The Value of Liquidity investments and derivatives space, and this paper provides some quantitative insights on the value of liquidity. Abstract We present a game-theoretic example that helps to illustrate the value of liquidity. These insights are applicable to hedge fund investors since hedge funds have different lock-up and redemption terms. This game also shows the danger of relying on intu...

one of the major issues in dam construction is water seepage, post impounding. assessment and prediction of the amount of waterleakage can be useful in preventing such events. the seymareh dam has been constructed on the seymareh river in ilam province,southwest of iran. the dam controls the floods and generates hydroelectric power. it is already under impoundment and the seepageproblem is bein...

objective: health and medicare issue plays a vital role in socio-economic life of the people in any society. that is why most of the economic planners expect much more from public health sector, including creating jobs, revenues and healthy social opportunities in addition to basic health necessities. the main objective of the present study is to measure the level of development of different pr...

for an n-by-n complex matrix a in a block form with the (possibly) nonzero blocks only on the diagonal above the main one, we consider two other matrices whose nonzero entries are along the diagonal above the main one and consist of the norms or minimum moduli of the diagonal blocks of a. in this paper, we obtain two inequalities relating the numeical radii of these matrices and also determine ...