All Stories
- A Brilliantly Formulated Asset Pricing Model can be Intrinsically Flawed
Article
- A Reminder that, in First-Best Equilibriums, Risk Premiums are not Directly Spanned by any of Uncertainty Risk, Volatility Risk, or Aggregate Risk
Article
- Perhaps, the 'Glamor' Label Embeds a Type I Error', Plus More Likely than Not, the Phenomenon that Is, 'Momentum then Reversals' is Induced by a Uniquely Specified General Equilibrium Boundary that Bounds Firms' Evolutionary Cycles
Article
- A Structure for Spanning Heterogeneous Realizations of Systemic Discount Rates
Article
- A Parsimonious Analytically specified General Equilibrium Structure that Spans Discount Rates
Article
- Choice Under Certainty vis-a-vis Choice Under Uncertainty: Dichotomy of Equilibriums
Article
- Rationally Evolving Satisficing and Progression in Virtue Ethics
- For Each of Labor, Firms, or Households, a Specific Non-Invertible Improvement To Cost Efficiency Is, Relative to an Improvement to Production Time Savings, a Less Ambiguous Welfare Concept
Article
- Epistemology, Mathematical Formalism and Appropriate Mathematical Formalism
- Policy-Wise when Exactly are we Going to act on the Evidence that a Socioeconomy that Functions as an Innovation Ecosystem Pareto Dominates a Competing Socioeconomy that Functions as an Output Ecosystem?
- A New 'Instrumental' Empirical Structure for Assessing the Qualitative (Welfare) Effects of any Monetary Policy Ideology
- Measuring Innovativeness: The Dominance of a Ranking of the Ordinal Utility from Consumption
Article
- A Pragmatic and Proactively Formulated Infinite Life Ever Relevant Fiscal Policy
Article
- Outside of a sole globally risk averse agent, all other agents in markets are risk seeking agents
Article
- The Underwriting of IPOs is Credible
Article
- A Probabilistic Structure for the Evolution of An Economy that Is Robust to Each of Agents' Intentionality, Behaviors, and the Feasibility of Unanticipated Events
Article
- Formal Theoretical Evidence that Rationality Consists in 'Moral Actions' and Morality Has, Explicitly Parameterization as, Altruism
- Equilibrium of Relations that subsist between the Activities of Consumption and the Activities of Innovation
Article
- An Analytical Structure for Inferring the ‘Uncertainty Risk Profiles’ of Individual Assets or Portfolios of Assets
- Absent the Availability of a Specific Market Metric, Signaling Does not Facilitate Game Theoretic Equilibriums that Are 'globally Fully Revealing'
Article
- On the Mitigation of Valuation Uncertainty Risk: the Importance of a Robust Proxy for the 'cumulative State of Market Incompleteness'
- Rationality, Efficiency, the Law of Large Numbers, and the Structure of Innovation: Interrelationships
- Any and All Effort for Maintenance of Consistency are Inimical to the Maintenance of Rationality
Article
- New Insights From the Derivation of the Rationality of the Requirement of a Pricing Martingale From Ënativeíprinciples of Asset Pricing
- A Self Propagating Measure for the 'Cumulative State of Market Incompleteness'
Article
- Market Efficiency is not Evidence that Stock Price Processes conform with Rational Expectations
Article
- An Option Pricing Model that, endogenously, embeds the 'Volatility Smile'
Article
- Pricing of Idiosyncratic Risk: A Rubric for Inference of Each of Revealed Preferences, and Preferences That Best Match Up to Native Return Distributions of Individual Stocks
- It's Stochastic Dominance and Probabilistic Expected Utility Theory, Silly: Loss Aversion (a Concave Risk Premium Function) is Necessary Condition for Rationality of Risk Seeking Preferences
- Analytical Closed-form Parameterizations for Bounded Rationality of either of Overconfidence or Underconfidence
- Inferring Robustness of Implementations of Probabilistic (Formulations of) Expected Utility Theory: Some Standard Conditions
- Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions
- There Exists a Limiting Pareto Dominant Sequence for Listings of New Technologies in Stock Markets
- Should Rational Economic Agents Attempt to Exert 'Control' Over the Evolution of Their Risk Preferences?
