Investing Science 4

Author : Massimo Florio
Publisher : MIT Press
Page : 385 pages
File Size : 45,6 Mb
Release : 2019-10-15
Category : Science
ISBN : 9780262355971

Get Book

Investing in Science by Massimo Florio Pdf

A proposal for using cost-benefit analysis to evaluate the socioeconomic impact of public investment in large scientific projects. Large particle accelerators, outer space probes, genomics platforms: all are scientific enterprises managed through the new form of the research infrastructure, in which communities of scientists collaborate across nations, universities, research institutions, and disciplines. Such large projects are often publicly funded, with no accepted way to measure the benefits to society of these investments. In this book, Massimo Florio suggests the use of cost-benefit analysis (CBA) to evaluate the socioeconomic impact of public investment in large and costly scientific projects. The core concept of CBA of any infrastructure is to undertake the consistent intertemporal accounting of social welfare effects using the available information. Florio develops a simple framework for such accounting in the research infrastructure context and then offers a systematic analysis of the benefits in terms of the social agents involved. He measures the benefits to scientists, students, and postdoctoral researchers; the effect on firms of knowledge spillovers; the benefits to users of information technology and science-based innovation; the welfare effects on the general public of cultural services provided by RIs; and the willingness of taxpayers to fund scientific knowledge creation. Finally, Florio shows how these costs and benefits can be expressed in the form of stochastic net present value and other summary indicators.

Author : Sr.Chanthal,C.G.Nagaraja
Publisher : Scholar Publishing House
Page : 120 pages
File Size : 52,6 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 8171724566

Get Book

Investing Science 4 by Sr.Chanthal,C.G.Nagaraja Pdf

Author : David G. Luenberger
Publisher : Oxford University Press, USA
Page : 0 pages
File Size : 42,8 Mb
Release : 2014
Category : Cash flow
ISBN : 0199740089

Get Book

Investment Science by David G. Luenberger Pdf

This book provides thorough and highly accessible mathematical coverage of the fundamental topics of intermediate investments, including fixed-income securities, capital asset pricing theory, derivatives, and innovations in optimal portfolio growth and valuation of multi-period risky investments. This text presents essential ideas of investments and their applications, offering students the most comprehensive treatment of the subject available.

Author : Douglas W. Jamison,Stephen R. Waite
Publisher : Columbia University Press
Page : 244 pages
File Size : 54,5 Mb
Release : 2017-06-06
Category : Business & Economics
ISBN : 9780231544702

Get Book

Venture Investing in Science by Douglas W. Jamison,Stephen R. Waite Pdf

Over the past decade, software companies have increasingly monopolized the flow of venture capital, starving support for scientific research and its transformative discoveries. New medicines, cheaper and faster personal computers, and other life-changing developments all stem from investment in science. In the past, these funds led to steam engines, light bulbs, microprocessors, 3D printers, and even the Internet. In Venture Investing in Science, the venture capitalist Douglas W. Jamison and the investment author Stephen R. Waite directly link financial support to revolutionary advancements in physics, computers, chemistry, and biology and make a passionate case for continued investing in science to meet the global challenges of our time. Clean air and water, cures for intractable diseases, greener public transportation, cheaper and faster communication technologies—these are some of the rich opportunities awaiting venture capital investment today. Jamison and Waite focus on how early-stage companies specializing in commercializing transformative technologies based on deep science have been shunned by venture capitalists, and how the development of such companies have been hampered by structural changes in capital markets and government regulation over the past decade. The authors argue that reinvigorating science-based technological innovation is crucial to reactivating the economic dynamism that lifts living standards and fuels prosperity over time.

Author : Yves Hilpisch
Publisher : "O'Reilly Media, Inc."
Page : 720 pages
File Size : 50,7 Mb
Release : 2018-12-05
Category : Computers
ISBN : 9781492024293

Get Book

Python for Finance by Yves Hilpisch Pdf

The financial industry has recently adopted Python at a tremendous rate, with some of the largest investment banks and hedge funds using it to build core trading and risk management systems. Updated for Python 3, the second edition of this hands-on book helps you get started with the language, guiding developers and quantitative analysts through Python libraries and tools for building financial applications and interactive financial analytics. Using practical examples throughout the book, author Yves Hilpisch also shows you how to develop a full-fledged framework for Monte Carlo simulation-based derivatives and risk analytics, based on a large, realistic case study. Much of the book uses interactive IPython Notebooks.

