Sovereign risk and financial crises

Sovereign risk and financial crises play a key role in current international economic developments, particularly in the case of economic downturns. As the Asian economic crisis in the late 1990s revealed once again, financial crises are the rule rather than the exception in capitalist economies ...

Stochastic implied volatility

a factor-based model

This book presents a factor-based model of the stochastic evolution of the implied volatility surface. The model allows for the integrated and consistent pricing and hedging, risk management, and trading of equity index derivatives as well as volatility derivatives. In the first part, the book ...

Empirical finance

modelling and analysis of emerging financial and stock markets

The emphasis of this book is on understanding special characteristics of the financial systems of emerging markets, where the existence of market imperfections such as asymmetric information, adverse selection and moral hazard can cause financial market failures. Considering the Thai stock market as an example ...

Intellectual Property management

the role of technology-brands in the appropriation of technological innovation

The book investigates the interplay of brand equity and technological assets at the corporate level. In a grounded theory approach it develops a model of how companies in technology intensive industries can improve the appropriation of the returns of their intangible technological assets with the ...

Sustainable development and innovation in the energy sector

Almost every energy scenario assumes an enormous growth in the demand for energy in the coming decades. Meanwhile, at international conferences and other venues, the primary concern is massive reduction of greenhouse gas emissions, especially of the CO2 produced by fossil-fuel energy consumption. Experts also ...

Beyond Kyoto

a new global climate certificate system: continuing Kyoto Commitments or a global'Cap and trade'scheme for a sustainable climate policy?

This balanced analysis presents news from the #climate-protection front#. On the down-side, neither the current 'Kyoto-Protocol' Climate Protection System with (legally binding) commitments by major countries to reduce or limit their greenhouse gas emissions nor various proposals for improving the commitment system are capable of ...

Social Security, demographics, and risk

The effective tax burden of companies in European Regions

an international comparison

Theory justice and social change

theoretical integrations and critical aplications

Throughout history, social and intellectual crises have given rise to compelling suggestions for reform steeped in various progressive sensibilities. For example, within the discipline of criminology -- particularly during the 1980's and 1990's -- a number of unconventional theoretical perspectives emerged that sought to challenge ...

After Bourdieu

influence, critique, elaboration

Integrated governance and water basin management

conditions for regime change and sustainability

Essays in cooperative games

in honor of Guillermo Owen

The political theories of risk analysis

Visualizing the Sementic Web

XML-based Internet and information visualization

The Web has evolved from HTML quite dramatically over the last few years with revolutionary techniques for content and structural modeling, including XML (eXtensible Markup Language), RDF (Resource Definition Framework) and Topic Maps. Compared to HTML, the content of XML documents is enriched with semantic ...

Ontological engineering

with examples from the areas of knowledge management, e-commerce and the semantic Web

Ontologies provide a common vocabulary of an area and define, with different levels of formality, the meaning of the terms and the relationships between them. Ontological engineering refers to the set of activities concerning the ontology development process, the ontology life cycle, the methods and ...

Handbook on data management in information systems

Incomplete information and heterogeneous beliefs in continuous-time finance

This book considers the impact of incomplete information and heterogeneous beliefs on investor's optimal portfolio and consumption behavior and equilibrium asset prices. After a brief review of the existing incomplete information literature, the effect of incomplete information on investors' exptected utility, risky asset prices ...

European regional growth

This book is the outcome of three major influences. First, the ongoing integration of the European regional economies and the need to understand what this means for European economic and social cohesion. Second, the development of geo-economic theories ranging from neoclassical growth theory and endogenous ...

Computer-aided introduction to econometrics

Collaborative customer relationship management

taking CRM to the next level

Driven by rapidly changing business environments and increasingly demanding consumers, many organizations are searching for new ways to achieve and retain a competitive advantage via customer intimacy and CRM. In this context, new strategic frameworks and cooperation with everybody along the whole value chain are ...