There is mounting evidence [Man77, SchSI] that real datasets are statistically self-similar, and thus, ‘fractal’. This is an important insight since it permits a compact statistical description of spatial datasets; subsequently, as we show, it also forms the basis for the theoretical analysis of spatial access methods, without using the typical, but unrealistic, uniformity assumption. In this p...

The article discusses the concept of an endowment, highlights its stages. Based on analysis experience formation endowment capital Russian higher educational institutions, difficulties encountered by participants are formulated

BACKGROUND This research-based paper examined the Indonesian foundation and endowment laws in relation to educational and religious institutions which are managed under foundation legal structure. The institutions examined were: 1) The Pondok Pesantren al-Ansor Foundation in Padangsidimpuan City; 2) The Pesantren Dar al-Ma'arif Education Foundation in South Labuhanbatu Regency; and 3) ​The Masj...

Human behavior is not always consistent with standard rational choice predictions. Apparent deviations from rational choice predictions provide a promising arena for the merger of economics and biology [1-6]. Although little is known about the extent to which other species exhibit these seemingly irrational patterns [7-9], similarities across species would suggest a common evolutionary root to ...

Agents and endowments. There is a representative household and a government. For expositional purposes, the representative household is split into a ‘worker’ and a ‘shopper’. The worker receives a stochastic endowment yt(s ) of a single non-storable good. The household is prohibited from directly consuming its own endowment. Instead, the worker sells the endowment for money which is used by the...

mutual funds are the best tool to mobilize savings and investments in an economy and pakistan is the pioneer in south asia, but this industry is not as much mature in comparison to its age in pakistan. this paper examines the performance of closed ended mutual funds in pakistan by using five different ranking measures during a period of january 2009 to december 2013 and the sample consists of o...

Editor’s note: This is the third part in a series of articles explaining the recommendations of the COUP report and their relation to the Campaign for Notre Dame. A major focus of the Committee on University Priorities was on the Catholic character of Notre Dame. In response , the Campaign for Notre Dame seeks $5 million for the endowment of activities enhancing religious values on campus as we...

the purpose of this research is to evaluate the ability of mutual funds investors to forecast the performance of mutual funds and selecting the best performed funds. it should be mentioned that both individual and institutional investors have been evaluated in this study. in order to answer the question whether the investors have the ability to forecast the performance of mutual funds or not, w...