- Every Non-globally Risk Averse Agent Has Parameterization, Necessarily as a Risk Seeking Agent
- Evidence that IPO Prices Have Yet to be Modeled Right
Article
- A Robust Economic, as Opposed to Industry Classification Nomenclature for Identification and Study of Corporate Diversification
- Refining the General Equilibrium Relation That Subsists Between Stock Returns, and Each of Investors Risk Preferences and Information Sets
- Everywhere Differentiable Continuums, Mathematical Spaces, and Axioms: Modeling of Financial Phenomena
Article
- Translating Economic Essence of the Independence Axiom into a General Equilibrium Mathematical Condition
- Modeling of Economic Growth Vis-a-Vis Modeling of Economic Development: Dichotomies Characteristic of General Equilibrium
- Patents, Patent Expirations, Offshoring of Jobs, and Incentives for Efforts at Innovation: General Equilibriums
Article
- Contextualizing Importance of Government for Progressiveness of Improvements to Welfare of Economic Agents
- Modeling of Ability, Effort, and now, `Effort Capacity': A Candidate General Equilibrium Structure
- Parameterizing the Utility of an Agent who is defined by, 'Decision Making'
Article
- Is it rational for policy makers to tolerate unemployment; and does there exist feasibility of, asymptotically, a full employment policy in capitalist economies?
- A Unifying Risk Measure
- Risk Aversion and Risk Seeking Preferences, which both are Fully Aware and Rational are Incompatible with Diminishing Marginal Utility for Wealth
- Innovation Futures, The Nature of Speculation, and Stock Valuations
- Do Carbon-14 Ages Reveal True Ages of Living Organisms?
- Carbon14 ages for Writing Surfaces - Paper, Papyri, or Parchment - can be deemed to be Robust
- Scientific Potpourri for Economic Development: Innovation, Growth and 'Relative Income Inequality'
Article
- A General Equilibrium Approach to Taxonomy of Institutional Proxies for Innovation Outcomes
- Intersection of REE and Probability Measure Theory: Getting Down to Brass Tacks
- Endogenous Technical Change and Convergence of Per Capita Income: New Theory and Evidence
- Non-queueing Equilibriums, Innovation Rates, Structure of Economies, and Venture Capital
- Preferences, Altruism, Technocracy, & Power Grabbing: Cumulative Effects on Equilibriums induced by Ability and `Doubtfulness'
- Parameterizing ‘Return Effort’ and ‘Return Effort Cost’ Within Venture Capital Markets
- From 'Rates of Innovation' to Measures for 'Innovation Quality and Culture'
- A Rubric for Estimation of Efficiency of Progression on a General Equilibrium Growth Path
- Innovation within Real Sectors, and Sequence for Arrival of Innovations within Stock Markets: Quandary or Conformance?
- Speed of Navigation vis-a-vis Quality of Innovation as Sources of Progression towards Steady State Equilibrium: Insights and Inferences
- Should VCs' Principals Specify Minimum Portfolio Returns to be Delivered by Venture Capitalists (VCs)?
- Parameterizing 'Curiosity' as Measure of Innovation Potential of Individual Economic Agents
- Time Series Inferences and Policy Initiatives in the Medical Space
- Wealth Conditions and Feasibility of Equivalence Between Funds Managers' and Investors' Risk Tolerances
- Benchmarking of State of Formal Theoretical Modeling in Realm of Finance
- If It Is Not Constructed As a ‘Market Completeness Metric,’ It Is Not a Market Completeness Metric
- The non-accusatory scientifically rooted rubric for ascertaining discrimination in job markets
- Applications of Utility Functions to Modeling of Expectations Are Non-Robust, Are ‘Out of Whack’
- On Aggregability of Risk Averse and Risk Seeking Preferences into One Representative Agent
- The Intertemporal Risk-Return Relation is Alive and Well, It's Interpretation? Not So Much
- Skewness Preference: Specialized Knowledge, Preference for Lotteries, or Deviations from Rational Expectations Equilibriums?
- Performance Effects of Diversification: Theory and Evidence on Importance of Nature of Information
- Unexpected, Yet True, Value Maximization Is a Rational Behavioral, as Opposed to Rational Expectations Valuation Rubric
- Absent agency problems, can conflict emerge between a pre-existing angel investor, and an entering venture capitalist?
