Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
  • Online Resource  (10)
  • BTU Cottbus  (10)
  • 2000-2004  (9)
  • 1955-1959  (1)
  • 1
    UID:
    almahu_9947362741402882
    Format: XV, 356 p. , online resource.
    ISBN: 9781441990051
    Series Statement: Undergraduate Texts in Mathematics,
    Content: The Mathematics of Finance has become a hot topic in applied mathematics ever since the discovery of the Black-Scholes option pricing formulas in 1973. Unfortunately, there are very few undergraduate textbooks in this area. This book is specifically written for upper division undergraduate or beginning graduate students in mathematics, finance or economics. With the exception of an optional chapter on the Capital Asset Pricing Model, the book concentrates on discrete derivative pricing models, culminating in a careful and complete derivation of the Black-Scholes option pricing formulas as a limiting case of the Cox-Ross-Rubinstein discrete model. The final chapter is devoted to American options. The mathematics is not watered down but is appropriate for the intended audience. No measure theory is used and only a small amount of linear algebra is required. All necessary probability theory is developed in several chapters throughout the book, on a "need-to-know" basis. No background in finance is required, since the book also contains a chapter on options. The author is Emeritus Professor of Mathematics, having taught at a number of universities, including MIT, UC Santa Barabara, the University of South Florida and the California State University, Fullerton. He has written 27 books in mathematics at various levels and 9 books on computing. His interests lie mostly in the areas of algebra, set theory and logic, probability and finance. When not writing or teaching, he likes to make period furniture, copy Van Gogh paintings and listen to classical music. He also likes tofu.
    Note: Portfolio Risk Management -- Option Pricing Models -- Assumptions -- Arbitrage -- Probability I: An Introduction to Discrete Probability -- 1.1 Overview -- 1.2 Probability Spaces -- 1.3 Independence -- 1.4 Binomial Probabilities -- 1.5 Random Variables -- 1.6 Expectation -- 1.7 Variance and Standard Deviation -- 1.8 Covariance and Correlation; Best Linear Predictor -- Exercises -- Portfolio Management and the Capital Asset Pricing Model -- 2.1 Portfolios, Returns and Risk -- 2.2 Two-Asset Portfolios -- 2.3 Multi-Asset Portfolios -- Exercises -- Background on Options -- 3.1 Stock Options -- 3.2 The Purpose of Options -- 3.3 Profit and Payoff Curves -- 3.4 Selling Short -- Exercises -- An Aperitif on Arbitrage -- 4.1 Background on Forward Contracts -- 4.2 The Pricing of Forward Contracts -- 4.3 The Put-Call Option Parity Formula -- 4.4 Option Prices -- Exercises -- Probability II: More Discrete Probability -- 5.1 Conditional Probability -- 5.2 Partitions and Measurability -- 5.3 Algebras -- 5.4 Conditional Expectation -- 5.5 Stochastic Processes -- 5.6 Filtrations and Martingales -- Exercises -- Discrete-Time Pricing Models -- 6.1 Assumptions -- 6.2 Positive Random Variables -- 6.3 The Basic Model by Example -- 6.4 The Basic Model -- 6.5 Portfolios and Trading Strategies -- 6.6 The Pricing Problem: Alternatives and Replication -- 6.7 Arbitrage Trading Strategies -- 6.8 Admissible Arbitrage Trading Strategies -- 6.9 Characterizing Arbitrage -- 6.10 Computing Martingale Measures -- Exercises -- The Cox-Ross-Rubinstein Model -- 7.1 The Model -- 7.2 Martingale Measures in the CRR model -- 7.3 Pricing in the CRR Model -- 7.4 Another Look at the CRR Model via Random Walks -- Exercises -- Probability III: Continuous Probability -- 8.1 General Probability Spaces -- 8.2 Probability Measures on ? -- 8.3 Distribution Functions -- 8.4 Density Functions -- 8.5 Types of Probability Measures on ? -- 8.6 Random Variables -- 8.7 The Normal Distribution -- 8.8 Convergence in Distribution -- 8.9 The Central Limit Theorem -- Exercises -- The Black-Scholes Option Pricing Formula -- 9.1 Stock Prices and Brownian Motion -- 9.2 The CRR Model in the Limit: Brownian Motion -- 9.3 Taking the Limit as °t ? 