On Pricing Rules and Optimal Strategies in General Kyle--Back Models

Kyle-Back Equilibrium Models and Linear Conditional Mean-field SDEs

In this paper we extend Kyle-Back strategic insider trading equilibrium model to the setting in which the insider has an instantaneous information on an asset, assumed to follow an Ornstein-Uhlenback-type dynamics. Such a model contains many existing models as special cases, but it is first time put in a rigorous mathematical framework of the recently developed conditional mean-field stochastic...

Weak Kyle-Back Equilibrium Models for Max and ArgMax

The goal of this article is to introduce a new approach to model equilibrium in financial markets with an insider. We prove the existence and uniqueness in law of equilibrium for these markets. Our setting is weaker than Back’s one and it can be interpreted as a first theoretical step towards developing statistical test procedures. Additionally, it allows various forms of insider information to...

Optimal premium pricing strategies for competitive general insurance markets

Non-life insurance pricing depends on different costs including claim and business acquisition costs, management expenses and other parameters such as margins for fluctuations in claims experience, expected profits etc. Nevertheless, in a competitive insurance market environment, the company’s premium should respond to changes in the level of premiums being offered by competitors. In this paper...

Optimal strategies for general price-advertising models

the role of vocabulary learning strategies on vocabulary retention and on language proficiency in iranian efl students

آموزش زبان دوم طی سالهای اخیر بدنبال روشهای بهتری برای تحقق بخشیدن به اهداف معلمین و دانش آموزان بوده است . در مورد معلمین این امر منجر به تحقیقاتی در مورد ساختار زبانی، محاوره ای و تعاملی گردیده است . در مورد دانش آموزان این امر به مطالعاتی درباره نگرش دانش آموزان نسبت به فراگیری در داخل کلاس و بیرون از آن و همچنین انواع مختلف روشهای پردازش ذهنی منجر شده است . هدف از این تحقیق یافتن روشهائی اس...