laboratory experiment

tandfonline.com har udgivet en rapport under søgningen “Teacher Education Mathematics”: Abstract Formulae display:?Mathematical formulae have been encoded as MathML and are displayed in this HTML version using MathJax in order to improve their display. Uncheck the box to turn MathJax off. This feature requires Javascript. Click on a formula to zoom. Abstract This paper examines the empirical validity of Nicolosi’s optimal strategy for a hedge fund manager under a specific payment contract. The contract specifies that the manager’s payment consists of a fixed payment and a variable payment, which is a performance-based payment. The model assumes that the manager is an Expected Utility agent who maximises his/her expected utility by buying and selling the asset at appropriate moments. Nicolosi derives the optimal strategy for the manager by assuming a Black-Scholes… Continue Reading →