LEED® is a North American system created to assess sustainability parameters in buildings. It is managed by USGBC®, that was formed in the early 1990s. LEED®’s technical aspects are examined in order to clarify its operation premises, following the research hypothesis that these premises would have impact in the disciplines of architecture and ur…[Read more]

This study offers a space to think about the internationalization of Brazilian higher education institutions in a more critical way based on a meta-analysis of the studies of a research group that addresses issues such as internationalization programs, language policies and internationalization in that context. Findings of the meta-analysis…[Read more]

Toyota has been the market leader in automobiles specially hybrid and electric automobiles. It has been operational in Pakistan since 1989. As of September 2018, it was the sixth largest company in the world in terms of revenue. The economic conditions however have not been very favorable for the automotive industry. The economy of Pakistan and…[Read more]

How did migrants’ presence manifest itself in the Vienna urban space and how can we study it?

Les fondements politiques modernes d’une économie sans règle ni contraintes pour ses principaux agents sont à chercher aux Etats-Unis, dans une opposition, largement partagée, parmi ses supporters, aux réformes « libérales » (de gauche dans ce pays ») » contenues dans le New Deal (1933-1938). Engagées par un président démocrate Franklin D. Ro…[Read more]

A l’évocation des activités agricoles et industrielles, il convient d’ajouter celle de la production de drogue et du traitement mafieux des déchets toxiques pour comprendre l’ampleur de la pollution des sols et sous-sols de la planète.

From “industrial paternalism” to “welfare capitalism” and “Corporate Social Responsibility (CSR Act I)” and despite a deceptive tentative to introduce a “welfare State” in America, all these concepts were meant to allow the private sector to keep the initiative in organizing an institutional business environment and a social order that would…[Read more]

The line “Enge anpaðas uncuð gelad” [narrow path, unknown way] appears twice in the Old English corpus: once in the Old English Exodus (a tale from Old Testament narrative poetry that tells us a story of the Israelites fleeing the Egyptians) and once in Beowulf (an epic story of masculine bravado, intense alienation and Otherness, and time past…[Read more]

C’est dans un contexte historique bien particulier, la seconde guerre mondiale, puis la guerre froide, et dans un pays (les Etats-Unis) qui se pose en leader du combat contre le communisme mondial et la socialisation de l’Economie, que des chercheurs en sciences économiques vont élaborer les cadres conceptuels et théoriques qui deviendront autant…[Read more]

Il est un « conte de fées » – issu de médias ne pratiquant pas la distanciation critique déontologiquement requise par rapport à leurs principaux actionnaires – selon lequel les organisations représentatives de la société civile et du monde des affaires exerceraient, dans les mêmes conditions, des pressions sur la décision politique pour assur…[Read more]

Diskriminierung und Menschenrechtsverletzungen gegenüber LSBTI-Personen werden heute international thematisiert und angeprangert – ein vergleichsweise neues Phänomen. Dennoch tragen die herrschenden Normen von Zweigeschlechtlichkeit und Heterosexualität weiterhin zur Diskriminierung bei: So sind gleichgeschlechtliche Partnerschaften in fast alle…[Read more]

Menschenrechtsverletzungen aufgrund sexueller Orientierung und Geschlechtsidentität (SOGI) wurden auf internationaler Ebene lange Zeit kaum zur Kenntnis genommen. Doch seit einigen Jahren wird dem Thema in den Vereinten Nationen breiterer Raum eingeräumt. Die Yogyakarta-Prinzipien und eine Studie des Amtes des Hohen Kommissars für Me…[Read more]

This paper presents a new model for valuing hybrid defaultable financial instruments, such as, convertible bonds. In contrast to previous studies, the model relies on the probability distribution of a default jump rather than the default jump itself, as the default jump is usually inaccessible. As such, the model can back out the market prices of…[Read more]

This paper presents a Least Square Monte Carlo approach for accurately calculating credit value adjustment (CVA). In contrast to previous studies, the model relies on the probability distribution of a default time/jump rather than the default time itself, as the default time is usually inaccessible. As such, the model can achieve a high order of…[Read more]

This paper presents a new model for pricing OTC derivatives subject to collateralization. It allows for collateral posting adhering to bankruptcy laws. As such, the model can back out the market price of a collateralized contract. This framework is very useful for valuing outstanding derivatives. Using a unique dataset, we find empirical evidence…[Read more]

What is, or should be, the academic life? After many years of thinking about academic ideals to live by, and occasionally writing about academic standards and ethics, the author wrote this forthright series of three articles on the global essentials of the academic life and the universality of the university.