Abstract: Proof-of-Stake (PoS) variants provide an energy-efficient alternative to Proof-of-Work (PoW). However, it is not clear whether practical PoS implementations are fair with respect to wealth, ...
Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...
Household surveys suffer from persistent and growing underreporting. We propose a novel procedure to adjust reported survey incomes for underreporting by estimating a model of misreporting whose main ...
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