Asset Allocation and Risk Allocation
In: Risk Aspects of Investment-Based Social Security Reform, S. 11-39
In: Risk Aspects of Investment-Based Social Security Reform, S. 11-39
The power of capital allocation -- Capital allocation in a slow-growth world -- Optimizing the capital structure : advantages of an alternatives-based capital allocation framework -- Five stress test rules for downturns -- The rise and fall of the General Electric empire -- Capital spending -- Dividends and the case for returning excess capital to shareholders -- The "regular-special" dividend : a new way to allocate excess capital -- The (alleged) seven deadly sins of share repurchase -- Autozone : the power of intelligent share repurchase -- Acquisitions -- Complex transactions -- Superior businesses with lower valuations -- Private deals -- Distressed sellers -- Non-core divestitures -- Short-term challenges, long-term benefits -- Inferior businesses with higher valuations -- Low-return, strategic acquisitions : a cautionary tale -- Supply/demand imbalance -- Short-term plug deal -- Spin-offs -- Restructurings -- Secular challenges -- Best board practices : the 14 point strategic plan -- Capital allocation : establishing a long-term focus and good corporate citizenship.
In: NBER working paper series 16255
"This review article describes recent literature on asset allocation, covering both static and dynamic models. The article focuses on the bond--stock decision and on the implications of return predictability. In the static setting, investors are assumed to be Bayesian, and the role of various prior beliefs and specifications of the likelihood are explored. In the dynamic setting, recursive utility is assumed, and attention is paid to obtaining analytical results when possible. Results under both full and limited-information assumptions are discussed"--National Bureau of Economic Research web site
In: Advances in Industrial Control; Fault-tolerant Flight Control and Guidance Systems, S. 89-106
In: Contributions to Economics; The Value Chain of Foreign Aid, S. 85-164
SSRN
In: http://hdl.handle.net/2027/uc1.31210025776814
Supported by Office of Water Research and Technology, USDI project no. B-175-CAL and University of California, Water Resources Center project UCAL-WRC-W-495. ; "Prepared for 'Assessment, management & politics of water', 13th American Water Resources Conference, Tucson, November 1977." ; With: Emergency water allocation : implementation of a preparedness program / R. Schinzinger . [et al.] Irvine, Calif. : EWAP, [1977] -- Emergency water allocation : restoration of a water distribution network / G. Urbach, R. Schinzinger, and H. Fagin. Irvine, Calif. : EWAP, [1977] -- Emergency water allocation : improving emeergency preparedness / H. Fagin, T. Edwards, and R. Schinzinger. Irvine, Calif. : EWAP, [1977] ; Mode of access: Internet.
BASE
SSRN
Working paper
In: Journal of the Royal United Service Institution, Band 94, Heft 575, S. 438-440
ISSN: 1744-0378