THE WATER-MARKS IN PAPER

Risk Choice under High - Water Marks

I solve in closed form for the optimal dynamic risk choice of a fund manager who is compensated with a high-water mark contract. The optimal risk choice depends on the ratio of the fund’s assets under management to its high-water mark. If the manager’s outside option value is low, investors’ termination policy is strict, or management fees are high, then negative returns induce the manager into...

Random Marks on Paper: Non-Photorealistic Rendering with Small Primitives

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the u.s. policy in central asia and its impact on the colored revolutions in the region (the case study of tulip revolution in kyrgyzstan)

چکیده ندارد.

Towards Water System Closure in the Paper Industry

Tetrazine Marks the Spot

For decades, bioorthogonal reactions have pushed the frontiers of modern science. Using these selective chemistries, it is now possible to tag and retrieve bioactive metabolites directly from cells, generate libraries of complex drug molecules, and access dynamic materials for cell adhesion and patterning. The breadth of such achievements is remarkable, and as the bioorthogonal toolbox continue...