Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Relaxation processes in administered-rate pricing

Hawkins1, Arnold

  • 1Bear, Stearns Securities Corporation, 220 Bush Street, Suite 845, San Francisco, California 94104, USA.

Physical Review. E, Statistical Physics, Plasmas, Fluids, and Related Interdisciplinary Topics
|November 23, 2000
PubMed
Summary
This summary is machine-generated.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Fatal Case of Cerebral Affection, with Symptoms Resembling Hysteria, in Which Yellow Tubercles Were Discovered in the Brain and Cerebellum.

The London medical and physical journal·2018
Same author

Case of an Affection of the Nervous System, Which Exhibited Some Unusual Phenomena.

The London medical and physical journal·2018
Same author

Cases of Purpura Hæmorrhagica.

The London medical and physical journal·2018
Same author

Fatal Case of Chorea.

The London medical and physical journal·2018
Same author

Case of Cynanche Laryngea.

Medico-chirurgical transactions·2010
Same author

Appropriate aftercare.

Das Band; Monatsblatt fur Kranke und Gesunde·2010
Same journal

Efficient Monte Carlo simulations using a shuffled nested Weyl sequence random number generator.

Physical review. E, Statistical physics, plasmas, fluids, and related interdisciplinary topics·2002
Same journal

Spatiotemporal dynamics of electromagnetic pulses in saturating nonlinear optical media with normal group velocity dispersion.

Physical review. E, Statistical physics, plasmas, fluids, and related interdisciplinary topics·2002
Same journal

Soliton-breather reaction pathways.

Physical review. E, Statistical physics, plasmas, fluids, and related interdisciplinary topics·2002
Same journal

Calculation of electromagnetic properties of regular and random arrays of metallic and dielectric cylinders.

Physical review. E, Statistical physics, plasmas, fluids, and related interdisciplinary topics·2002
Same journal

Electromagnetic convective cells in a nonuniform dusty plasma.

Physical review. E, Statistical physics, plasmas, fluids, and related interdisciplinary topics·2002
Same journal

Stability of neural networks and solitons of field theory.

Physical review. E, Statistical physics, plasmas, fluids, and related interdisciplinary topics·2002
See all related articles

The theory of anelasticity unifies administered-rate product dynamics and models. This approach simplifies rate model construction and defines market friction.

Area of Science:

  • Economics
  • Financial Mathematics
  • Materials Science

Background:

  • Administered-rate products exhibit complex dynamics.
  • Existing models for these products lack a unified theoretical framework.

Purpose of the Study:

  • To unify the observed dynamics and models of administered-rate products using anelasticity theory.
  • To develop a straightforward approach to rate model construction.
  • To define market friction within this new theoretical framework.

Main Methods:

  • Application of anelasticity theory to financial modeling.
  • Simulation of relaxation dynamics for two administered-rate products.
  • Development of a novel formalism for market friction definition.

Related Experiment Videos

Main Results:

  • The theory of anelasticity successfully unifies diverse models and observed dynamics of administered-rate products.
  • A simplified and direct method for constructing rate models is presented.
  • A natural definition of market friction emerges from the anelasticity formalism.

Conclusions:

  • Anelasticity theory provides a powerful and unifying framework for understanding administered-rate products.
  • This approach facilitates more robust and interpretable financial modeling.
  • The concept of market friction is redefined, offering new insights into market behavior.