0 -- 9.4 The Natural CRR Model -- 9.5 The Martingale Measure CRR Model -- 9.6 More on the Model From a Different Perspective: Ito's Lemma -- 9.7 Are the Assumptions Realistic? -- 9.8 The Black-Scholes Option Pricing Formula -- 9.9 How Black-Scholes is Used in Practice: Volatility Smiles and Surfaces -- 9.10 How Dividends Affect the Use of Black-Scholes -- Exercises -- Optimal Stopping and American Options -- 10.1 An Example -- 10.2 The Model -- 10.3 The Payoffs -- 10.4 Stopping Times -- 10.5 Stopping the Payoff Process -- 10.6 The Stopped Value of an American Option -- 10.7 The Initial Value of an American Option, or What to Do At Time to -- 10.8 What to Do At Time tk -- 10.9 Optimal Stopping Times and the Snell Envelop -- 10.10 Existence of Optimal Stopping Times -- 10.11 Characterizing the Snell Envelop -- 10.12 Additional Facts About Martingales -- 10.13 Characterizing Optimal Stopping Times -- 10.14 Optimal Stopping Times and the Doob Decomposition -- 10.15 The Smallest Optimal Stopping Time -- 10.16 The Largest Optimal Stopping Time -- Exercises -- Appendix A: Pricing Nonattainable Alternatives in an Incomplete Market -- A. 1 Fair Value in an Incomplete Market -- A.2 Mathematical Background -- A.3 Pricing Nonattainable Alternatives -- Exercises -- Appendix B: Convexity and the Separation Theorem -- B. 1 Convex, Closed and Compact Sets -- B.2 Convex Hulls -- B.3 Linear and Affine Hyperplanes -- B.4 Separation -- Selected Solutions -- References.
    In: Springer eBooks
    Additional Edition: Printed edition: ISBN 9780387213644
    Language: English
    Keywords: Lehrbuch
    URL: Volltext  (lizenzpflichtig)
    URL: Cover
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 2
    Online Resource
    Online Resource
    New York, NY :Springer New York,
    UID:
    almahu_9947362929402882
    Format: XVI, 338 p. , online resource.
    ISBN: 9781468492989
    Series Statement: CMS Books in Mathematics / Ouvrages de mathématiques de la SMC,
    Content: This book evolved from notes originally developed for a graduate course, "Best Approximation in Normed Linear Spaces," that I began giving at Penn State Uni­ versity more than 25 years ago. It soon became evident. that many of the students who wanted to take the course (including engineers, computer scientists, and statis­ ticians, as well as mathematicians) did not have the necessary prerequisites such as a working knowledge of Lp-spaces and some basic functional analysis. (Today such material is typically contained in the first-year graduate course in analysis. ) To accommodate these students, I usually ended up spending nearly half the course on these prerequisites, and the last half was devoted to the "best approximation" part. I did this a few times and determined that it was not satisfactory: Too much time was being spent on the presumed prerequisites. To be able to devote most of the course to "best approximation," I decided to concentrate on the simplest of the normed linear spaces-the inner product spaces-since the theory in inner product spaces can be taught from first principles in much less time, and also since one can give a convincing argument that inner product spaces are the most important of all the normed linear spaces anyway. The success of this approach turned out to be even better than I had originally anticipated: One can develop a fairly complete theory of best approximation in inner product spaces from first principles, and such was my purpose in writing this book.
