Stock market investors have very different reactions to downside versus upside risk. This book begins by explaining the current treatment of stock market risk and methods of lowering that risk. The authors then show that many types of asymmetry of stock returns or investor reactions cause the existing theory to fail. They present the theory of downside risk and utility theory to account for the asymmetry, showing how the previous model can be adjusted for downside risk.
Stock market investors have very different reactions to downside versus upside risk. This book begins by explaining the current treatment of stock mar...
Quantitative social science research has been expanding due to the ava- ability of computers and data over the past few decades. Yet the textbooks and supplements for researchers do not adequately highlight the revolution created by the R software 2] and graphics system. R is fast becoming the l- gua franca of quantitative research with some 2000 free specialized packages, where the latest versions can be downloaded in seconds. Many packages such as "car" 1] developed by social scientists are popular among all scientists. An early 2009 article 3] in the New York Times notes that...
Quantitative social science research has been expanding due to the ava- ability of computers and data over the past few decades. Yet the textbooks and...
This is the first book of its kind which teaches matrix algebra, allowing the student to learn the material by actually working with matrix objects in modern computer environment of R. Instead of a calculator, R is a vastly more powerful free software and graphics system.
The book provides a comprehensive overview of matrix theory without being bogged down in proofs or tedium. The reader can check each matrix result with numerical examples of exactly what they mean and understand their implications. The book does not shy away from advanced topics, especially the ones with practical...
This is the first book of its kind which teaches matrix algebra, allowing the student to learn the material by actually working with matrix objects in...
This is the first book of its kind which teaches matrix algebra, allowing the student to learn the material by actually working with matrix objects in modern computer environment of R. Instead of a calculator, R is a vastly more powerful free software and graphics system.
The book provides a comprehensive overview of matrix theory without being bogged down in proofs or tedium. The reader can check each matrix result with numerical examples of exactly what they mean and understand their implications. The book does not shy away from advanced topics, especially the ones with practical...
This is the first book of its kind which teaches matrix algebra, allowing the student to learn the material by actually working with matrix objects in...
