This book is a collection of papers celebrating 20 years of the Journal of Derivatives and Hedge Funds (JDHF)
This is a new edition of Kleijnens advanced expository book on statistical methods for the Design and Analysis of Simulation Experiments (DASE). Altogether, this new edition has approximately 50% new material not in the original book. More specifically, the author has made significant changes to the bookℓ́ℓs organization, including placing the chapter on Screening Designs immediately after…
Worldwide, postal operators have been slow to address the threats from and opportunities created by electronic competition. The European Commission and member states are wrestling with these issues, while at the same time continuing to deal with the interrelated issues of implementing entry into postal markets and maintaining the universal service obligation. The Postal Accountability and Enha…
This book takes an in-depth look at the software industry as a major factor in future global economic performance. It explores how software-based companies are a significant factor behind economic growth and serve as important bridge builders between industries. Countries with a weak and underdeveloped software industry risk being left behind in the 21st century. The book examines the case o…
Markus P. Urban investigates the influence of large shareholders (the so-called blockholders) on agency costs and firm value, thereby accounting for blockholder characteristics and blockholder interrelationships. The work provides a profound theoretical and empirical analysis on the nature and effect of shareholder engagement with due regard to the specifics of the German institutional environm…
Presents a strategic perspective and design methodology that guide the process of developing digital products and services that provide?real experience? to users. Only when the material experienced runs its course to fulfilment is it then regarded as?real experience? that is distinctively senseful, evaluated as valuable, and harmoniously related to others. Based on the theoretical background of…
Further, the book demonstrates how a nation’s technological advancement may not necessarily lead to cyber-superiority. It covers cybersecurity issues with regard to conflicts that shape relationships between major economies, and explains how attempts to secure the cyber domain have been hampered by the lack of an international consensus on key issues and concepts. The book also reveals how so…
This Brief proposes a new theory of public economics which deemphasizes reliance on the free market and affirms the importance of public goods and services within the context of the democratic process and constitutional governance. Public non-market production makes up from a quarter to more than half of all economic activity in advanced democratic nation-states. Yet by imposing market precepts…
This monograph offers a detailed analysis of the creation, pilot implementation, and possible wide adoption of the real property tax at the local level in China. Starting in 2003, as China’s economy gradually recovered from the Asian financial crisis that started in 1998, the real property market entered a period of rapid expansion, followed immediately by rampant speculation, rising housing …
This book provides unique insights into the politics of finance and the socio-political relations which drive financial policymaking in Hong kong, Singapore, and Shanghai. While the existing literature in the field focuses mainly on economic explanations for financial centre development, this book fills a gap by focusing on the socio-political relations which underpin the financial policy-makin…