Hyeng-Keun Koo Professor / Ajou University Abstract I will discuss optimal stopping problems arising from the theory of consumption and portfolio choice, political economy, and game theory. I will also show how an optimal stopping problem, in general, is related to a backward stochastic partial differential variational inequality(BSPDVI).
Tae-Hyung Pyo School of Business State University of New York at New Paltz Abstract The Bass Model has been used extensively and globally to forecast first purchases of new products. Most models for the diffusion of innovation are deeply rooted in the work of Bass(1969). Potential customers may be connected to
Hong Kee Sul / Ph.D. Research Support Director, WRDS Abstract: 1.Discuss recent additions to datasets, new research applications and analytics at WRDS. 2. Introduce upcoming analytics tools that are in development. 3. Measuring the impact of WRDS on Research.
Sangmook Lee Assistant Professor of Finance / Penn State Great Valley School of Graduate Professional Studies Abstract Prior literature has documented that analysts engage in valuable information discovery and information interpretation. Our contribution is to introduce and document a third role that analysts play that is also valuable to investors, which we
Inmoo Lee Professor / KAIST Abstract We investigate whether the availability of options for trading affects corporate actions using convertible bond offerings as an example. A significant percentage of convertible bond issuers simultaneously announces share repurchases (combined offerings) to help arbitrageurs take short positions without causing much negative impacts on share prices. Since
Jae Kyu Lee(Chair Professor, KAIST) President, Association for Information Systems Abstract Global societal knowledge infrastructures and communication platforms have made life and business more efficient and effective. However, many serious side effects have emerged alongside these ICT platforms, imperiling the foundation of future not only in a particular country, but also across borders.
Daejin Kim Assistant Professor / UNIST Abstract This seminar introduces financial databases and explain details about obtaining and utilizing the financial databases. 1. Types of financial data and data vendors 2. How to find, download and use appropriate financial data A. WRDS Subscription B. 3 ways to use the WRDS platform
Minki Kim Assistant Professor / KAIST Abstract : Social media has emerged as a promising means for word-of-mouth (WOM) marketing. In particular, marketers have shown interest in identifying individuals who have a strong influence on other consumers’ decisions. However, previous studies on disproportionate social influence have neglected the fact that in real-world networks, individuals
Changki Kim Associate Professor / Korea University Abstract : A personal information leakage insurance protects the insured against both direct risk of a leakage of personal information, indirect risk of liability for damage and a bad reputation caused by direct risk. The global market of personal information leakage insurance has been growing rapidlyChangki kim