Overreaction is a common investor problem that heavily occurs due to irrationality on the part of the investor. According to Kahneman and Tversky, investors tend to be risk seeking in losses and risk averse in gains, a ...

Catastrophe bonds have become popular with insurance companies, world over, since their invention in 1996 because of their ability to hedge the insurer against catastrophic risks. With increasing cost and burden on the ...

The following research project will propose a mean-reverting stochastic process for modelling the daily average temperature in the Kenyan context. The proposed modelling framework will then be used to price a weather ...

The purpose of this study is to determine the effect that electronic money has on the velocity of money in Kenya as well as its determinants. The study uses income, exchange rates, expected inflation, interest rates and ...

This study examines the effect of a senior management change on the share price of a company. Previous international studies have shown mixed and inconsistent results, hence the interest to test if the same would apply in ...

The choice of a stock is a headache for all equity investors worldwide ranging from well developed markets to developing markets. This study embarks on testing the Growth and Value investment styles in an African frontier ...