Whether all parties to the employment relationship benefit from workplace partnership and with what consequences is one of the most persistent research questions in industrial relations scholarship. Three dominant theoretical ...
This paper presents an approach to the Mario AI Benchmark problem, using the A* algorithm for navigation, and an evolutionary process combining routines for the reactiveness of the resulting bot. The Grammatical Evolution ...
This paper investigates the effects of early stopping as a
method to counteract overfitting in evolutionary data modelling using
Genetic Programming. Early stopping has been proposed as a method
to avoid model overtraining, ...
This paper investigates the hedging effectiveness of a dynamic moving window OLS hedging model, formed
using wavelet decomposed time-series. The wavelet transform is applied to calculate the appropriate dynamic
minimum-variance ...
Price impact models are important for devising trade execution strategies. However, a proper characterization of price impacts is still lacking. This study models the price impact using an agent-based modeling approach. ...
A key issue in the estimation of energy hedges is the hedgers’ attitude towards risk which is encapsulated in the form of the hedgers’ utility function. However, the literature typically uses only one form of utility ...
Trade execution is concerned with the actual mechanics of buying or selling the desired amount of a financial instrument. Investors wishing to execute large orders face a tradeoff between market impact and opportunity cost. ...
We examine whether the hedging effectiveness of crude oil futures is affected by asymmetry in the return distribution by applying tail specific metrics to compare the hedging effectiveness of both short and long hedgers. ...
This paper explores integration and contagion among US metropolitan housing markets. The analysis applies Federal Housing Finance Agency (FHFA) house price repeat sales indexes from 384 metropolitan areas to estimate a ...
The benefits of openness to trade are well established, but the disadvantages of openness are less well understood. At the firm level trade is the principal source of exposure to exchange rate movements, and exchange ...