    Note: 1. Inner Product Spaces -- Five Basic Problems -- Inner Product Spaces -- Orthogonality -- Topological Notions -- Hilbert Space -- Exercises -- Historical Notes -- 2. Best Approximation -- Best Approximation -- Convex Sets -- Five Basic Problems Revisited -- Exercises -- Historical Notes -- 3. Existence and Uniqueness of Best Approximations -- Existence of Best Approximations -- Uniqueness of Best Approximations -- Compactness Concepts -- Exercises -- Historical Notes -- 4. Characterization of Best Approximations -- Characterizing Best Approximations -- Dual Cones -- Characterizing Best Approximations from Subspaces -- Gram-Schmidt Orthonormalization -- Fourier Analysis -- Solutions to the First Three Basic Problems -- Exercises -- Historical Notes -- 5. The Metric Projection -- Metric Projections onto Convex Sets -- Linear Metric Projections -- The Reduction Principle -- Exercises -- Historical Notes -- 6. Bounded Linear Functionals and Best Approximation from Hyperplanes and Half-Spaces -- Bounded Linear Functionals -- Representation of Bounded Linear Functionals -- Best Approximation from Hyperplanes -- Strong Separation Theorem -- Best Approximation from Half-Spaces -- Best Approximation from Polyhedra -- Exercises -- Historical Notes -- 7. Error of Approximation -- Distance to Convex Sets -- Distance to Finite-Dimensional Subspaces -- Finite-Codimensional Subspaces -- The Weierstrass Approximation Theorem -- Müntz’s Theorem -- Exercises -- Historical Notes -- 8. Generalized Solutions of Linear Equations -- Linear Operator Equations -- The Uniform Boundedness and Open Mapping Theorems -- The Closed Range and Bounded Inverse Theorems -- The Closed Graph Theorem -- Adjoint of a Linear Operator -- Generalized Solutions to Operator Equations -- Generalized Inverse -- Exercises -- Historical Notes -- 9. The Method of Alternating Projections -- The Case of Two Subspaces -- Angle Between Two Subspaces -- Rate of Convergence for Alternating Projections (two subspaces) -- Weak Convergence -- Dykstra’s Algorithm -- The Case of Affine Sets -- Rate of Convergence for Alternating Projections -- Examples -- Exercises -- Historical Notes -- 10. Constrained Interpolation from a Convex Set -- Shape-Preserving Interpolation -- Strong Conical Hull Intersection Property (Strong CHIP) -- Affine Sets -- Relative Interiors and a Separation Theorem -- Extremal Subsets of C -- Constrained Interpolation by Positive Functions -- Exercises -- Historical Notes -- 11. Interpolation and Approximation -- Interpolation -- Simultaneous Approximation and Interpolation -- Simultaneous Approximation, Interpolation, and Norm-preservation -- Exercises -- Historical Notes -- 12. Convexity of Chebyshev Sets -- Is Every Chebyshev Set Convex? -- Chebyshev Suns -- Convexity of Boundedly Compact Chebyshev Sets -- Exercises -- Historical Notes -- Appendix 1. Zorn’s Lemma -- References.
    In: Springer eBooks
    Additional Edition: Printed edition: ISBN 9781441928900
    Language: English
    URL: Volltext  (lizenzpflichtig)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 3
    UID:
    almahu_9947363014102882
    Format: XV, 248 p. , online resource.
    ISBN: 9781461213345
    Series Statement: Statistics for Industry and Technology
    Content: Censored sampling arises in a life-testing experiment whenever the experimenter does not observe (either intentionally or unintentionally) the failure times of all units placed on a life-test. Inference based on censored sampling has been studied during the past 50 years by numerous authors for a wide range of lifetime distributions such as normal, exponential, gamma, Rayleigh, Weibull, extreme value, log-normal, inverse Gaussian, logistic, Laplace, and Pareto. Naturally, there are many different forms of censoring that have been discussed in the literature. In this book, we consider a versatile scheme of censoring called progressive Type-II censoring. Under this scheme of censoring, from a total of n units placed on a life-test, only m are completely observed until failure. At the time of the first failure, Rl of the n - 1 surviving units are randomly withdrawn (or censored) from the life-testing experiment. At the time of the next failure, R2 of the n - 2 -Rl surviving units are censored, and so on. Finally, at the time of the m-th failure, all the remaining Rm = n - m -Rl - . . . - Rm-l surviving units are censored. Note that censoring takes place here progressively in m stages. Clearly, this scheme includes as special cases the complete sample situation (when m = nand Rl = . . . = Rm = 0) and the conventional Type-II right censoring situation (when Rl = . . . = Rm-l = 0 and Rm = n - m).
