this paper presents dynamic portfolio model based on the merton's optimal investment-consumption model, which combines dynamic synthetic put option using risk-free and risky assets. this paper is extended version of methodological paper published by yuan yao (2012) cite{26}. because of the long history of the development of foreign financial market, with a variety of financial derivatives, the ...

Under the tide of information economy, IT (information technology) capability greatly influences the ability of organizations to adapt to changes, and thereby to improve and preserve organizational task performance in the dynamic and complex business environment. This paper try to analyze the structure of IT capability from dynamic and routinebased perspective. According to the dynamic capabili...

I consider a model where a principal decides whether to produce one unit of an indivisible good (e.g. a private school) and which characteristics (emphasis on language or science) it will contain. Agents (parents) are differentiated along two dimensions: a vertical parameter that captures their privately known valuation for the good (demand for private education), and an horizontal parameter th...

in recent years, researchers have become interested in examining the effect of pettlep imagery on motor performance and how pettlep imagery can improve the performance. the aim of this study was to compare the effect of pettlep imagery and balance practice on dynamic balance in the elderly. participants were 42 male elderly in arak city. they were divided into 4 groups based on the scores of dy...