The link between innovation and finance : evidence from survey data

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The optimal pricing of goods, especially when they are new and the innovating firm is a monopolist, must proceed without precise knowledge of the demand curve. This paper provides a pricing method with a relative robustness guarantee by maximizing a perfor ...

Uncertainty of spillover effects – including property devaluation - from proposed land-use change elicits opposition to local development. This hinders cities’ ability to implement land-use policy aimed at housing affordability and environmental sustainabi ...

Zoning reform is a crucial tool for cities to adapt to contemporary challenges. However, its implementation remains challenging. Property owners, with a vested interest in the value of their neighborhoods, are sensitive to local developments and the potent ...

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We study the extent to which credit index (CDX) options are priced consistent with S&P 500 (SPX) equity index options. We derive analytical expressions for CDX and SPX options within a structural credit-risk model with stochastic volatility and jumps using ...

Financial criteria in architectural design evaluation are limited to cost performance. Here, I introduce a method – Automated Design Appraisal (ADA) – to predict the market price of a generated building design concept within a local urban context. Integrat ...

Pre-adoption phases of innovation are understudied in the innovation literature. This article addresses preadoption phases of innovation by running a prospective analysis. We assess the readiness of municipalities for the adoption of a digital tool that br ...

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Current technological improvements are yet to put the world on track to net-zero, which will require the uptake of transformative low-carbon innovations to supplement mitigation efforts. However, the role of such innovations is not yet fully understood; so ...

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We develop a methodology to measure the expected loss of commercial banks in a market downturn, which we call stressed expected loss (SEL). We simulate a market downturn as a negative shock on interest rate and credit market risk factors that reflect the b ...

This thesis uses machine learning techniques and text data to investigate the relationships that arise between the Fed and financial markets, and their consequences for asset prices. The first chapter, entitled Market Expectations and the Impact of Unconv ...

Innovations in statistical technology, in functions including credit-screening, have raised concerns about distributional impacts across categories such as race. Theoretically, distributional effects of better statistical technology can come from greater f ...

The green bond market's rapid growth has alerted issuers and investors to this sustainable area of investment. This study ascertains whether green bonds are priced lower than conventional bonds-whether a negative green bond premium exists in both Chinese a ...

Although engineering education is often characterized as a rational activity, research suggests that emotions are vital for learning at all levels of education. In ethics education, there is evidence that including mild emotional information in case studie ...

The link between innovation and finance : evidence from survey data

Chat with Graph Search

Monopoly Pricing with Unknown Demand

Using automated design appraisal to model building-specific devaluation risk due to land-use change

Spatial Modeling for Building Design Evaluation: from Visual Landscape Quality Assessment to Devaluation Risk Estimation

Energy Management of Price-Maker Community Energy Storage by Stochastic Dynamic Programming

How Integrated are Credit and Equity Markets? Evidence from Index Options

Automated Design Appraisal: Estimating Real Estate Price Growth and Value at Risk Due to Local Development

Assessing the readiness of municipalities for digital process innovation

A landmark environmental law looks ahead

Expert perceptions of game-changing innovations towards net zero

Closed form approximation methods for portfolio valuation and risk management

Geotechnical Engineering in the Digital and Technological Innovation Era

AI-driven Prices for Externalities and Sustainability in Production Markets

Price-based regulation of oligopolistic markets under discrete choice models of demand

A contagion process with self-exciting jumps in credit risk applications

Optimization and equilibrium problems with discrete choice models

Predicting the stressed expected loss of large US banks

Essays in Monetary Policy and Asset Pricing

Predictably Unequal? The Effects of Machine Learning on Credit Markets

Are green bonds priced lower than their conventional peers?

Emotional empathy and engineering students’moral reasoning