BALANCE SHEET SHAPING THROUGH A DECISION MODEL AND FUNDS TRANSFER PRICING

A Simple Funds Transfer Pricing Model for a Commercial Bank

Balance Sheet Effects on Option Pricing

A balance sheet structure including fixed assets, net working capital and risky long-term debt leads to a model for option pricing of the firm’s equity. Each of the financial components constitutes a source of risk. A hedge based on three distinct options and the stock enables risk neutral valuation and avoids the problems of lack of tradability of the assets and market incompleteness reflected...

Pricing Exchange Traded Funds

Exchange Traded Funds are equity issues of companies whose assets consist entirely of cash and shares of stock approximating particular indexes. These companies resemble closed end funds except for the unique feature that additional shares can be created or redeemed by a number of registered entities. This paper investigates the extent and properties of the resulting premiums and discounts of E...

Balance Sheet

A Decision - Tree Model of Balance

We present an alternative model of human cognitive development on the balance scale task. Study of this task has inspired a wide range of human and computational work. The task requires that children predict the outcome of placing a discrete number of weights at various distances on either side of a fulcrum. Our model, which features the symbolic learning algorithm C4.5 as a transition mechanis...