Background Limits on the frequency of whole blood donation exist primarily to safeguard
donor health. However, there is substantial variation across blood services in the maximum …

Background The INTERVAL trial showed that, over a 2-year period, inter-donation intervals
for whole blood donation can be safely reduced to meet blood shortages. We extended the …

The paper describes the construction of a non-linear stochastic model for inflation where the
expected value of the residual varies with the recent level of inflation. It is shown that this …

The paper compares and contrasts the theories and methodologies of financial economics
with generalisations drawn from practical experience of institutional investment management. …

This paper has the strictly practical objective of devising procedures for managing Equity
portfolios to the best advantage.First, Modern Portfolio Theory, (MPT) which has been …

Purpose – The purpose of this paper is to investigate the underlying causes of the series of
banking disasters that unfolded from July 2007 onwards and to suggest what action should …

The paper describes the construction and application of a new model of financial risk which
recognises that in the perception of risk, whether physical of financial, the human mind acts …

… “If you will forgive a brief presidential platitude, I think myself it is wise in the investment of
the assets of a life office to follow a policy of moderation and restraint, and to resist any …

This paper develops a new model for common stock returns. The model assumes price
changes are the complex result of investor preferences relating not only to expected future …

Despite around forty years of empirical evidence that capital market returns in general, and
equity market returns in particular, not only have far fatter tails than the commonly assumed …