capital asset pricing model (capm) has been among the common models to estimate expected returns rate. since the linearity assumption is considered in the standard version of the capital asset pricing model, estimating beta in nonlinear setting will be inconsistent and bias-oriented. therefore, this study tries to evaluate predictive power of nonlinear capital asset pricing model as well as sta...

We study asset prices in an economy where investors derive direct utility not. Our model is influenced by prospect theory and by experimental evidence on how.We study asset prices in an economy where investors derive direct utility not. Of our model is influenced by prospect theory and by experimental evidence on.PROSPECT THEORY AND ASSET PRICES Authors: N. The point of this note is to explain ...

In recent years, the advent of electronic commerce has led to the creation of many new and interesting business models for Internet-based selling. In this paper, we will explore a variant of the typical dynamic pricing mechanism, in which buyers and sellers actively engage in the price discovery process, that emphasizes the power of group buying. Dynamic pricing approaches are used by many well...

We consider pricing of network resources in a reservation-based QoS architecture. The pricing policy implements a distributed resource allocation to provide guaranteed bounds on packet loss and end-to-end delay for real-time applications. Distributed pricing roles are assigned to each user, each network node, and an arbitrager in between the user and the network. We explore the characteristics ...

Sellers of perishable goods increasingly use dynamic pricing strategies as technology makes it easier to change prices and track inventory. This paper tests how accurately theoretical models of dynamic pricing describe sellers’ pricing behavior in secondary markets for event tickets, which are a classic example of a perishable good. It shows that some of the simplest dynamic pricing models desc...

One critical aspect of retailer category management is pricing the brands within the category in order to maximize total category profits. Unlike the manufacturer, a retailer must carefully assess how changes in brand prices affect substitution between brands and overall category profits. In this paper, we demonstrate that structural demand models have inherent advantages over commonly used non...

Sellers of perishable goods increasingly use dynamic pricing strategies as technology makes it easier to change prices and track inventory. This paper tests how accurately theoretical models of dynamic pricing describe sellers’ pricing behavior in secondary markets for event tickets, which are a classic example of a perishable good. It shows that some of the simplest dynamic pricing models desc...

We consider power control in multi-terminal networks and study its impact on secrecy capacities of transmitreceive pairs. Note that most approaches in the current literature on secrecy capacity consider only single terminals. Impact of power control on secrecy capacity has seldom been studied. This paper investigates a new approach using the theory of M−matrices to utility based power control w...

Nowadays, traffic management policy in metropolitans is focused on increasing the share of public transit. The limitation of supply and slowing growth of road infrastructures have provided congestion for users who choose personal cars. Therefore, applying demand management policies which decrease the utility of personal cars and increase the tendency to public transit can be very important. Con...