states in non-locally coupled Kuramoto-type models

Evolution of Langmuir Film of Nanoparticles Through Successive Compression Cycles

Essays on Equilibrium Asset Pricing

A coupled game solved with the homogeneous version of OBOE to model Post Kyoto international climate policy

One-to-n Scrip Systems for Cooperative Privacy-Enhancing Technologies

Mutual fund portfolio choice in the presence of dynamic ﬂows