Author : Gary N. Smith
Publisher : Createspace Independent Publishing Platform
Page : 424 pages
File Size : 48,8 Mb
Release : 2015-12-10
Category : Business & Economics
ISBN : 1519399553

Get Book

The Art and Science of Investing by Gary N. Smith Pdf

Financial markets continually evolve, but underneath these innovations are fundamental principles-such as present value, leverage, hedging, efficient markets, and the conservation of value. These enduring principles are more important than transitory details. Investing is not a multiple-choice test that can be passed by memorizing soon-obsolete facts like the name of the largest brokerage firm or the number of stocks traded on the New York Stock Exchange. The great British economist John Maynard Keynes wrote that the master-economist must possess a rare combination of gifts. He must be mathematician, historian, statesman, philosopher-in some degree. He must understand symbols and speak in words. He must contemplate the particular in terms of the general, and touch abstract and concrete in the same flight of thought. He must study the present in the light of the past for the purposes of the future. No part of man's nature or his institutions must lie entirely outside his regard. The same could be said of the master investor. Our understanding of financial markets and investments depends on mathematical analysis. How could we predict investment income without models? How could we calculate present values without equations? How could we gauge uncertainty without statistics? However, a deep understanding of investments depends on our recognition of the limitations of models, no matter how scientific they appear, no matter if they were developed by Nobel laureates. The Art and Science of Investing explains the financial models that are most useful for investors, and also explains how their usefulness depends critically on a recognition of their limitations-why there is both a science and an art to successful investing.

Author : Patrick Boyle
Publisher : Unknown
Page : 304 pages
File Size : 51,6 Mb
Release : 2020-05-14
Category : Electronic
ISBN : 9798644826551

Get Book

Statistics for the Trading Floor by Patrick Boyle Pdf

Statistics for the Trading Floor: Data Science for Investing is the best book on statistics for investing. Written for professionals by a professional trader and hedge fund manager, the book gives a thorough grounding in quantitative methods used by investing professionals.

Author : John L. Teall
Publisher : Academic Press
Page : 522 pages
File Size : 45,8 Mb
Release : 2018-03-21
Category : Business & Economics
ISBN : 9780128111178

Get Book

Financial Trading and Investing by John L. Teall Pdf

Financial Trading and Investing, Second Edition, delivers the most current information on trading and market microstructure for undergraduate and master’s students. Without demanding a background in econometrics, it explores alternative markets and highlights recent regulatory developments, implementations, institutions and debates. New explanations of controversial trading tactics (and blunders), such as high-frequency trading, dark liquidity pools, fat fingers, insider trading, and flash orders emphasize links between the history of financial regulation and events in financial markets. New sections on valuation and hedging techniques, particularly with respect to fixed income and derivatives markets, accompany updated regulatory information. In addition, new case studies and additional exercises are included on a website that has been revised, expanded and updated. Combining theory and application, the book provides the only up-to-date, practical beginner's introduction to today's investment tools and markets. Concentrates on trading, trading institutions, markets and the institutions that facilitate and regulate trading activities Introduces foundational topics relating to trading and securities markets, including auctions, market microstructure, the roles of information and inventories, behavioral finance, market efficiency, risk, arbitrage, trading technology, trading regulation and ECNs Covers market and technology advances and innovations, such as execution algo trading, Designated Market Makers (DMMs), Supplemental Liquidity Providers (SLPs), and the Super Display Book system (SDBK)

Author : Hans Peter Beck,Panagiotis Charitos
Publisher : Springer Nature
Page : 137 pages
File Size : 55,8 Mb
Release : 2020-10-29
Category : Science
ISBN : 9783030523916

Get Book

The Economics of Big Science by Hans Peter Beck,Panagiotis Charitos Pdf

The essays in this open access volume identify the key ingredients for success in capitalizing on public investments in scientific projects and the development of large-scale research infrastructures. Investment in science – whether in education and training or through public funding for developing new research tools and technologies – is a crucial priority. Authors from big research laboratories/organizations, funding agencies and academia discuss how investing in science can produce societal benefits as well as identifying future challenges for scientists and policy makers. The volume cites different ways to assess the socio-economic impact of Research Infrastructures and their role as hubs of global collaboration, creativity and innovation. It highlights the different benefits stemming from fundamental research at the local, national and global level, while also inviting us to rethink the notion of “benefit” in the 21st century. Public investment is required to maintain the pace of technological and scientific advancements over the next decades. Far from advocating a radical transformation and massive expansion in funding, the authors suggest ways for maintaining a strong foundation of science and research to ensure that we continue to benefit from the outputs. The volume draws inspiration from the first “Economics of Big Science” workshop, held in Brussels in 2019 with the aim of creating a new space for dialogue and interaction between representatives of Big Science organizations, policy makers and academia. It aspires to provide useful reading for policy makers, scientists and students of science, who are increasingly called upon to explain the value of fundamental research and adopt the language and logic of economics when engaging in policy discussions.

Author : Emmanuel Jurczenko
Publisher : Elsevier
Page : 480 pages
File Size : 43,7 Mb
Release : 2017-10-17
Category : Business & Economics
ISBN : 9780081019641

Get Book

Factor Investing by Emmanuel Jurczenko Pdf

This new edited volume consists of a collection of original articles written by leading industry experts in the area of factor investing. The chapters introduce readers to some of the latest research developments in the area of equity and alternative investment strategies.Each chapter deals with new methods for constructing and harvesting traditional and alternative risk premia, building strategic and tactical multifactor portfolios, and assessing related systematic investment performances. This volume will be of help to portfolio managers, asset owners and consultants, as well as academics and students who want to improve their knowledge and understanding of systematic risk factor investing. A practical scope An extensive coverage and up-to-date researcch contributions Covers the topic of factor investing strategies which are increasingly popular amongst practitioners

