The household's decision to invest in a home is complicated by the fact that owner-occupied housing plays a dual role as both a physical good generating housing services, and as a component of the wealth portfolio. For many homeowners, housing represents both the largest single element of the monthly expenditure, and the most important asset in the wealth portfolio. Given the availability of re...

Instructional media such as computer conferencing engender high levels of student-student and student-teacher interaction; therefore, they can support models of teaching and learning that are highly interactive and consonant with the communicative ideals of university education. This potential and the ubiquity of computer conferencing in higher education prompted three of the authors of the thi...

Classic, and Explicit Turnpikes Paolo Guasoni · Constantinos Kardaras · Scott Robertson · Hao Xing Received: date / Accepted: date Abstract Portfolio turnpikes state that, as the investment horizon increases, optimal portfolios for generic utilities converge to those of isoelastic utilities. This paper proves three kinds of turnpikes. In a general semimartingale setting, the abstract turnpike s...

This study aims at getting a better performance for optimal stock portfolios by modeling stocks prices dynamics through a continuous paths Levy process. To this end, the share prices are simulated using a multi-dimensional geometric Brownian motion model. Then, we use the results to form the optimal portfolio by maximizing the Sharpe ratio and comparing the findings with the outputs of the conv...

in this thesis we predict asymmetric risk premium in bothvalue and growth stock portfolios. there are two competingapproaches to explain value premium: market over-reactionhypothesis based on which agents overstate future returns on growthstock, and rational market risk hypothesis that says value stocks areinherently riskier than growth stocks. rational market riskhypothesis has two different e...

The purpose of the current study was to analyze the relationship between automated essay scoring (AES) and human scoring in order to determine the validity and usefulness of AES for large-scale placement tests. Specifically, a correlational research design was used to examine the correlations between AES performance and human raters’ performance. Spearman rank correlation coefficient tests were...