In this paper a production inventory model for the newly launched product is developed incorporating the effect of inflation and time value of money. The objective of this study is to find the economic production quantities. It is assumed that demand of the items is displayed stock dependent. Production is stopped when the stock-level reached to level Q and Q0 is the fixed stock-level. In this ...

We develop a finite horizon continuous time market model, where risk averse investors maximize utility from terminal wealth by dynamically investing in a risk-free money market account, a stock, and a defaultable bond, whose prices are determined via equilibrium. We analyze the endogenous interaction arising between the stock and the defaultable bond via the interplay between equilibrium behavi...

Abstract To efficiently assess the performance of investing in stocks rather than a bank account for long run, stochastic interest rate modelling is advocated. We introduce correlated model that addresses this problem. derive analytic formulas general spectral risk measures our setting, and apply results to Value at Risk, Expected Shortfall GlueVaR. characterize short- long-term behaviour these...

The Equity Default Swaps (EDS) has rapidly grabbed an increasing market share and hence drawn lots of attention recently. This newly invented financial instrument is designed to insure that if the underlying stock price drops to a specified low boundary during certain time horizon, the contract seller compensates the buyer by a designated amount of money. For instance, IBM stock is now traded a...

Two studies tested whether narcissists are prone to making risky stock market investments. In Study 1, narcissistic participants reported being more inclined to invest in stocks that exhibited high volatility (i.e., large price fluctuations). In study 2, participants created hypothetical investment portfolios using a selection of real stocks whose values were tracked for a five-week period. Nar...

There has been significant work in the area of efficient market theory, information spill over, long and short term memory of time series data, rationality of markets and linkages of economic variables to the stock market returns. This study connects the all these dimensions market and thereby empirically testing the impact of information flow and information processing ability of the market us...

The notion that the quantity of money in an economy might be endogenously determined has a long history. Even so, it has never been part of mainstream economic thinking which has remained dominated by the view that the policymaker somehow controls the stock of money and that interest rates are market-determined. However, the need to design and operate a monetary policy that works for modern eco...