    Note: 1 Introduction -- 1.1 The Big Picture -- 1.2 Genesis -- 1.3 The Need for Progressive Censoring -- 1.4 A Relatively Unexplored Idea -- 1.5 Mathematical Notations -- 1.6 A Friendly Note -- 2 Mathematical Properties of Progressively Type-II Right Censored Order Statistics -- 2.1 General Continuous Distributions -- 2.2 The Exponential Distribution: Spacings -- 2.3 The Uniform Distribution: Ratios -- 2.4 The Pareto Distribution: Ratios -- 2.5 Bounds for Means and Variances -- 3 Simulational Algorithms -- 3.1 Introduction -- 3.2 Simulation Using the Uniform Distribution -- 3.3 Simulation Using the Exponential Distribution -- 3.4 General Progressively Type-II Censored Samples -- 4 Recursive Computation and Algorithms -- 4.1 Introduction -- 4.2 The Exponential Distribution -- 4.3 The Doubly Truncated Exponential Distribution -- 4.4 The Pareto Distribution and Truncated Forms -- 4.5 The Power Function Distribution and Truncated Forms -- 5 Alternative Computational Methods -- 5.1 Introduction -- 5.2 Formulas in Terms of Moments of Usual Order Statistics -- 5.3 Formulas in the Case of Symmetric Distributions -- 5.4 Other Relations for Moments -- 5.5 First-Order Approximations to the Moments -- 6 Linear Inference -- 6.1 One-Parameter (Scale) Models -- 6.2 Two-Parameter (Location-Scale) Models -- 6.3 Best Linear Invariant Estimation -- 7 Likelihood Inference: Type-I and Type-II Censoring -- 71. Introduction -- 7.2 General Continuous Distributions -- 7.3 Specific Continuous Distributions -- 8 Linear Prediction -- 8.1 Introduction -- 8.2 The Exponential Case -- 8.3 Case of General Distributions -- 8.4 A Simple Approach Based on BLUEs -- 8.5 First-Order Approximations to BLUPs -- 8.6 Prediction Intervals -- 8.7 Illustrative Examples -- 9 Conditional Inference -- 9.1 Introduction -- 9.2 Inference for Location and Scale Parameters -- 9.3 Inference for Quantiles and Reliability and Prediction Intervals -- 9.4 Results for Extreme Value Distribution -- 9.5 Results for Exponential Distribution -- 9.6 Illustrative Examples -- 9.7 Results for Pareto Distribution -- 10 Optimal Censoring Schemes -- 10.1 Introduction -- 10.2 The Exponential Distribution -- 10.3 The Normal Distribution -- 10.4 The Extreme Value Distribution -- 10.5 The Extreme Value (II) Distribution -- 10.6 The Log-Normal Distribution -- 10.7 Tables -- 11 Acceptance Sampling Plans -- 11.1 Introduction -- 11.2 The Exponential Distribution -- 11.3 The Log-Normal Distribution -- Author Index.
    In: Springer eBooks
    Additional Edition: Printed edition: ISBN 9781461270997
    Language: English
    URL: Volltext  (lizenzpflichtig)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 4
    UID:
    almahu_9949198300202882
    Format: X, 300 p. , online resource.
    Edition: 1st ed. 2004.
    ISBN: 9783540247340
    Content: Ever since the first Olympic Games in Ancient Greece, sports have become an integral part of human civilization. The last decade has been commemorated by the centennial celebration of the modern Olympic movement. With great anticipation, the Olympics return to Athens, Greece, and we are once again reminded that we live in one of the most exciting periods in the history of sports. Reflecting back on my years of service as the International Olympic Com­ mittee president, I cannot overlook the remarkable changes that have taken place in the world of sports during these two decades. The technological de­ velopment and consequent globalization of the world economy opened up a window of new opportunities for the sports industry. As a result, manage­ ment, economics, and other sciences have become a significant part of modern sports. It is my pleasure to introduce this volume comprising an interesting collec­ tion of papers dealing with various aspects of management, economics and optimization applied to sports. May this book serve as a valuable source of information to researchers and practitioners as well as to casual readers look­ ing for a deeper insight into the magnificent world of sports.
