In this paper we present Geo Time Authentication (GTA), a prototype system that provides authenticity and integrity of cultural assets information. It has been conceived in the context of the CUSPIS project and afterwards it has been generalized to the context of assets and goods where problems of counterfeiting and thefts are prevalent. To prevent these crimes GTA adds to the usual asset infor...

We design an optimal strategy for investment in a portfolio of assets subject to a multiplicative Brownian motion. The strategy provides the maximal typical long-term growth rate of investor’s capital. We determine the optimal fraction of capital that an investor should keep in risky assets as well as weights of different assets in an optimal portfolio. In this approach both average return and ...

The current debate about slow recovery from the Great Deflation, accompanied by persistent threat of price deflation, has highlighted the relevance of liquidity as a necessary factor to ensure stability and growth. An important branch of the literature focuses on the Safe Assets (i.e., liquid assets which market values are highly resilient in terms of goods and services), and pays special atten...

Liquid assets play an important role in the financial system. They are generally defined as financial assets, such as cash and government securities, that can be readily used to fund payments, even in stressed market conditions. These assets are central to liquidity and credit risk management in financial markets. They are commonly used as collateral to obtain short-term funding and manage coun...

this paper examined the charge of circulating assets in common law jurisdiction. the aim was to know the way and basis that it is constituted and to find out its profits for creditors and also to find out its meaning and its impacts in market. the conclusion was that floating charge provides an appropriate security and benefits for the chargee and chargor, where chargee can achieve his benefits...

We broadly define liquid assets, or monetary assets, as any asset that can be readily sold in the market and can be held by a number of people in succession before maturity. We ask in what environment is the circulation of liquid assets essential for the smooth running of the economy. By developing a canonical model of a monetary economy (i.e., where the circulation of liquid assets is essentia...

This paper considers an economy in which the financial system provides intermediary services for founded and unfounded assets. Founded assets have real investments as underlying, the unfounded assets have not. Money is used for real and financial transactions. In particular, the money supplied to the financial system may be used to honor the payoff promises of unfounded assets rather than being...

Reuse is an important mechanism to increase productivity and to reduce time and costs during software development. Although source code is the most commonly reusable asset, other types of assets can also be reused, such as requirements, business processes, analysis and design models, etc. In this context, it is important that the knowledge about reusable assets and its management are available ...

This paper re-examines the performance of REITs, stocks, and fixed-income assets based on the preferences of risk-averse and risk-seeking investors using mean-variance and stochastic dominance approaches. Our findings indicate no first-order stochastic dominance and no arbitrage opportunity among these assets. However, our stochastic dominance results reveal that in order to maximize their expe...

Reusing assets during application engineering promises to improve the efficiency of systems development. However, in order to benefit from reusable assets, application engineering processes must incorporate when and how to use the reusable assets during single system development. However, when and how to use a reusable asset depends on what types of reusable assets have been created. Product li...