Estimation of economic capital of a financial institution requires modeling of operational losses of the business units of the organization. Operational losses of the financial institution are usually represented as an aggregate sum of the losses incurred by the operational events of the business units. Simulation of these events requires the introduction of a co-dependence structure for a more...

The following is the research question for this study. Are students’ learning styles based on the visual, auditory, tactile model correlated to satisfaction of course format in an online undergraduate course? The participants of this study were students enrolled in three sections of the Contemporary Worldviews course at a private higher education institution (HEI). Learning styles were determin...

The Batur Temple (Pura Ulun Danu Batur) in Kintamani is located at the geographic apex of a so-called ritual water hierarchy and has conventionally been described as a purely religious institution responsible for the coordination and distribution of the irrigation water. However, an analysis of historical palm leaf manuscripts reveals that the temple had a firm economic base with corresponding ...

This paper is an empirical attempt to investigate bilateral trade flow between Iran and Russia. To this end, we used statistical analyses on macroeconomic series over the period of 1991-2017. Results revealed that there is a significant statistical difference in terms of exports between Iran and Russia, and that there has always been a buyer-seller dialogue between the two countries. According ...

There has recently been a resurgence of interest in how institutions affect economic performance. A review of this literature reveals that the concept of an "institution" means different things to different scholars, both within economics and across the social sciences. We discuss what factors unify the different definitions of institutions, and develop a concept of institutions useful for the ...

There has recently been a resurgence of interest in how institutions affect economic performance. A review of this literature reveals that the concept of an “institution” means different things to different scholars, both within economics and across the social sciences. We discuss what factors unify the different definitions of institutions, and develop a concept of institutions useful for the ...