    Note: Matrix-based Methods for College Football Rankings -- Who's the Best? Data Envelopment Analysis and Ranking Players in the National Football League -- Dynamic Programming and Time Related Strategies in Sports -- Using Statistics to Predict Scores in English Premier League Soccer -- Modelling and Forecasting Match Results in the English Premier League and Football League -- Restructuring the Belgian Professional Football League: A Location-Allocation Solution -- The Best Systems for Appointing Referees -- Fashion Accessory, Social Identity or Tribal Uniform? -- Modeling a Baseball Game to Optimize Pitcher Substitution Strategies Using Dynamic Programming -- Mega Deal? A Relative Performance Analysis for Major League Baseball Players -- Market Inefficiencies in Player Head to Head Betting on the 2003 Cricket World Cup -- Searching for Patterns in Sports Contests -- Track and Field Performance Data and Prediction Models: Promises and Fallacies -- Using Response Surface Models for Evolutionary Estimation of Optimum Running Times -- Solving Sports Scheduling and Timetabling Problems with Constraint Programming -- Collaboration Networks in Sports -- The Holdup System for Grouping Minor Hockey Participants Into Age Divisions -- Promotion and Relegation in Rent Seeking Contests.
    In: Springer Nature eBook
    Additional Edition: Printed edition: ISBN 9783642058493
    Additional Edition: Printed edition: ISBN 9783540207122
    Additional Edition: Printed edition: ISBN 9783642534355
    Language: English
    Subjects: Economics , Sports Science
    RVK:
    RVK:
    Keywords: Aufsatzsammlung
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 5
    UID:
    almahu_9949198409302882
    Format: XXXI, 338 p. , online resource.
    Edition: 1st ed. 2003.
    ISBN: 9781461503897
    Series Statement: Integrated Series in Information Systems, 3
    Content: The National Science Foundation (NSF) is the leading sponsor of basic academic research in engineering, and its influence far exceeds its budget. We think NSF is at its best when it uses that influence to focus interest within the researcher community on critical new challenges and technologies. NSF's Scalable Enterprise Systems (SES) initiative, for which we were responsible in our successive terms in the division of Design, Manufacture and Industrial Innovation (DMII), was just such a venture. A collaborative effort spanning NSF's engineering and computer science directorates, SES sought to concentrate the energies of the academic engineering research community on developing a science base for designing, planning and controlling the extended, spatially and managerially distributed enterprises that have become the norm in the manufacture, distribution and sale of the products of U. S. industry. The of associated issues addressed included everything from management supply chains, to product design across teams of collaborating companies, to e-marketing and make-to-order manufacturing, to the information technology challenges of devising inter-operable planning and control tools that can scale with exploding enterprise size and scope. A total of 27 teams with nearly 100 investigators were selected from the 89 submitted proposals in the Phase I, exploratory part of the effort (see the list below). Seven of these were awarded larger multi-year grants to continue their research in Phase II. As the contents of this book amply illustrate, these investigations continue to flourish, with and without direct NSF support.