- IPO Underpricing and Underwriting Spreads: Evidence for Dichotomy of Formation
- Rescuing Rational Expectations from Undeserved Ridicule
- Can an Agenda for Economic Development Be Premised on an Aggressive Program Built around Microfinance?
- Absent Imposition of 'Boundary Rationality Conditions', Can Evidence for Pricing of Behavioral Biases of Economic Agents Be Robust?
- Nestll Nigeria: Working Capital Management
- First Bank (Nigeria) Limited: Reframing of Core Business Philosophy
- Credible Underwriting and Reputation: Non-Contradiction of Higher IPO Underpricing
- A New Test of the Signaling Theory of IPO Underpricing
- Using the Single Crossing Property to Test for Presence of Two Agents in Stock Markets: A Research Note
- IPO Signaling Theory: A Revisit
- Rationality of Deviations between Fundamental Valuations, and Market Valuations
- Are Fund Alphas Robust Proxies for Funds Managers' Managerial Skill?
- Valuation Implications of Market Incompleteness: A Robust Empirical Characterization of Stock Market Incompleteness
- Trade Balances. Inflation, and Monetary Efficiency
- Reputation Estimates for Venture Capital Firms
- Funds Managers: Can ability be independent of risk tolerance?
- Estimation of Firms' Market Reputation: A Platform for Pragmatic Progress
- Ability, Market Volatility, and Heterogeneity in Risk Aversion
- Parameterizing Opportunity Set Risk and Search Costs within Venture Capital Markets
- Syndication, Ability, and Price Equilibriums within Venture Capital Markets
- Venture Capital and Economic Development
- New Keynesian Theory & Benchmarking of Monetary Efficiency
- Innovation and Venture Capitalists' Market Reputation
- Self Directed vis-a-vis Firm Directed Career Paths
- Market Power, Loan Market Diversification, and Risk-Return Trade-Offs within Banking Sectors
- Market Reputation, Innovation or Synergistic Partnerships, and Syndication Activities within Venture Capital Markets
- Exchange Status, Ability Status, and Reputation within Venture Capital Markets
- Revisions in Fund Flows and Market Reputation Estimates within Venture Capital Markets
- CAPM and Tests of Market Efficiency
- Consolidation, Savings Deposits, and Profitability
- Financing, Investments, Inflation, and Exchange Rates
- Price Discovery within Foreign Exchange Markets and the Severity of Information Risk
- Political Events and Investor Responses
- Regime Switches in Adverse Selection Problems within IPO Markets: Implications for Intertemporal Variations in the Determination of IPO Underpricing
- Farm Data, Agency Problems, and Free Cash Flow Theory
- Crude Oil Prices, Risk Preferences, and Market Returns
- Consolidation within the Banking Sector and Savings Deposits: Effects on Liquidity, Output, and Profitability within the Nigerian Economy
- Exchange Rate Predictability and the Skewness of Bid-Ask Spreads
- Exit Rates, Ability, and Risk
- How Important is Innovation for Venture Capitalists' (VCs') Market Reputation?
- New Keynesian Theory, Exchange Rate Regimes, and Research Designs
- Can Interactions between Financing and Investment Activities Have Dissimilar Effects on Inflation and Exchange Rates?
- Information Production within the Venture Capital Market: Implications for Economic Growth and Development
- Profitability, Depreciation Pressure, and Exchange Rate Regimes
- Credit Market Imperfections, Monetary Policy Shocks, and Trade Credit Durations
- Risk Aversion and Production Efficiency in Agriculture
- Impact of Agricultural Financing on Farmers' Activities
- CAPM Specifications for tests of Market Efficiency
- Sticky Prices for Foreign Capital: Implications for Savings-Investments Equilibriums
- The Price Effects of Fannie Mae's Liquidity Provision Activities within the Secondary Market for Mortgage Backed Securities
- Performance Reversals within Venture Capital Markets
- Investor protections and their impact on capital markets
- Skewness Preference and Risk Seeking Behavior
- Do Specialist Fund Managers Possess Superior Project (Stock) Picking Ability?
- Bargaining Power, Adverse Selection Problems, and Entrepreneurs' Choice of Venture Capitalists
- Demand for New Risky Equity and Prices in Public Equity Markets
- Law, Finance, and Venture Capitalists' Asset Allocation Decisions
- Entrepreneurs and Choice of Venture Capitalists