Monte Carlo simulation has been used to value options since Boyle's seminal paper. Monte
Carlo simulation, however, has not been used to its fullest extent for option valuation …

We analyze the interrelationships among entrepreneurship, innovation and the creative
economy. Ordinarily the word ‘entrepreneurship’ implies financial (or commercial) enterprise …

Digital currencies, virtual currencies, in-game currencies, etc., have gathered a lot of
attention, despite the difficulties of definition, from all corners of society for many years. …

Building on social identity theory, we develop and test a model of turnover intentions in a
family business. We argue that the relationship between family member commitment and …

… Gautam Vora Gautam Vora is professor of finance. His research interests are in the areas
of corporate finance, investments, derivatives and economic development. They both have an …

This article uses Monte Carlo simulation to identify optimal early-exercise condition (s) for
options. Thus, Monte Carlo simulation can value American-style options for which there is no …

This paper develops an equilibrium model in which informational asymmetries about the
qualities of products offered for sale are resolved through a mechanism which combines the …

The favorite investment strategies used by both individual investors and professional money
managers include those that are based on the PE and PEG ratios. While much popular as …

The importance of science and technology as the root of exceptional regional economic
development has been extolled since the time of Schumpeter. Today emerging technologies are …

We examine the performance of genetic algorithms as a method for deciding on a strategy
to invest in different financial instruments. We discuss the literature, pointing out the different …