The Risk and Return Characteristics of the Buy Write Strategy on the Russell 2000 Index Using data from January 18, 1996 to November 16, 2006, we construct and evaluate returns on a buy-write strategy on the Russell 2000 index. The results demonstrate that the strategy has consistently outperformed the Russell 2000 index on a risk adjusted basis, when implemented with one month to expiration ca...

capital asset pricing, as one of the basic theories in finance and investment area, develop a model for estimation of expected rate of return and equity cost of capital. this model has many applications in the field of finance. one of anomalies in the capital asset pricing model is the value premium that its proponents believe this risk premium is compensation for a risk not mentioned in origin...

The modeling of a utility function’s forms is a very interesting part of modern decision making theory. We apply a basic concept of the personal utility theory on determination of minimal net and maximal gross annual premium in general insurance. We introduce specific values of gross annual premium on the basis of a personal utility function, which is determined empirically by a short personal ...

pricing for an insurance policy can be described as the process of calculation of expectedcompensation to be paid to property losers as well as associated costs of potential risks. loss forecast isaccurate if the risks will be identified appropriately in order to calculate the frequency and expected severityof losses.this is particularly important about environmental risks since most of them ap...

Background: Excessive use of mobile phones is addictive and causes many complications. The severity of these complications depends on the duration of the call and the frequency of using mobile phones. Therefore, this study aimed to determine the effect of mobile phone waves on salivary secretion. Materials and Methods: This descriptive study was conducted on 120 dental students in Rafsanjan, Ir...