water market in theory and practice: market failure and public policy

a study on rate making and required reserves determination in reinsurance market: a simulation

reinsurance is widely recognized as an important instrument in the capital management of an insurance company as well as its risk management tool. this thesis is intended to determine premium rates for different types of reinsurance policies. also, given the fact that the reinsurance coverage of every company depends upon its reserves, so different types of reserves and the method of their calc...

Automated Market Making: Theory and Practice AbrahamOthman

Market makers are unique entities in a market ecosystem. Unlike other participants that have exposure (either speculative or endogenous) to potential future states of the world, market making agents either endeavor to secure a risk-free profit or to facilitate trade that would otherwise not occur. In this thesis we present a principled theoretical framework for market making along with applicat...

Automated Market Making: Theory and Practice

Market makers are unique entities in a market ecosystem. Unlike other participants that have exposure (either speculative or endogenous) to potential future states of the world, market making agents either endeavor to secure a risk-free profit or to facilitate trade that would otherwise not occur. In this thesis we present a principled theoretical framework for market making along with applicat...

Policy failure or success? Detecting market failure in China's housing market

Due to a high vacancy rate of residential homes, housing prices remain sticky in most urban areas of China, which causes higher searching and bargaining costs. With an inefficient outcome, deadweight loss and market failure arises. To assess the Chinese government’s housing policies in 2010, we develop a dynamic equilibrium model, in which we demonstrate how the sticky price results in market f...

Active Labor Market Policy in Austria: Practice and Evaluation Results

Consumer Market for Mineral Water and Development Policy in Georgia

The paper discusses mineral water consumer market and development policy in Georgia, the tools and measures, which will contribute to production of mineral waters and increase its export. The paper studies and analyses current situation in mineral water production sector as well as the factors affecting increase and reduction of its export. It’s noted that in order to gain and maintain competit...