Models and managerial

Xem 1-20 trên 27 kết quả Models and managerial
  • We develop and implement a framework in which prior views and empirical evidence about pricing models and managerial skill can be incorporated formally into the invest- ment decision. Our framework relies on a set of passive indexes or \assets," consisting of nonbenchmark assets as well as the benchmark assets prescribed by a pricing model. A common interpretation of alpha, the intercept in a regression of the fund's excess return on the benchmarks, is that it represents the skill of the fund's manager in selecting mispriced securities.

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  • Objectives include (1) familiarizing students with fundamental principles drawn from relevant theories that offer practical insights and solutions for solving business and managerial problems; (2) developing proficiency in identifying and analyzing problems and relating appropriate theory to practical situations; (3) promoting attitudes and competencies of intellectual curiosity and encouraging lifelong learning beyond completion of the degree program; and (4) aiding students in recognizing and developing the initiative, imagination, creativity, ethics, values, and judgment n...

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  • Biosystems and Biomaterials Division. The primary objective is to collaborate with or conduct research consistent with division projects in standards, measurement methods, and theoretical models that improve understanding and prediction of complex biological processes associated with environmental health, human health, and cell-based manufacturing.

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  • The dominant model of the ¢rm in Western economies is the limited liability company owned by shareholders, but the form varies signi¢cantly between countries. In some countries the control rights of the owners are limited by powers given to stakeholders who may share in the appointment and supervision of managers and in the determination of the enterprise’s objectives. In Germany, for example, large companies recognize the role of workers and other groups by giving them half the positions on the supervisory board that oversees the management board (Douma 1997).

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  • This book consists of a collection of articles describing the emerging and integrated area of Energy,Natural Resources and Environmental Economics. A majority of the authors are researchers doing applied work in economics, finance, and managemen science and are based in the Nordic countries. These countries have a long tradition of managing natural resources. Many of the applications are therefore founded on such examples.

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  • We ¯nd that when the hypothetical benchmarks are recognized as being unavailable for investment, there need not exist close substitutes for them in the universe of mutual funds. For an investor who believes completely in the accuracy of the Fama-French model and precludes managerial skill, the perceived maximum Sharpe ratio is only 66 percent of what could be achieved by direct investment in that model's benchmarks. For a believer in the Carhart four-factor model, the corresponding value is 54 percent.

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  • Other content-driven online resources include the aforementioned smarthistory.org and the Google Art Project. Although these center on the art world, they are not resources centrally intended for user contribution. They still entertain the format of the textbook, with one or several authors prescribing the material and methods of content to study. GDHit attempts to provide faculty and students with the online tools to publish works and content both collaboratively and individually. In the graphic design field, there are very few online content-driven applications. Beyond TDE.

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  • In the subsequent section, we commence with the description of environmental inno- vation types and how these types are addressed in our analysis. Section 3 reviews the litera- ture on trends and determinants pertaining to the shift from end-of-pipe to cleaner production. Section 4 provides a descriptive summary of our data set. In Section 5, we analyze the deci- sion between end-of-pipe and cleaner production technologies using a multinomial discrete choice model.

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  • We’ve modeled 2 ends of the market structure: Competitive market and monopoly. Now we look at cases in between ( N = small ). Oligopoly is market or industry dominated by a small number of firms, whose decisions (price, output, marketing) are interdependent. In chapter 5, we will discuss this problem.

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  • Chapter 4 - Basic estimation techniques. After completing this unit, you should be able to: Set up a regression equation that can be estimated using a computerized regression routine, interpret and understand how to use the computer output to investigate problems that are of interest to managers of a firm, specify a relation or model between a dependent variable and the appropriate independent variable(s) that can be estimated using regression techniques,...

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  • Chapter 15: Target costing and cost analysis for pricing decisions. After completing this chapter, you should be able to: List and describe the four major influences on pricing decisions, explain and use the economic, profit-maximizing pricing model, set prices using cost-plus pricing formulas, discuss the issues involved in the strategic pricing of new products,...

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  • Diagnostic models: An introduction Traditional diagnostic models can be categorized as descriptive models or normative models. Determines the direction of change and the od practitioner helps the client get there. most diagnostic models fit under the “descriptive” category.

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  • Fourth, the model provides a rational to the empirical …nding that volatility factors are priced in the cross section of stock returns. In the current model, stock return volatility factors are driven by systematic risk factors: sentiment and solvency risks. These factors, which drive volatility factors, are shown to be priced across di¤erent stocks in an equilibrium consumption CAPM.

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  • Chapter 4 - Basic estimation techniques. After completing this unit, you should be able to: Set up a regression equation that can be estimated using a computerized regression routine, interpret and understand how to use the computer output to investigate problems that are of interest to managers of a firm, specify a relation or model between a dependent variable and the appropriate independent variable(s) that can be estimated using regression techniques,...

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  • Pacing through second decade of the 21th century, more computer users are widely adopting technology-based tools and information-enriched databases to focus on supporting managerial decision making, reducing preventable faults and improving outcome forecasting. The goal of decision support systems (DSS) is to develop and deploy information technology-based systems in supporting efficient practice in multidiscipline domains. This book aims to portray a pragmatic perspective of applying DSS in the 21th century.

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  • Some twenty five countries have experimented with environmental accounting over the past twenty years. A few European countries have established physical accounting systems which are routinely compiled and applied to economic and environmental policy-making. Many other countries have undertaken more limited or one-time experiments and case studies with monetary environmental accounts, focused on issues such as forestry, soil erosion, and minerals depletion. A few examples suggest the richness of their experience.

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  • A major shift in the perception of the fundamentals of marketing is taking place. The shift is so dramatic that it can, no doubt, be described as a paradigm shift[21]. Marketing researchers have been passionately convinced about the paradigmatic nature of marketing mix management and the Four P model[22]. To challenge marketing mix management as the basic foundation for all marketing thinking has been as heretic as it was for Copernicus to proclaim that the earth moved[23, 24].

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  • The third component of the model was demonstrable results. Capitalizing on PSI’ results-based system, Roberts felt that advertising the concrete results of PSI’ interventions would increase the effectiveness of the marketing effort and len legitimacy to the cause. Results had the power to convince the target audience an stimulate fundraising, which would in turn allow PSI to do even more. In addition to promoting PSI’s work in general, publicizing the results of YouthAIDS specifically would also be important. This could directly dovetail into cause-relate marketing efforts.

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  • We construct optimal portfolios of equity funds by combining historical returns on funds and passive indexes with prior views about asset pricing and skill. By including both benchmark and nonbenchmark indexes, we distinguish pricing-model inaccuracy from managerial skill. Even modest con¯dence in a pricing model helps construct portfolios with high Sharpe ratios. Investing in active mutual funds can be optimal even for investors who believe active managers cannot outperform passive indexes. Optimal portfolios exclude hot-hand funds even for investors who believe momentum is priced.

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  • The Study Team will make and define a series of assumptions about future land use, urban development, climate, geomorphic processes, the agricultural drainage system, and watershed management in the MRB. These assumptions will be used as input variables in the model system to simulate future (some specified year, e.g., 2025) conditions. The small watershed, large watershed, and river water quality model systems will be used to simulate future (without projects or change in management) conditions of system hydrology, loading rates, and Minnesota River water quality conditions.

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