the introductory issue of the journal of financial research contains six articles in farsi and one in english. it also offers a glossary of financial terminology. the first article deals with the efficient capital market hypothesis , and is authored by dr. ali jahankhani & hussein abdoh tabrizi. it explains the concept and theories of capital market efficiency and their historical development i...

 Based on the recent literature of heterogeneous firms, productive firms self select themselves into foreign markets. In this framework, there is a productivity rise prior to exporting. On the other words, different export performance across firms is linked to their heterogeneity.   The main purpose of the present paper is to examine the so-called hypothesis of heterogeneous firm in Iran. For ...

0

introduction in recent years methods based on radio frequency waves have been used for detecting breast cancer. using theses waves leads to better results in early detection of breast cancer comparing with conventional mammography which has been used during several years. materials and methods in this paper, a new method is introduced for detection of backscattered signals which are received by...

In recent years, researchers analyzed the historical data from the financial markets. They found that the statistical result is different from the classical financial theories, models, and methods. The difference is challenging the three hypotheses which are rational people hypothesis, efficient market hypothesis and random walk hypothesis. We need new perspective and tools to re-study the fina...

because of the heterogeneity in behavior, in the real world prices may deviate substantially and persistently from their fundamental values. of course, if these heterogeneous elements play a rather minor role then asset prices and rates of return will be determined mainly by economic fundamentals and rational behavior. by observing actual behavior in the stock market one can seek to isolate pro...

This paper analyzes empirical market utility functions and pricing kernels derived from the DAX and DAX option data for three market regimes. A consistent parametric framework of stochastic volatility is used. All empirical market utility functions show a region of risk proclivity that is reproduced by adopting the hypothesis of heterogeneous individual investors whose utility functions have a ...