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Tariff Retaliation versus Financial Compensation in the Enforcement of International Trade Agreements
Dispute Settlement WTO Tariffs Monetary Fines Bonds Concessions Reciprocity Policy Coordination
2015/9/22
We analyze whether financial compensation is preferable to the current system of dispute settlement in the World Trade Organization that permits member countries to impose retaliatory tariffs in respo...
Optimal Robust Mean-Variance Hedging in Incomplete Financial Markets
Optimal Robust Mean-Variance Hedging Incomplete Financial Markets
2010/12/17
Optimal B-robust estimate is constructed for multidimensional parameter in drift coefficient of diffusion type process with small noise. Optimal mean-variance robust (optimal V -robust) trading strate...