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Stability Analysis of Networked Control Systems with Bounded Random Delay and State Compensation: How Large is the Actual System Scale?
Get PDFIn this paper, a level set analysis is proposed which aims to analyze the S&P 500 return with a certain magnitude. It is found that the process of large jumps/drops of return tend to have negative serial correlation, and volatility clustering phenomenon can be easily seen. Then, a nonparametric analysis is performed and new patterns are discovered. An ARCH model is constructed based on the patterns we discovered and it is capable of manifesting the volatility skew in option pricing. A comparison of our model with the GARCH(1,1) model is carried out. The explanation of the validity on our model through prospect theory is provided, and, as a novelty, we linked the volatility skew phenomenon to the prospect theory in behavioral finance
Article: "Kemah - Seabrook Area Pays Off in Pleasure and Dollars" by Don Hinga: The Houston Chronicle
Get PDFFor Sex or Marriage: The Commodification of Women in William Shakespeare's Measure for Measure and Aphra Behn's The Rover
Get PDFWilliam Shakespeare’s Measure for Measure and Aphra Behn’s The Rover emphasize the effect on women of being treated as commodities. When the plays were written, marriage was the most common means by which women were commodified, while prostitutes and courtesans were more obviously “for sale.” The similarities between these two categories of women are remarkable both in real life and in literature, but considering the social value of a woman’s chastity and the attitudes toward female sexuality at this time, the likenesses are not surprising. Behn analyzes the commodification of women to a greater extent than Shakespeare. He has always attracted attention because of his strong women, but Behn knew firsthand both the freedom and potential perils that a woman alone in the world faced. Her experience with these concerns was probably the primary reason for this difference in focus
