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FRACTAL ANALYSIS OF COLORS AND SHAPES FOR NATURAL AND URBANSCAPES
amenity, box-counting Brownian motion
2015/5/7
Fractal analysis has been applied in many fields since it was proposed by Mandelbrot in 1967. Fractal dimension is a basic parameter of fractal analysis. According to the difference of fractal dimen...
Agglomerative Forces and Cluster Shapes
Entrepreneurship Geographic Location Patents Labor Industry Clusters
2015/4/23
We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance ove...
General Intensity Shapes in Optimal Liquidation
General Intensity Shapes Optimal Liquidation General Intensity Shapes in Optimal Liquidation
2012/4/28
We study the optimal liquidation problem using limit orders. Albeit the seminal literature on optimal liquidation, rooted to Almgren-Chriss models, tackles the optimal liquidation problem using a trad...
We develop a theory for the market impact of large trading orders, which we call metaorders because they are typically split into small pieces and executed incrementally. Market impact is empirically ...