확률 보행 & Brownian Motion
Ito’s process
dx = a(x,t)dt+b(x,t)dz
Generalized Weiner process
dx = adt+bdz
Brownian motion
ds/s = μdt+σdz
랜덤워크의 시간의 간격이 매우 작다면 이는Brownian Motion에 가깝게 된다.
The Stock Price Assumption
주식의 가격을 S
매우 짧은 시간의 간격을 Dt 라 하자.
주식의 기대수익률
About H&M
Hennes & Mauritz AB comprises five different independent brands
a total of approximately 2,600 stores all over the world.
From a single women wear store in 1947, to a global company offering fashion
introduce e-commerce in the US.
“H&M produces trendy fashion product and offer it for affordable price to consumer.“
- Rolph Erickson
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4P - Product
H&
Ⅰ. Introduction : What is Farmland reverse mortgage(FRM)?
Farmland reverse mortgage is a system that guarantees stable life for aged farmers. The government lends aged farmers money in security for their own farmland. This system helps farmer who lack money for old age by securitizing farmland fund. Furthermore, FRM aims to strengthen the farming social safety net. These are purpose of the
concept is defined by 《The Next American Metropolis》
1-2. Concept of TOD
Pursuing foot-traffic areas and the development of higher-density, mixed-area within a radius of 1/4mile(600m) from LRT(Light Rail Transit) or BRT(Bus Rapid Transit). TOD develops residential, workplace, business, and commercial facilities of mixed-area into high-density by Public transportation Except cars. As Car-
Ⅰ. Ischaemic heart disease
Ischaemic heart disease
Ischaemic heart disease (IHD), or myocardial ischaemia, is a disease characterized by ischaemia (reduced blood supply) of the heart muscle, usually due to coronary artery disease (atherosclerosis of the coronary arteries). Its risk increases with age, smoking, hypercholesterolaemia (high cholesterol levels), diabetes, and hypertension (hig
1. Concept
Transportation is the movement of people, animals and goods
from one location to another.
It is important since it enables trade between peoples, which in turn establishes civilizations.
2. Functiona
Passenger
Transportation is divided into public and private transport.
2) Freight
Freight transport, or shipping, is a key in the value chain in manufacturing.
3. Mode
Reaserch Question
Business suspension of savings bank
In February, 2011, several savings banks were ordered to suspend business in Korea. The reason is that the bank was weakened by overusing project financing technique which resulted in high default rate and delay of cash flow. Suspension of business of savings bank cause the innocent depositor to cry in front of the closed bank. That was
Ⅰ. Introduction- Zara
Understand how Zara’s parent company Inditex leveraged a technology-enabled strategy to become the world’s largest fashion retailer.
The blend of technology-enabled strategy that Zara has unleashed seems to break all of the rules in the fashion industry. The firms shuns advertising and rarely runs sales. These counterintuitive moves are part of a recipe for success t
Ⅰ Concept History and Background
ⅰ Description of the product or service
We will make and sell a meal at the restaurant. It will be product. What we have difference from others is menu. We is going to sell only health food such as fruit, salad, protein things.
we will serve breakfast, brunch and lunch for people who don't have time to prepare their meal, and deliver at home, workplac
1. What is the "Hedge Fund"
1.1 What is Hedge Fund?
1.1.1 Definition of the "Hedge Fund"
1) What is a hedge fund?
"Hedge fund" is a general, non-legal term that was originally used to describe a type of private and unregistered investment pool that employed sophisticated hedging and arbitrage techniques to trade in the corporate equity markets. Hedge funds have traditionally been limited t