Albert Madansky

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This paper proposes a stylized model that reconciles several seemingly conflicting findings on financial security returns and option prices. The model is based on a pure jump Lévy process, wherein the jump arrival rate obeys a power law dampened by an exponential function. The model allows for different degrees of dampening for positive and negative jumps,(More)
"This paper surveys the literature on the major censuses recorded in the Old Testament, those taken by Moses and that taken by David. It also reviews the Biblical origins and ramifications of the superstition against being counted in a census."
Purpose – The purpose of this paper is to apply the cognitive research of Herbert Simon to business strategy decisions, to begin a discussion of the emerging field of Behavioral Strategy. Design/methodology/approach – Research on cognition, memory and expertise are organized, with the aim of enlightening the process of business strategy development.(More)
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