maximizing economic earnings is the most common goal in cut-off grade optimization of open-pit mining operations. when this is the case, the price of the product has a critical effect on optimum value of cut-off grade. this paper investigates the relationship between optimum cut-off grade and price to maximize total cash flow and net percent value (npv) of operation. in order to visualize this ...

Prediction markets have demonstrated their value for aggregating collective expertise [Arrow et al. 2008]. Combinatorial prediction markets allow forecasts not only on base events, but also on conditional and/or Boolean combinations of events [Hanson 2007]. We describe a trade-based combinatorial prediction market asset management system, called Dynamic Asset Cluster (DAC), that improves both t...

Financial options are known from the financial world where they represent the right to buy or sell a financial value (mostly a stock) for a predetermined price (the exercise price), without having the obligation to do so. Real options in option thinking are based on the same principals as financial options. In real options, the options involve real assets as opposed to financial ones. To have a...

The presence of illiquid assets, such as human wealth, housing and proprietorships substantially complicates the problem of portfolio choice. This paper is concerned with the problem of optimal asset allocation in a continuous time model when one asset cannot be traded. This illiquid asset, which depends on an uninsurable source of risk, provides a liquid dividend. In the case of human capital ...

This paper investigates the consequences of Chapter 7 liquidation and Chapter 11 reorganization on the reallocation and subsequent utilization of assets in bankruptcy. We identify 129,000 bankrupt establishments and construct a novel dataset that tracks the occupancy and utilization of real estate assets over time. Asset reallocation is widespread, as nearly 80% of real estate is not occupied b...

Purpose: The general objective was to determine the relationship of cash on hand (COA) management profitability in cement companies listed LSE from 2017 2021. Theoretical framework: theoretical foundations found and cited this work, allowed know at a global level behavior how it is related profitability. Design/methodology/approach: A quantitative, longitudinal, basic, descriptive, correlationa...

Small and medium-sized enterprises (SMEs) in the County of Garissa have had a dwindling net profit between 2007 until 2013. Success has been marked by several hurdles that include improper business records, substandard technical competence, illiteracy matters finance, mismanagement working capital. As result, overarching purpose study was to investigate influence capital management on financial...

We present a model in which banks trade toxic assets to raise funds for investment. The toxic assets generate an adverse selection problem and, as a consequence, the interbank asset market provides insufficient liquidity to finance investment. Investment is inefficiently low because acquiring funding requires banks to sell high-quality assets for less than their " fair " value. We analyze wheth...