    Note: 1. A Review of Enterprise Process Modelling Techniques -- 1. Introduction -- 2. Review of Process Modelling Techniques -- 3. Modelling Next-Generation Enterprises -- 4. The Distributed Integrated modelling of enterprises (DME) framework -- 5. Conclusions -- 6. Acknowledgements -- 7. References -- 2. Design and Manufacturing Process Management in a Network of Distributed Suppliers -- 1. Introduction -- 2. Background -- 3. Process modeling: A brief review -- 4. Functional Requirements of Process Management: Specification and Execution -- 5. Description of Midas System -- 6. Process Flow Generation and Execution -- 7. Percolation and Sensitivity Analysis: Process Expansion -- 8. A simple example -- 9. Conclusion -- 3. Finite Automata Modeling and Analysis of Supply Chain Networks -- 1. Introduction -- 2. Preliminaries -- 3. Supply Chain Modeling -- 4. Supply Chain Analysis -- 5. "GOURMET-TO-GO"- A Case Study -- 6. Conclusion -- 4. Distributed Control Algorithms for Scalable Decision-Making from Sensors-to Suppliers -- 1. Introduction -- 2. Feedback Control of Discrete Event-Timing -- 3. Modeling Event Timing Control Using Discontinuous Differential Equations -- 4. Unified Modeling and Control from Sensors-to-Suppliers -- 5. Conclusions -- 6. References -- 5. Collaborative Multiagent Based Information Infrastructure for Transportation Problem Solving -- 1. Introduction -- 2. The Transportation problem -- 3. AGENT Interactions -- 4. Multiagent Model -- 5. Comparison with Other Research -- 6. Conclusions -- 6. Improving Scalability of E-Commerce Systems with Knowledge Discovery -- 1. Background -- 2. Case Study: Online Auctions for Recyclable Products -- 3. The Curse of Dimensionality -- 4. Expediting the System Operations -- 5. Improving Scalability of an Online Auction System -- 6. Conclusions -- References -- 7. A Scalable Supply Chain Infrastructure Research Test-Bed -- 1. Background -- 2. A Scalable SCI test-bed Architecture -- 3. Advanced decision models -- 4. Support for Other Research Projects -- 5. Conclusions -- 6. Acknowledgements -- 7. References -- 8. Publish Subscribe Middleware -- 1. Introduction -- 2. Evolution of Publish Subscribe Systems -- 3. Design Issues in Content Based Systems -- 4. Event Multicast in Content Based Systems -- 5. Secure end point delivery -- 6. Summary -- 9. Experimental Study of Scalability Enhancement for Reverse Logistics E-Commerce -- 1. Introduction -- 2. Description of Experimental Prototype -- 3. Experimental Design -- 4. Auction Recommender -- 5. Conclusion -- 10. Web-Based Distributed Multi-Agent Architecture for Implementing Value Nets -- 1. Introduction -- 2. Literature Review -- 3. Multi-Agent Architecture -- 4. Agent Communication -- 5. Implementation of Multi-agents for value nets -- 6. Conclusions -- 7. Future work.
    In: Springer Nature eBook
    Additional Edition: Printed edition: ISBN 9781402074912
    Additional Edition: Printed edition: ISBN 9781461350521
    Additional Edition: Printed edition: ISBN 9781461503903
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 6
    UID:
    b3kat_BV048845360
    Format: 1 Online-Ressource (ix, 257 Seiten) , ill., maps
    Edition: 1st ed
    ISBN: 9781849501873
    Series Statement: Contemporary studies in economic and financial analysis v. 85
    Content: The transformation of Ireland from one of the poorer countries in Western Europe to one of the best performing is one of the most remarkable economic success stories in recent times. The ten papers in this collection were presented at a conference at Lehigh University in March 2001. Written from a broad interdisciplinary perspective, the papers collectively discuss the recent evolution of the Irish economy and the factors responsible. They also analyze the problems that rapid growth has generated and the consequent domestic policy challenges in such areas as infrastructure, the environment, education, and social welfare
    Note: Papers presented at a conference at Lehigh University, March 2001 , The Irish economy in transition / Vincent G. Munley, Robert J. Thornton -- Fiscal policy and the public finances : creative approaches to pension funding / John McHale -- Privatization of electricity and telecommunications in Ireland / Moore McDowell -- Has Ireland outgrown its clothes? Infrastructural and environmental constraints in Ireland / John Fitz Gerald -- Ireland in the 1990s : the problem of unbalanced regional development / Michael J. Keane -- Ireland's social safety net / Eithne Fitzgerald -- The celtic tiger : a view from the trenches of academia / Michael P. Mortell -- Foreign direct investment : the case of the electronics and pharmaceuticals industries / Joe Durkan -- The Irish economy : recent experience and prospects / Mark Cassidy -- Nurturing indigenous entrepreneurship in Ireland : the case of the it software sector / Connell Fanning, Ciaran Murphy -- Monetary and fiscal policy in EMU / Rodney Thom
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 7
    UID:
    almahu_9949285173702882
    Format: XXXVIII, 394 p. , online resource.
    Edition: 1st ed. 2004.
