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ARCH Models for Financial Applications
Autoregressive Conditional Heteroskedastic (ARCH) processes are used in finance to model asset price volatility over time. This book introduces both the theory and applications of ARCH models and provides the basic theoretical and empirical background, before proceeding to more advanced issues and applications. The Authors provide coverage of the recent developments in ARCH modelling which can be implemented using econometric software, model construction, fitting and forecasting and model evaluation and selection. Key Features: Presents a comprehensive overview of both the theory and the practical applications of ARCH, an increasingly popular financial modelling technique. Assumes no prior k...
What Should Constitutions Do?
The essays in this volume - written by prominent philosophers, political scientists and legal scholars - address the basic purposes of constitutions and their status as fundamental law. Some deal with specific constitutional provisions: they ask, for example, which branches of government should have the authority to conduct foreign policy, or how the judiciary should be organized, or what role a preamble should play in a nation's founding document. Other essays explore questions of constitutional design: they consider the advantages of a federal system of government, or the challenges of designing a constitution for a pluralistic society - or they ask what form of constitution best promotes personal liberty and economic prosperity.
When the People Speak
All over the world, democratic reforms have brought power to the people, but under conditions where the people have little opportunity to think about the power that they exercise. In this book, James Fishkin combines a new theory of democracy with actual practice and shows how an idea that harks back to ancient Athens can be used to revive our modern democracies. When the People Speak outlines deliberative democracy projects conducted by the author with various collaborators in the US, China, Britain, Denmark, Australia, Italy, Bulgaria, Northern Ireland, and in the entire European Union. These projects have resulted in the massive expansion of wind power in Texas, the building of sewage treatment plants in China, and greater mutual understanding between Catholics and Protestants in Northern Ireland.
Democracy when the People are Thinking
This book draws on practical experiments around the world to show how democracy can make a better connection to citizen voices in a scientifically based, thoughtful way.
Advances in Mathematical and Statistical Modeling
Enrique Castillo is a leading figure in several mathematical and engineering fields. Organized to honor Castillo’s significant contributions, this volume is an outgrowth of the "International Conference on Mathematical and Statistical Modeling," and covers recent advances in the field. Applications to safety, reliability and life-testing, financial modeling, quality control, general inference, as well as neural networks and computational techniques are presented.
Deliberative Democracy in Practice
Deliberative democracy is a dominant paradigm in normative political philosophy. Deliberative democrats want politics to be more than a clash of contending interests, and they believe political decisions should emerge from reasoned dialogue among citizens. But can these ideals be realized in complex and unjust societies? This book brings together leading scholars who explore debates in deliberative democratic theory in four areas of practice: education, constitutions and state boundaries, indigenous-settler relations, and citizen participation and public consultation. This dynamic volume casts new light on the strengths and limitations of deliberative democratic theory, offering guidance to policy makers and to students and scholars interested in democratic justice.
Statistical Distributions in Scientific Work
Proceedings of the NATO Advanced Study Institute, Trieste, Italy, July 10-August 1, 1980
Stochastic Musings
This new edited volume features contributions from many of the leading scientists in probability and statistics from the latter part of the 20th century. It is the only book to assemble the views of these leading scientists--the pioneers in their respective fields. Stochastic Musings features contributions by: *Sir David Cox on statistics and econometrics; *C.R. Rao, M.B. Rao, and D.N. Shanbhag on convex sets of multivariate distributions and their extreme points; *Bradley Efron on the future of statistics; *David Freedman on regression association and causation; *Vic Barnett on sample ordering for effective statistical inference with particular reference to environmental issues; *David Bart...
