Richard Hardy's user avatar
Richard Hardy's user avatar
Richard Hardy's user avatar
Richard Hardy
  • Member for 9 years, 1 month
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  • Europe
12 votes
6 answers
7k views

Why are cost functions often assumed to be convex in microeconomics?

11 votes
3 answers
2k views

What is the consensus (if any) on Peters "The ergodicity problem in economics" (2019)?

9 votes
5 answers
1k views

References for particular definitions of risk and uncertainty

3 votes
1 answer
1k views

Utility theory and portfolio optimization: utility of what exactly?

3 votes
1 answer
793 views

Modigliani & Miller with taxes: how is this equation derived?

2 votes
1 answer
564 views

Examples of risk-neutral firms or people in business

3 votes
2 answers
374 views

Does the initial bond price equal the face value?

2 votes
1 answer
363 views

Understanding Modigliani & Miller: different graphs in different textbooks

2 votes
1 answer
346 views

Realistic examples of quantity competition

2 votes
1 answer
304 views

Relationship between nominal and real interest rates and inflation in a term structure model

7 votes
5 answers
303 views

Current status and trends in the choice of software for teaching econometrics

4 votes
1 answer
273 views

Are simultaneous equation models out of fashion? Why?

1 vote
1 answer
264 views

Finance vs. financial economics (terminology)

7 votes
0 answers
252 views

Fixes of quadratic utility when probability of decreasing utility is large

4 votes
2 answers
206 views

Applied financial econometrics textbook

5 votes
1 answer
203 views

A large spike in home ownership in the U.S. in 2020: why?

4 votes
1 answer
190 views

Nonseparable utility across states of nature: an intuitive example

5 votes
1 answer
153 views

Time value of money: impatience, risk, inflation... and opportunity cost?

5 votes
1 answer
153 views

Trying to understand the notion of required return

1 vote
1 answer
130 views

Does doing nothing produce negative net present value? How can we show that?

4 votes
1 answer
130 views

Why utility rather than expected utility in Cochrane's "Asset Pricing"?

6 votes
2 answers
125 views

Any major theory/model that considers return due to idiosyncratic risk?

6 votes
2 answers
108 views

Is this a case of nonseparable utility (across states of nature)?

7 votes
1 answer
105 views

Measuring effects of degree of (buyer) competition on price: references

2 votes
0 answers
104 views

WACC: forward looking vs. backward looking

1 vote
1 answer
103 views

Risk-free borrowing as an assumption for CAPM

0 votes
0 answers
103 views

Deriving the CAPM: going from utility of consumption to utility of asset returns

1 vote
1 answer
103 views

Price discrepancy between the same company's stock on two exchanges

7 votes
2 answers
99 views

Econometrics blogs (after Econometrics Beat has been closed)

0 votes
1 answer
78 views

Cost of debt, taxes and WACC