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The conditional indirect utility of many random utility maximization (RUM) discrete choice models is specified as a sum of an index V depending on observables and an independent random term. In general, the universe of RUM consistent models is much larger, ...
We experimentally investigate the effect of residual disorder on the dispersion curve of light near a band edge. A Fourier space imaging technique accurately distinguishes the propagating regime from diffusive transport and evanescent regime in planar phot ...
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Corporate venture capital (CVC), direct minority equity investments made by established companies in privately held start-ups, has become an important strategic tool for many large companies. In particular, firms often pursue CVC investing as a way to lear ...
We study the roles of traditional governance (boards, sponsors, etc.) and market governance(investors voting with their feet) in mutual funds and variable annuities. We find that market governance is less pronounced for variable annuity investors. Using a ...
The impact of capital mobility restrictions on the diversification benefit for risk at the group level of a financial conglomerate is an important aspect in risk management. In this paper we propose a new bottom-up approach for realizing diversification be ...
Searching for matches between large collections of short (14-30 nucleotides) words and sequence databases comprising full genomes or transcriptomes is a common task in biological sequence analysis. We investigated the performance of simple indexing strateg ...
We report evidence that the co-movements of index options and index futures quotes differ sharply from perfect correlation in periods with option trades. In half-hour intervals with (without) option trades 25% (12%) of call option quote changes have either ...
The suitability of peer-to-peer (P2P) approaches for full-text Web retrieval has recently been questioned because of the claimed unacceptable bandwidth consumption induced by retrieval from very large document collections. In this contribution we formalize ...
The conditional indirect utility of many random utility maximization (RUM) discrete choice models is specified as a sum of an index V depending on observables and an independent random term P. In general, the universe of RUM consistent models is much large ...
Batch control has traditionally addressed the problems related to the absence of a steady state and the finite batch duration. Recently, batch control has added the dimension that arises naturally from the possibility of applying run-to-run control, i.e. i ...
