JER, 第 12 卷,第 1-2 期Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 2007 |
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第 1 到 3 筆結果,共 28 筆
第 127 頁
... strategy out- performs no - hedge strategy regardless of hedging periods . That is , the 1 : 1 naïve hedge produces the investment returns about twice as much as those of no - hedge case . Noticeably , it completely eliminates the ...
... strategy out- performs no - hedge strategy regardless of hedging periods . That is , the 1 : 1 naïve hedge produces the investment returns about twice as much as those of no - hedge case . Noticeably , it completely eliminates the ...
第 189 頁
... strategy is optimal given the voter's strategies . ( 2 ) Voters ' vote decision is optimal given that the probability that the candidate is of high quality is μ ( q1 | ан ) . H ( 3 ) Voter's belief μ ( qHaн ) is derived from the ...
... strategy is optimal given the voter's strategies . ( 2 ) Voters ' vote decision is optimal given that the probability that the candidate is of high quality is μ ( q1 | ан ) . H ( 3 ) Voter's belief μ ( qHaн ) is derived from the ...
第 190 頁
advertising strategy . Thus , a voter casts a vote for the candidate if and only if he is a high advertiser , and does not if he is a low advertiser . ( 3 ) Voter's Belief : A voter's updated belief can be derived from the candidate's ...
advertising strategy . Thus , a voter casts a vote for the candidate if and only if he is a high advertiser , and does not if he is a low advertiser . ( 3 ) Voter's Belief : A voter's updated belief can be derived from the candidate's ...
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advertising activity agent alien species manager allocation analysis AOLS Bertrand game candidate quality candidate's quality Chaebol collusion regime collusion-proof congestion consumer surplus consumers cost cross hedge currency futures dependent variable DOLS Econometrics Editor-in-Chief Editorial Board effects efficient electoral female workers firm's first-best FMOLS foreign firm function futures contract Hanyang University hedge ratio high-quality candidates home firm hostile takeover incentive increase incumbency industries Japanese yen Japanese yen currency Journal of Economic Korea Korea-U.S. FTA lateral collusion low-quality candidates M&A targets marginal Midopa nomics output growth panel cointegration tests panel data panel unit root paper percent perfect Bayesian equilibrium positive quality type quota rents Regressors returns RGDP root tests sample schooling side contract signaling signaling game social welfare stock price strategy supervisor surplus tion trade trade creation unit root unit root tests utility vertical collusion vote voters wage rate Yonsei University