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Social and Behavioral Sciences Commons™
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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
A Rationale For Meeting Quotas Asymmetrically, J. Patrick Meister, Robert S. Main
A Rationale For Meeting Quotas Asymmetrically, J. Patrick Meister, Robert S. Main
Scholarship and Professional Work - Business
Under certain conditions, otherwise identical, competing firms may find it jointly preferable to face differing degrees of trade barriers on individual products rather than symmetric trade barriers. The key is the ability to reduce marginal production cost via research and development. The economic significance of this insight is that there could be a role for a market for quota allotments. This insight also has applications to Voluntary Export Restraints in which a priori symmetric, restricted firms may prefer to have individual production levels allocated asymmetrically. This indicates the need for detailed studies of how quotas are met by individual firms. …
Back To The Future? Canada's Experience With Constructive Engagement In Cuba, Michael Bell, Eugene Rothman, Marvin Schiff, Christopher Walker
Back To The Future? Canada's Experience With Constructive Engagement In Cuba, Michael Bell, Eugene Rothman, Marvin Schiff, Christopher Walker
Institute for Cuban & Cuban-American Studies Occasional Papers
No abstract provided.
Study By Former Canadian Diplomat Takes On Canada's Engagement Policy Toward Cuba, Lourdes Cué
Study By Former Canadian Diplomat Takes On Canada's Engagement Policy Toward Cuba, Lourdes Cué
Institute for Cuban & Cuban-American Studies Occasional Papers
No abstract provided.
Put-Call Parity And The Law, Michael S. Knoll
Put-Call Parity And The Law, Michael S. Knoll
All Faculty Scholarship
A common literary theme is the conflict between appearance and reality. That conflict also frequently arises in the law, where it is usually cast as one between substance and form. Another discipline in which the conflict arises is finance, where it appears in the put-call parity theorem. That theorem states that given any three of the four following financial instruments--a riskless zero-coupon bond, a share of stock, a call option on the stock, and a put option on the stock--the fourth instrument can be replicated. Thus, the theorem implies that any financial position containing these assets can be constructed in …