A constant discount rate model, where the probability of a dividend is initially unknown to
Bayesian updating agents, is capable of generating returns that would lead the econometrician…

Examines how well a finite number of options can complete markets using a least squares
approximation of the optimal complete market wealth profile. Basis for the option pricing …

Using a complete market equilibrium model, we present results concerning the effect
disagreement has on equilibrium option trading volume and positioning. We find that if agents …

The dissertation examines the implications on the standard discount rate model of asset
pricing when agents' beliefs are not equal to the statistical distribution that fundamentals (eg …

The vast majority of continuous time financial modelling is based on uncertainty driven by
Brownian motion. Although pure jump models, as well as jump diffusion models, continue to …

As the healthcare system continues to evolve, issues related to cost and access to care
continue to persist. In response to this concern, integrated models of healthcare, like the Patient-…

This paper analyzes a power plant powered by two General Electric LM6000 gas turbines
combined with a steam generator that allows combined cycle operations. We consider four …

As the healthcare system evolves, issues related to cost and access to care continue to
persist. In response to this concern, integrated models of healthcare, like the Patient-Centered …