What are the various ways that the default intensity parameter can be modeled in a reduced-form model?
What will be an ideal response?
The intensity parameter in reduced-form model can be modeled in one of three ways. The first is simply as a deterministic or constant value that is independent of time t. The second way is to specify the intensity parameter as a deterministic function of time t. Finally, the intensity function can be modeled as a random variable that depends on some exogenously specified state variables.
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Based on motivational research, which of the following consumption motives most likely explains a person's motivation to purchase gourmet foods, foreign cars, cigarette holders, or perfume?
A) Security B) Eroticism C) Disalienation D) Individuality
Which of the following is NOT a social influence on consumer buying behavior?
a. personal characteristics b. family c. culture d. reference groups e. roles
Firms spend millions of dollars annually to build brand equity, recognizing that brand equity contributes to
A. profitability. B. corporate stakeholder relations. C. brand liability. D. product mix breadth. E. perceived brand personality.
On December 1, 2017, Arthur, Inc had 40,000 shares of $10 par value common stock issued and outstanding
The next day it declared a 50% stock dividend. The market value of the stock on that date was $9 per share. Which of the following is the correct journal entry to record this transaction? A) debit Stock Dividends $360,000 and credit Cash $360,000 B) debit Stock Dividends $360,000, credit Common Stock $400,000, and credit Paid-In Capital in Excess of Par -$40,000 C) debit Common Stock $200,000 and credit Cash $200,000 D) debit Stock Dividends $200,000 and credit Common Stock Dividend Distributable $200,000