Search results

Items from 1 to 6 out of 6 results

article

Endogenous divorce risk and investment

Andrew Grant, Steve Satchell

Journal of Population Economics > 2019 > 32 > 3 > 845-876

This paper addresses issues of divorce, consumption and investment. Divorce, in our model, is a forward put option on a non-traded variable, marital quality. We endogenise divorce so that the future decision that the couple makes will depend, inter alia, on current consumption, current wealth, investment outcomes and marital quality. We suggest a number of specifications for the bivariate utility...

chapter

Raw Material Convenience Yields and Business Cycle

Chang-Wen Duan, William T. Lin

Handbook of Quantitative Finance and Risk Management > Risk Management > 915-931

This paper extends the methodology of Milonas and Thomadakis (1997) to estimate raw material convenience yields with futures prices during the period 1996 to 2005. We define the business cycle of a seasonal commodity with demand/supply shocks and find that the convenience yields for crude oil and agricultural commodity exhibits seasonal behavior. The convenience yield for crude oil is the highest...

article

A two period pricing model for new fashion style launching strategy

Erfeng Zhou, Juzhi Zhang, Qinglong Gou, Liang Liang

International Journal of Production Economics > 2015 > 160 > Complete > 144-156

There is a trend in fashion product industry that firms launch new styles of their products more frequently. To investigate the optimal style launching strategy for a fashion firm, we propose a two-period pricing model for a fashion product firm. The firm sells a style of products in the first period as well as that he may utilize three different strategies in the second period, i.e., (i) the N-Strategy:...

article

Tax Evasion: Models with Self-Audit

Tingting Xiao, Ke Liu, Kin Keung Lai

Journal of Systems Science and Complexity > 2008 > 21 > 4 > 487-518

Different from traditional tax audit, supervision with self-audit is a combination of audit by the taxpayer himself and audit by the tax authority. This paper mainly studies a taxpayer’s optimal policy of tax evasion under supervision with self-audit and its related properties, in order to deduce some effective suggestions and theoretical bases to restrain tax evasion. Assuming that only a certain...

article

Fishery policy when considering the future opportunity of harvesting

Chung-Chiang Chen, Che-Yu Hsui

Mathematical Biosciences > 2007 > 207 > 1 > 138-160

Free access to a common pool of resource in a country may lead to over-exploitation and sacrifice future opportunities of harvesting. As such, the protection of a common fishery resource is worth investigating. In this paper we develop a two-period model and a multi-period model to analyze the optimal inter-temporal utilization of a finite resource of stock and propose to impose a tax on the harvest...

article

Oil convenience yields estimated under demand/supply shock

William T. Lin, Chang-Wen Duan

Review of Quantitative Finance and Accounting > 2007 > 28 > 2 > 203-225

This paper extends the call option model of Milonas and Thomadakis (1997) to estimate oil convenience yields with futures prices. We define the business cycle of a seasonal commodity with demand/supply shocks and find that the convenience yield for crude oil exhibits seasonal behavior. The convenience yield for West Texas Intermediate (WTI) crude oil is the highest in the summer, while that for Brent...

Filter options

Publication date

Set your own date range

INFONA - science communication portal

Search results

Endogenous divorce risk and investment

Raw Material Convenience Yields and Business Cycle

A two period pricing model for new fashion style launching strategy

Tax Evasion: Models with Self-Audit

Fishery policy when considering the future opportunity of harvesting

Oil convenience yields estimated under demand/supply shock

Add recipient

Sending message cancelled

Are you sure you want to cancel sending this message?

Send message

Filter options

Publication date

Date range setting

Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.

Publication type

Keywords

Data set

Reporting an error / abuse

Sending the report failed

Accessibility options