Our modest research goal is to define a durable investor utility framework enabling us to properly re-define and re-quantify risk, and finally expand that analysis into our market structures from which we observe economic agents in context of their utility and risk profiles. All prior (mis)conceptions and dogma must be displaced so that our foundation can be built on concrete assumptions, allowing us to avoid the inconsistencies on either side of the century old explanatory-predictive argument surrounding the economic sciences.
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The Utility of Wealth in an Upper and Lower Partial Moment Fabric
An Analysis of Heterogeneous Utility Benchmarks in a Zero Return Environment
Embracing the Cognitive Dissonance Between Expected Utility Theory and Prospect Theory
The Equity Premium Puzzle: Failure to Compensate Ambiguity Aversion, the Certainty Effect and Loss-Aversion Into a Robust Risk Aversion Coefficient
Puzzles and Paradoxes: The Consistent Role of Ambiguity Aversion
The Quantification of Risk in an Upper and Lower Partial Moment Fabric
The Markets Hypothesis
Understanding the Flow of Funds System and the Financial Crisis of 2008