    ISBN: 9781402078989
    Series Statement: The Milken Institute Series on Financial Innovation and Economic Growth ; 5
    Content: Robert L. Bartley Editor Emeritus, The Wall Street Journal As this collection of essays is published, markets, regulators and society generally are sorting through the wreckage of the collapse in tech stocks at the turn of the millennium. All the more reason for an exhaustive look at our last "bubble," if that is what we choose to call them. We haven't had time to digest the lesson of the tech stocks and the recession that started in March 2001. After a decade, though, we're ready to understand the savings and loan "bubble" that popped in 1989, preceding the recession that started in July 1990. For more than a half-century, we can now see clearly enough, the savings and loans were an accident waiting to happen. The best insurance for financial institutions is diversification, but the savings and loans were concentrated solely in residential financing. What's more, they were in the business of borrowing short and lending long, accepting deposits that could be withdrawn quickly and making 20-year loans. They were further protected by Regulation Q, allowing them to pay a bit more for savings deposits than commercial banks were allowed to. In normal times, they could ride the yield curve, booking profits because long-term interest rates are generally higher than short-term ones. This world was recorded in Jimmy Stewart's 1946 film, It's a Wonderful Life.
    Note: What Have We Learned from the Thrift and Banking Crises of the 1980s? -- The Savings and Loan Debacle: A Perspective from the Early Twenty-First Century -- Some Hope for the Future, after a Failed National Policy for Thrifts -- Regulatory Regimes and Markets: The Case of Savings and Loans -- The Savings and Loan Crisis: Unresolved Policy Issues -- Macroeconomic Sources of the U.S. Savings and Loan Crisis -- What Lessons Might Crisis Countries in Asia and Latin America Have Learned from the Savings and Loan Mess? -- The Lessons of U.S. Savings and Loan Institutions: and International Development Perspective -- The Lesson of Lincoln: Regulation as Narrative in the Savings and Loan Crisis -- Lincoln Savings: a Coda -- The U.S. Savings and Loan Crisis in Hindsight 20 Years Later -- The Savings and Loan Crisis: Five Illustrative Case Studies -- Summing up: Do Savings and Loans Provide a Useful Perspective? -- A Roundtable on the Savings and Loan Crisis.
    In: Springer Nature eBook
    Additional Edition: Printed edition: ISBN 9781475788556
    Additional Edition: Printed edition: ISBN 9781402078712
    Additional Edition: Printed edition: ISBN 9781475788549
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 8
    UID:
    almahu_9947363395902882
    Format: X, 546 p. , online resource.
    ISBN: 9788847021075
    Content: This book, dedicated to the memory of Gian-Carlo Rota, is the result of a collaborative effort by his friends, students and admirers. Rota was one of the great thinkers of our times, innovator in both mathematics and phenomenology. I feel moved, yet touched by a sense of sadness, in presenting this volume of work, despite the fear that I may be unworthy of the task that befalls me. Rota, both the scientist and the man, was marked by a generosity that knew no bounds. His ideas opened wide the horizons of fields of research, permitting an astonishing number of students from all over the globe to become enthusiastically involved. The contagious energy with which he demonstrated his tremendous mental capacity always proved fresh and inspiring. Beyond his renown as gifted scientist, what was particularly striking in Gian-Carlo Rota was his ability to appreciate the diverse intellectual capacities of those before him and to adapt his communications accordingly. This human sense, complemented by his acute appreciation of the importance of the individual, acted as a catalyst in bringing forth the very best in each one of his students. Whosoever was fortunate enough to enjoy Gian-Carlo Rota's longstanding friendship was most enriched by the experience, both mathematically and philosophically, and had occasion to appreciate son cote de bon vivant. The book opens with a heartfelt piece by Henry Crapo in which he meticulously pieces together what Gian-Carlo Rota's untimely demise has bequeathed to science.
