A general mathematical model for the multi-rigid-body contact problem with spatial elliptic
Coulomb friction leads to a differential complementarity problem (DCP) over time, consisting of …

When an exchange-traded fund (ETF) trades heavily around a theme, correlations among
its constituents increase significantly. Even some securities that have little or negative …

This paper presents a time-stepping complementarity approach for computing a numerical
trajectory of a system of rigid bodies under frictionless contact. Such a system is formulated as …

In this article, the authors present a methodology to support sponsors of defined-contribution
(DC) plans when evaluating the allocation to equity over a target-date fund’s glide path. …

The simplicity and regulatory protection (when used as a default investment) of target-date
funds (TDFs) offer advantages to both employers and employees saving for retirement in …

… It is thoughtfully edited by David Spaulding, president of the Spaulding Group and
publisher of the Journal of Performance Measurement, and James A. Tzitzouris, Jr., a vice …

… Shlyakhter, and James A. Tzitzouris for helpful suggestions during this research. We also
thank Dale B. Hattis and an anonymous reviewer for excellent suggestions. …

An index-based exchange traded fund (ETF) with underlying securities that trade on the
same market creates potential opportunities for arbitrage between price deviations in the ETF …

Exchange traded funds (ETF), which are baskets of securities that trade on the stock market,
have become a popular investment tool, but potentially increase the price co-movement of …

This revised and fully expanded edition of Understanding Investments continues to incorporate
the elements of traditional textbooks on investments, but goes further in that the material …