This paper presents empirical assessments of the competitiveness in the Canadian banking,
trust company, and mortgage company industries, which support the view that parts of …

The stochastic cash balance problem is an inventory problem in which the stochastic cash (or
inventory) change can either be positive or nonpositive, and in which decisions to increase …

… Neave and Johnson model each Internet stock as a single contingent claim36 that pays off …
For simplicity of illustration, Neave and Johnson suppose only one firm survives. Nevertheless…

A valuable guide to the essential elements of modern financial systems This book offers you
a unified theory of modern financial system activity. In it, author Edwin Neave distills a large …

Purpose – The purpose of this paper is to examine the recent subprime mortgage market
meltdown from a theoretical and practical perspective. Design/methodology/approach – The …

… Neave’s profit planning simulations are used by the Institute in its banking education
programs in more than forty countries. Neave is also currently Editorin-Chief of a Treasury …

The decision problem of a consumer who must make regular allocations of wealth to
consumption expenditures and to risky investment is considered. Sufficient conditions for the …

This article assesses Canadian banks' ability to realize scale economies and cost complementarities
in joint production. The Canadian banking system, with its 10 or so large banks and …

This paper examines stochastic dominance relations among discrete random variables defined
on a common integer domain. While these restrictions are minimal, they lead both to new …

… Suppose further that the additional capabilities change the risk and expected return (Eh, βh),
… If the project is to be viable, it must now offer Eh >Rh which by previous assumptions can be …