Many institutional investors periodically adopt an asset allocation policy that specifies target percentages of value for each of several asset classes. Typically a policy is set by a fund’s board after evaluating the implications of a set of alternative policies. The staff is then instructed to implement the policy, usually by maintaining the actual allocation to each asset class within a spec...

A voting protocol is said to be strongly participatory if for any player i and any strategy profile either the outcome is i‘s preferred one or i has a strategy which would ensure her a better outcome, and VNMstrategy proof if at any preference profile the set of sincere strategies of each player is a VNM-stable set. It is shown that the proportional lottery (PL) modular voting protocol is both ...

We present a composition for solo classical guitar. This work comprises four pieces in 3/4 that share the same harmony, but restrictions differ each. The results are distinct "waltz" movements. main contribution of this is showing not as rooted inspiration, emotions, or innate talent process learning, critics, and performance. Also an example paradox choice, i.e., one may be more creative with ...