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The Cost of Property Rights:Establishing Institutions on the Philippine Frontier Under American Rule,1898-1918
Governing Rules Regulations and Reforms Rights Property Business and Government Relations
2015/4/22
We examine three reforms to property rights introduced by the United States in the Philippines in the early 20th century: the redistribution of large estates to their tenants, the creation of a system...
Reflected backward stochastic differential equations and a class of non linear dynamic pricing rule
stochastic differential equations non linear dynamic pricing rule
2010/12/13
In that paper, we provide a new characterization of the solutions of specific reflected backward stochastic differential equations (or RBSDEs) whose driver $g$ is convex and has quadratic growth in i...