NoNameProf

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Entries from September 2007

What if there is no country

September 6th, 2007 · No Comments

what if there is no such thing as country, or what if all humans are organized into one single “country”?
well, clearly this has been the trend in many places, with EU being the prime example. historically, countries merge, and the divide, and then merge, and then divide, is this time a little different?
in the past, […]

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Tags: What if

Model the models

September 3rd, 2007 · No Comments

The recent tumoil in stock market certainly does not reflect what efficient market thesis. It is hard to argue why pretty much all stockes should dropped when the mortgage/building industry is not doing so well. There is certainly an artifical answer to it. Many big players (e.g., institutional investors) have positions they need to cover […]

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Tags: Inefficient Market