Afro-Chinese engagements: infrastructure, land, labour and finance Introduction

Behaviorial Finance: Past Battles and Future Engagements

Market efficiency is at the center of the battle of standard finance versus behavioral finance versus investment professionals. But the battle is not joined because the term “market efficiency” has two meanings. One meaning is that investors cannot systematically beat the market. The other is that security prices are rational. Rational prices reflect only utilitarian characteristics, such as ri...

Labour-based infrastructure projects

Mathematical Finance An introduction

Preface This note contains a brief introduction to mathematical finance. It does not pretend to be complete in any respect. The topics of this note are covered in more detail in the course 04445 Statistics in Finance, and the interested reader may consult the adjacent lecture notes [8] or one of the standard texts [9, 4]. The course 04445 provides an introduction to financial econometrics with ...

Introduction to risk theory and mathematical finance

As risk is an inevitable part of all human activity, we naturally seek to be able to better measure it, estimate it, and even reduce it. The notion of risk carries connotations of chaos, the unexpected and undesired behavior of an observed phenomenon. It is difficult to anticipate how a chaotic model will behave, since as the name itself indicates such a model does not have predictable dynamics...

Pension Funds in Infrastructure Project Finance Regulations and Instrument Design

Vives, Antonio. Pension funds in infrastructure project finance : regulations and instrument design / Antonio Vives. " This is a reprint of a paper originally published in May 1999. " p. cm. (Sustainable Development Dept. Technical papers series ; IFM-110) Includes bibliographical references. The opinions expressed herein are the responsibility of the author and do not necessarily represent the...