Professor Glenn Boyle presented One Size Fit All? Investor Protection Regulation in Financial Markets at this seminar in May 2005.

We present a closed form solution for the optimal hedging strategy in discrete time of an option whose underlying security follows the Heston Stochastic Volatility process. Our Monte Carlo simulations indicate that this ...

The rapid widespread technological change and concomitant deregulation of network industries has engendered a burgeoning demand for connection between technologically similar as well as technologically dissimilar networks. ...

The economic purpose of an Overseas Investment Act (OIA) should be to enable foreign investment that has a positive (or at least non-negative) impact on a country's economic performance and to prevent investments which ...

ISCR Research Principal Richard Meade presented Ownership vs Regulation in Electricity Reform: The Role of Governance at The European Electricity Market 2005 conference held in Lodz, Poland in May.

Investigations into the causes and effects of parallel importing have concentrated on price discrimination but arbitrage can also occur on non-price dimensions. Using a natural experiment in the New Zealand film distribution ...

When interest rates are uncertain the net-present-value threshold required to justify an irreversible investment is increasing in the length of a project's payback period. Thus slowpayback projects should face a higher ...

In 2002 New Zealand's government-funded primary health care payments were changed from a fee-for-service basis to a capitation basis as part of a change towards a population-based managed care style of primary health care ...

Current Comment is an occasional series providing economic commentary on topical issues. This first issue relates to penalties when the trains do not run to schedule.

This article can be found at: The Berkeley Electronic Press Using some unique data from the New Zealand academic system this paper examines the relationship between worker quality and labour market value in a remuneration ...