Concept
Économie (discipline)
Publications associées (89)
Modelling price pressure in financial markets
We present experimental evidence that, unlike traditional assumptions in economic theory, security prices do not respond to pressure from their own excess demand. Instead, prices respond to excess demand of all securities, despite the absence of a direct l ...
2009A GARCH Option Pricing Model with Filtered Historical Simulation
Loriano Mancini, Giovanni Barone-Adesi
We propose a new method for pricing options based on GARCH models with filtered historical innovations. In an incomplete market framework, we allow for different distributions of historical and pricing return dynamics enhancing the model flexibility to fit ...
2008Market Consistent Pricing of Insurance Products
We present the first step in a program to develop a comprehen- sive, unified equilibrium theory of asset and liability pricing. We give a mathematical framework for pricing insurance products in a multiperiod financial market. This framework reflects classical ...
2008Environomics: An integrated vision of energy, environment and economics
The World is facing major challenges regarding environmental threats, resource constraints and the large unbalance of wealth among developing and developed countries. Energy engineering is at the core of the actions to be undertaken to meet these challenge ...
2007Managing the process of new venture creation: an integrative perspective
The Elgar Companion to Neo-Schumpeterian Economics contains a diverse selection of chapters written by some of the most distinguished scholars in their fields. This comprehensive volume is logically divided into micro-, meso- and macroeconomic sections wit ...
Edward Elgar2006Globalization of R&D: linking better the European economy to 'foreign' sources of knowledge and making EU a more attractive place for R&D investment
R&D internationalization is an important phenomenon. It involves the global allocation of a precious resource for national economies. The reason for this Report is that there is a strong feeling, based on partial evidence, that Europe is not taking part as ...
2006Scale-up of batch processes via decentralized control
Dominique Bonvin, Benoît Chachuat, Michael Amrhein, Alejandro Gabriel Marchetti
The economic environment in the specialty chemicals industry requires short times to market and thus the ability to develop new products and processes very rapidly. This, in turn, calls for large scale-ups from laboratory to production. Due to scale-relate ...
2006