By formulating a nested test of the asymmetric response model of Bawa, Brown, and Klein (1981), the mean-lower partial moment CAPM (LPMCAPM) of Bawa and Lindenberg (1977) and the mean-variance CAPM of Sharpe (1963, 1964), Lintner (1965) and Mossin (1969), this paper investigates the relative merits of symmetric and asymmetric risk measures using UK equity data for di®erently sized companies and...

Nanomedicine aims to apply and further develop nanotechnology to solve problems in medicine, related to diagnosis, treatment and/or disease prevention at the cellular and molecular level (Feng, 2006; Feng and Chien, 2003). Nanomedicine by nature is interdisciplinary, with benefits being realised at the interface of science and engineering, physical science and engineering, chemical science and ...

In this paper, we extend Fishburn’s convex stochastic dominance theorem to include any distribution function. This paper also considers risk takers as well as risk averters, and discusses third order stochastic dominance. We apply separation and representation theorems to obtain a concise alternative proof of the theorem. Our results are used to extend a theorem of Bawa et.al. on comparison bet...

Diane Hardy, Chief Microbiologist, Regeneron Brian L. Bell, Senior Scientist, Bristol-Myers Squibb Ren-Yo Forng, Site Microbiologist, Astra Zeneca Michael Knight, Senior Manager QC Microbiology, Genentech Anita Bawa, Director QC, Bayer Stephanie Ramsey, Manager Quality Systems, Baxter Christine Arbesser-Rastburg, Director Quality Operations / Microbiology, Baxter Mousumi Paul, Associate Directo...