Auflistung Wirtschaftswissenschaftliche Fakultät nach Titel
Anzeige der Publikationen 604-623 von 1448
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2002-05-15BuchI want YOU! We study whether selection affects motivation. In our experiment subjects first answer a personality questionnaire. They then play a 3-person game. One of the three players decides between an outside option assigning him ...
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2013-01-31Diskussionspapier‘I'll do it by myself as I knew it all along’ With the help of a simple model, we show that the hindsight bias can lead to ineffcient delegation decisions. This prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup ...
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2015-01-08DiskussionspapierIdentifying Berlin's landvalue map using AdaptiveWeights Smoothing We use Adaptive Weights Smoothing (AWS) of Polzehl and Spokoiny (2000, 2003, 2006) to estimate a map of land values for Berlin, Germany. Our data are prices of undeveloped land that was transacted between 1996-2009. Even ...
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2011-05-20DiskussionspapierIdentifying the Effect of Temporal Work Flexibility on Parental Time with Children It is recognized that employment policies must grant flexibility to theworking schedules to allow parents to reconcile family and work. By exploiting the particularity of the East German labor market, I identify the causal ...
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2007-04-23DiskussionspapierIdeology Without Ideologists Generally, Democrats do not increase military spending, and Republicans do not raise welfare payments. Mostly, ruling politicians stick to the manifesto of their party. The current paper provides a theoretical explanation ...
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1997-07-08BuchIll-posed inverse problems and their optimal regularization The regularization of ill-posed systems of equations is carried out by corrections of the data or the operator. It is shown how the efficiency of regularizations can be calculated by statistical decision principles. The ...
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2010-02-04DiskussionspapierIlliquidity and Derivative Valuation In illiquid markets, option traders may have an incentive to increase their portfolio value by using their impact on the dynamics of the underlying. We provide a mathematical framework within which to value derivatives ...
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2006-01-27BuchImage Denoising The paper is concerned with the problem of image denoising for the case of grey-scale images. Such images consist of a finite number of regions with smooth boundaries and the image value is assumed piecewise constant within ...
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2006-12-21DiskussionspapierImitation with Intention and Memory Three results emerge from a simple experiment on imitation. First, I find behavior which strongly suggests an intention to imitate. Second, players imitate successful other players rather than repeating successful actions. ...
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2005-10-13BuchImmobilienbewertung mit dem Realoptionsverfahren Die vorliegende Studie untersucht den Realoptionsansatz als Bewertungsverfahren für unentwickelte Immobilien. Im Gegensatz zu klassischen Bewertungsverfahren berücksichtigt das Realoptionsverfahren explizit die Unsicherheit ...
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2000-01-01BuchImplementing Efficient Market Structure
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2012-01-11DiskussionspapierImplementing quotas in university admissions Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a ...
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2016-10-26DiskussionspapierImplications of Shadow Bank Regulation for Monetary Policy at the Zero Lower Bounds Counter to the credit channel of monetary transmission, monetary policy tightening induces a rise in lending by two different types of non-bank financial institutions (NBFI): shadow banks and investment funds. A monetary ...
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2012-11-14DiskussionspapierImplied Basket Correlation Dynamics Equity basket correlation is an important risk factor. It characterizes the strength of linear dependence between assets and thus measures the degree of portfolio diversification. It can be estimated both under the physical ...
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2009-01-01DiskussionspapierImplied Market Price of Weather Risk Weather influences our daily lives and choices and has an enormous impact on cooperate revenues and earnings. Weather derivatives differ from most derivatives in that the underlying weather cannot be traded and their market ...
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2005-03-01DiskussionspapierImplied Trinomial Trees Implied trinomial trees (ITTs) present an analogous extension of trinomial trees proposed by Derman, Kani, and Chriss (1996). Like their binomial counterparts, they can fit the market volatility smile and actually converge ...
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2003-12-08BuchImplied Volatility String Dynamics A primary goal in modelling the dynamics of implied volatility surfaces (IVS) aims at reducing complexity. For this purpose one fits the IVS each day and applies a principal component analysis using a functional norm. This ...
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2014-09-26DiskussionspapierImproved volatility estimation based on limit order books For a semi-martingale Xt, which forms a stochastic boundary, a rate-optimal estimator for its quadratic variation hX;Xit is con- structed based on observations in the vicinity of Xt. The problem is embedded in a Poisson ...
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2006-05-02DiskussionspapierIn Search of Non-Gaussian Components of a High-Dimensional Distribution Finding non-Gaussian components of high-dimensional data is an important preprocessing step for effcient information processing. This article proposes a new linear method to identify the ``non-Gaussian subspace´´ within a ...
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2009-04-24DiskussionspapierIncorporating the Dynamics of Leverage into Default Prediction A firm’s current leverage ratio is one of the core characteristics of credit quality used in statistical default prediction models. Based on the capital structure literature, which shows that leverage is mean-reverting to ...