What are the benefits to a wholesaler of price discrimination resulting from privately negotiated prices versus posting a single price? At first glance, one might expect a fish wholesale market to be highly competitive. However, the Fulton Fish market, with its storied history of mafia involvement, has substantial barriers to entry. These barriers to entry have caused an imperfectly competitive environment characterized by negotiated prices. Our aim in this paper is to measure the magnitude of the increase in profits resulting from price discrimination versus posting a single price.
Air pollution causes visibility reduction in urban areas such as Los Angeles as well as in national parks and wilderness areas. In this work, alternative mathematical models are formulated that relate air pollutant emissions or ambient air pollutant concentrations to visual range or to changes in the appearance of a scenic vista.
Equity Structured products have been very popular with private investors in recent years as they offer multiple pay-offs based on equity underlyings. The appeal of these products lies in their ability to deliver customised returns for investors. Structured Products can be customised to investors needs and requirements using a variety of equity underlyings from recognised benchmark indices, customised indices, baskets of stocks to single stock underlyings.
This manual highlights the range of structured equity products and is intended to provide private wealth managers and private investors with an overview of the different range of equity structured products that are available.
