“...Based on a unique data set of driving behavior we test whether private information in driving characteristics has significant effects on contract choice and...”

“...Many numerical optimization methods use scenario trees as a discrete approximation for the true (multi-dimensional) probability distributions of the problem’s...”

“...•We evaluate the performance of inflation forecasts backed out from the nominal and real yield curves in the United Kingdom.•We use vector autoregressions of...”

“...This paper focuses on the joint dynamics of yield spreads derived from government bonds issued by member states of the European Monetary Union (EMU). A...”

“...The objective of this paper is to estimate and test multifactor versions of the Cox‐Ingersoll‐Ross (CIR) model of the nominal term structure of interest rates...”

“...We consider optimal consumption and (strategic) asset allocation of an investor with uncertain lifetime. The problem is solved using a multi-stage stochastic...”

“...This paper investigates some implications of empirically observed stochastic properties of stock returns for asset allocation problems. For that purpose,...”

“...Ledermann et al. (2011) propose random orthogonal matrix (ROM) simulation for generating multivariate samples matching means and covariances exactly. Its...”

“...This paper presents volatility estimates of the Vienna stock market index using traditional methods and GARCH models. Evidence for a nonstationary variance...”