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Exchange-traded funds as a class were more affected by the flash crash of May 6 than any
other category of securities. The authors connect the debates over the linkages between …

The authors examine transaction costs associated with algorithmic trading, based on a sample
of 2.5 million orders, of which one million are executed via algorithmic means. The data …

The author applies a mean-variance optimization approach to examine the asset allocation
and location decisions made by individuals. The experiment is limited to two assets—stocks …

The project finance industry is undergoing dramatic changes. Demand for global infrastructure
investments is growing rapidly, but privatization, deregulation, and competitive pressure …

… YEGERMAN: I believe the question was about what type of regulation would make sense.
Regulations make sense if they are commensurate with the technology that is feasible to …

I am here interested to (a) adequately formulate the indeterminacy of translation thesis of
Quine;(b) attempt to resolve an apparent paradox in the thesis;(c) argue for Quine's views in …