We introduce and study the main properties of a class convex risk measures that refine Expected Shortfall by simultaneously controlling expected losses associated with different portions tail distribution. The corresponding adjusted Shortfalls quantify as minimum amount capital has to be raised injected into financial position X ensure ES p ( ) does not exceed pre-specified threshold g for ever...

Two 2-D aeroelastic models are presented here to determine instability boundary (flutter speed) and gust response of a typical section airfoil with degrees of freedom in pitch and plunge directions. To build these 2-D aeroelastic models, two different aerodynamic theories including Indicial Aerodynamic Theory and Vortex Lattice Method (VLM) have been employed. Also, a 3-D aeroelastic framework ...

this paper examines the accuracy of valuation models in providing reasonable estimation of the market values of listed companies in tehran stock exchange (tse). six valuation models including gordon growth model, two stage dividend discount model, adjusted present value, price to earning ratio and residual income were examined in this study. in addition, three proxies represent the market value...

to achieve the optimal model for capital asset pricing has always been a central issue in studies of the financial field. in this study we consider fama and french three-factor model augmented by the pastor and stambaugh (2003) liquidity risk factor. unlike most previous studies in this model, stock level beta is allowed to vary with firm-level size and book-to-market value. to verify the above...

BACKGROUND Although research has demonstrated that depressive symptoms predict stroke incidence, depressive symptoms are dynamic. It is unclear whether stroke risk persists if depressive symptoms remit. METHODS AND RESULTS Health and Retirement Study participants (n=16 178, stroke free and noninstitutionalized at baseline) were interviewed biennially from 1998 to 2010. Stroke and depressive s...

Aim: The aim of our study was to find statistical associations including trends of standardised rate ratio of age-adjusted mortality rates for the male population as compared to the female population, in relation to available demographic factors (Chapter II – neoplasms vs. Chapter IX – Diseases of the circulatory system, Slovak region and calendar year of death). Methods: Dataset of individual ...

Abstract. For any odd squarefree integer r, we get complete description of the Gr = Gal(Q(μr)/Q) group cohomology of the universal ordinary distribution Ur in this paper. Moreover, if M is a fixed integer which divides l−1 for all prime factors l of r, we study the cohomology group H(Gr, Ur/MUr). In particular, we explain the mysterious construction of the elements κr′ for r |r in Rubin[10], wh...