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  • Stocks, Bonds, and the Investment Horizon

    Decision-Making for the Long Run

    by Haim Levy ...
    A century ago, life expectancy was roughly 40 years, hence saving for retirement was not an important economic issue. Nowadays, life expectancy exceeds 80 years in many countries, and one should expect to live and consume many years after retirement. Thus, optimizing investments and savings for retirement, with a long planned investment horizon, has become an issue of crucial importance.How should ... Read more

    $106.99 USD

  • Stochastic Dominance

    Investment Decision Making under Uncertainty

    by Haim Levy ...
    Series series Economics and Finance (R0)
    This fully updated third edition is devoted to the analysis of various Stochastic Dominance (SD) decision rules. It discusses the pros and cons of each of the alternate SD rules, the application of these rules to various research areas like statistics, agriculture, medicine, measuring income inequality and the poverty level in various countries, and of course, to investment decision-making under ... Read more

    $152.09 USD

  • Microscopic Simulation of Financial Markets

    From Investor Behavior to Market Phenomena

    Microscopic Simulation (MS) uses a computer to represent and keep track of individual ("microscopic") elements in order to investigate complex systems which are analytically intractable. A methodology that was developed to solve physics problems, MS has been used to study the relation between microscopic behavior and macroscopic phenomena in systems ranging from those of atomic particles, to cars, ... Read more

    $116.99 USD

  • The Capital Asset Pricing Model in the 21st Century

    Analytical, Empirical, and Behavioral Perspectives

    by Haim Levy ...
    The Capital Asset Pricing Model (CAPM) and the mean-variance (M-V) rule, which are based on classic expected utility theory, have been heavily criticized theoretically and empirically. The advent of behavioral economics, prospect theory and other psychology-minded approaches in finance challenges the rational investor model from which CAPM and M-V derive. Haim Levy argues that the tension between ... Read more

    $46.79 USD

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  • Everybody Lies

    Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are

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    Using SMART Big Data, Analytics and Metrics To Make Better Decisions and Improve Performance

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  • Rethinking Rational Choice Theory

    A Companion on Rational and Moral Action

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    The marriage of neuroscience and the science of choice behaviour gave birth to neuroeconomics. Jan de Jong explores this new discipline, investigating the relationship between choice behaviour and brain activity, and the light that this sheds on our systems of reasoning. ... Read more

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    Many decision problems in Operations Research are defined on temporal networks, that is, workflows of time-consuming tasks whose processing order is constrained by precedence relations. For example, temporal networks are used to model projects, computer applications, digital circuits and production processes. Optimization problems arise in temporal networks when a decision maker wishes to ... Read more

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    Implications Drawn from the Aviation, Rail, and United Kingdom Nuclear Power Industries

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    Effects of Deregulation on Safety provides a comprehensive overview of the safety experiences of these three case study industries and their implications for the U.S. nuclear power industry. The treatment of the subject is not highly technical, and hence is accessible to a wide range of readers with interests in the subject matter. The book draws on literature from roughly 250 references, ranging ... Read more

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