    Note: Ten abandoned gold mines -- The Fubini Lectures -- Foreword -- The adventures of measure theory -- What is invariant theory, really? -- Twelve problems in probability no one likes to bring up -- Recurrent Themes of Gian-Carlo Rota’s Mathematical Thought -- Resolution of Weyl modules: the Rota touch -- Circulant recursive matrices -- Remarks on Invariant geometric calculus. Cayley-Grassmann algebras and geometric Clifford algebras -- Grassmann geometric calculus, invariant theory and superalgebras -- Rota-Metropolis cubic logic and Ulam-Rényi games -- Umbral nature of the Poisson random variables -- A formal theory of resultants (I): an algorithm in invariant theory -- A formal theory of resultants (II): a constructive definition of the resultant -- Focus on Catalan Numbers and Combinatorics on Words -- Foreword to the surveys by Aigner and Perrin -- Catalan and other numbers: a recurrent theme -- Enumerative combinatorics on words -- Algebraic Combinatorics and Theoretical Computer Science -- Alphabet splitting -- Some operations on the family of equivalence relations -- Solving linear recurrences using functionals -- Polynomiality of the q, t-Kostka revisited -- A combinatorial approach to the theory of Pi-algebras and exponential growth -- On the permanent of certain circulant matrices -- Episturmian words and morphisms (results and conjectures) -- A curious characteristic property of standard Sturmian words.
    In: Springer eBooks
    Additional Edition: Printed edition: ISBN 9788847021594
    Language: English
    Keywords: Aufsatzsammlung ; Festschrift
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 9
    Online Resource
    Online Resource
    Dordrecht : Springer Netherlands
    UID:
    b3kat_BV045185923
    Edition: Fourth Edition
    ISBN: 9789401529020
    Content: During the occupation of the Netherlands the Germans made it impossible to carry out any maintenance work on our shores or any sounding, soil investigation or current-measurement work off the coast, in the estuary of the ScheIdt or in the channels between the Frisian Islands. The w'Ork of Dr. Jahan van Veen, then leader 'Of this survey, therefore came to a standstill. He then came to me and asked me to give him some task, so that he, an indefatigable worker, could continue to have work, the best antidote against the German poison, which affected only permanently unempl'Oyed men. I knew his love for the history of our traditional handling 'Of the defence against the water. An all-round study had never been published, fDr in normal times a man with full knowledge of this type 'Of work cannot find time fDr such a study, as water is our everlasting enemy, which must be kept under continual close observation. Fr'Om Dr. van Veen's book it will be olear that the Dutch manner of dredging, draining and reclaiming is a combination of traditions inherited from our ancestors and applied science to cope with modern demands. This tradition is in 'Our blood. A more intimate knowledge of it will, I hope, furnish a key to some of the salient points in our national character
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9789401517485
    Language: English
    Keywords: Niederlande ; Landgewinnung ; Dränung
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 10
    UID:
    b3kat_BV046871678
    Format: 1 Online-Ressource (XVIII, 209 p. 23 illus)
    Edition: 1st ed. 2004
    ISBN: 9781402080326
    Content: This book attempts to explain what went wrong in California’s restructured energy markets and what must be done to restore California’s economy and build new electricity systems. The intention here is to reconcile the principles of competition and regulation. California had a severe electricity crisis for about thirteen months beginning in May of 2000. The economic consequences and political fallout that arose from this crisis persist. California’s economy continues to suffer and the state’s treasury is deeply in debt. The state’s three investor-owned utilities were nearly financially decimated. San Diego Gas & Electric has recovered to a greater degree than the other two only because its retail prices are about three times the national average and, for a time, well above the other two IOUs in California. Southern California Edison has recently been restored to investment grade and was granted a rate increase. Pacific Gas & Electric is emerging from bankruptcy. This book discusses all of this in greater detail. The problems and consequences arising from California’s ill-fated foray into electricity market restructuring could damage the state for years to come. Challenges of this nature are not new to the Golden State. In the past, as we explain here, pragmatic, not entrenched, approaches have worked best in California. If California is to relatively quickly restore its previous enviable economic vitality and recover from the damage done to tarnish its luster, pragmatic approaches must again be used
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9781475788334
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9781402076923
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9781475788327
    Language: English
    Subjects: Economics
    RVK:
    Keywords: Kalifornien ; Elektrizitätsversorgung ; Krise ; Kalifornien ; Elektrizitätsmarkt
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
Did you mean the beat times?
Did you mean the best tides?
Did you mean the best temes?
Close ⊗
This website uses cookies and the analysis tool Matomo. Further information can be found on the KOBV privacy pages