Author : Craig Munsart
Publisher : Bloomsbury Publishing USA
Page : 264 pages
File Size : 52,8 Mb
Release : 1993-03-15
Category : Language Arts & Disciplines
ISBN : 9780313079566

Get Book

Investigating Science with Dinosaurs by Craig Munsart Pdf

Dinosaurs are every students fascination. Reproducible, hands-on activities give students the opportunity to experience how the scientific process works and how scientists form and test conclusions. Students build and employ skills in analysis, drawing, measuring, graphing, and arithmetic; exercise research and library skills to acquire data necessary to complete the activities; and apply critical-thinking skills to extrapolate from the known to the unknown-the fundamental process that makes science work. Grades 4-12.

Author : Arnold Picot
Publisher : MIT Press
Page : 527 pages
File Size : 42,8 Mb
Release : 2015-12-04
Category : Business & Economics
ISBN : 9780262029650

Get Book

The Economics of Infrastructure Provisioning by Arnold Picot Pdf

In this volume, experts from Europe, North and South America and Asia examine the complexities of financing, installing, implementing and regulating public infrastructures. Employing a range of methodological approaches, including historical and empirical research, analytical models, theoretical analysis and sector and regional case studies, they consider the economics of infrastructure provisioning by government, through private-public partnerships and privatisation arrangements. After first treating general investment, growth and policy issues, they then offer sector-specific analyses of transportation, energy, telecommunications and water infrastructures.

Author : Emmanuel Jurczenko
Publisher : Elsevier
Page : 486 pages
File Size : 44,6 Mb
Release : 2015-11-24
Category : Business & Economics
ISBN : 9780081008119

Get Book

Risk-Based and Factor Investing by Emmanuel Jurczenko Pdf

This book is a compilation of recent articles written by leading academics and practitioners in the area of risk-based and factor investing (RBFI). The articles are intended to introduce readers to some of the latest, cutting edge research encountered by academics and professionals dealing with RBFI solutions. Together the authors detail both alternative non-return based portfolio construction techniques and investing style risk premia strategies. Each chapter deals with new methods of building strategic and tactical risk-based portfolios, constructing and combining systematic factor strategies and assessing the related rules-based investment performances. This book can assist portfolio managers, asset owners, consultants, academics and students who wish to further their understanding of the science and art of risk-based and factor investing. Contains up-to-date research from the areas of RBFI Features contributions from leading academics and practitioners in this field Features discussions of new methods of building strategic and tactical risk-based portfolios for practitioners, academics and students

Author : Tony Sablan,Nika Kabiri
Publisher : Houndstooth Press
Page : 266 pages
File Size : 43,5 Mb
Release : 2020-11-08
Category : Electronic
ISBN : 1544516908

Get Book

Money Off the Table by Tony Sablan,Nika Kabiri Pdf

How much do you know about the principles of investing? How many books have you read about finance? And yet, how many times have your investments still fallen short of your expectations? A lot of people assume that the more you know about finances, the more successful you'll be. But truthfully, no matter how well versed you are, you're probably still leaving money on the table. Confident investing is about much more than having the right knowledge. It's about making the right choices. Money off the Table draws on multidisciplinary research on human decision-making to explain how investment decisions can go wrong, and what you can do to make them better. Using behavioral economics, sociology, and firsthand knowledge of financial planning, Tony Sablan and Nika Kabiri will teach you how to avoid the common pitfalls that plague even the most seasoned investors. No matter how volatile the market, you can succeed. You just need the right mindset.

Author : Nancy Baron
Publisher : Island Press
Page : 271 pages
File Size : 41,8 Mb
Release : 2010-08-13
Category : Science
ISBN : 9781597269650

Get Book

Escape from the Ivory Tower by Nancy Baron Pdf

Most scientists and researchers aren’t prepared to talk to the press or to policymakers—or to deal with backlash. Many researchers have the horror stories to prove it. What’s clear, according to Nancy Baron, is that scientists, journalists and public policymakers come from different cultures. They follow different sets of rules, pursue different goals, and speak their own language. To effectively reach journalists and public officials, scientists need to learn new skills and rules of engagement. No matter what your specialty, the keys to success are clear thinking, knowing what you want to say, understanding your audience, and using everyday language to get your main points across. In this practical and entertaining guide to communicating science, Baron explains how to engage your audience and explain why a particular finding matters. She explores how to ace your interview, promote a paper, enter the political fray, and use new media to connect with your audience. The book includes advice from journalists, decision makers, new media experts, bloggers and some of the thousands of scientists who have participated in her communication workshops. Many of the researchers she has worked with have gone on to become well-known spokespeople for science-related issues. Baron and her protégées describe the risks and rewards of “speaking up,” how to deal with criticism, and the link between communications and leadership. The final chapter, ‘Leading the Way’ offers guidance to scientists who want to become agents of change and make your science matter. Whether you are an absolute beginner or a seasoned veteran looking to hone your skills, Escape From the Ivory Tower can help make your science understood, appreciated and perhaps acted upon.