Janis Heaphy is president and publisher of The Sacramento Bee, the flagship newspaper of the McClatchy Company. As the region’s leading media company, The Sacramento Bee publishes a daily newspaper and three premier local Web sites.
When the New York Philharmonic anointed Lorin Maazel as its new music director with widespread approval from its players, the oldest American orchestra was following a quiet but steadily growing national trend to bring musical democracy to the stage.
Driven partly by financial strains and declining audiences, many orchestras in large and midsize cities are experimenting with power-sharing arrangements that defy the traditional musical hierarchy that placed players under the rule of highly paid conductors and powerful, wealthy board members.
in this paper, Professors Prasad Naik and Chih-Ling Tsai derive a new model selection criterion for single-index models, AIC, by minimizing the expected Kullback-Leibler distances between the true and candidate models.
The pro-posed criterion selects not only relevant variables but also the smoothing parameter for an unknown link function. Thus, it is a general selection criterion that provides a unifies approach to model selection across both parametric and nonparametric functions. Monte Carlo studies demonstrate that AIC performs satisfactorily in most situations.
This paper is an investigation into the determinants of asymmetries in stock returns. Associate Professor Joseph Chen and co-authors Harrison G. Hong from Princeton and Jeremy C. Stein from Harvard develop a series of cross-sectional regression specifications which attempt to forecast skewness in the daily returns of individual stocks.
UPDATE: Andrew Barkett is leaving his post as senior engineer at Facebook to bring his decade of experience in Silicon Valley to become the first-ever chief technology officer for the Republican National Committee.The June 4 announcement has stirred a whirlwind of media coverage, including the Huffington Post and Washington Post.Bark
Agilent Technologies’ Electronic Measurement Group is a $3.6 billion business that over the past decade has seen a dramatic shift in its customer base from U.S., and Western European customers to predominantly Asia-based customers. Today, the majority of the division’s revenues are generated outside of the U.S., with an increasing concentration in China.
(Davis, CA) — The UC Davis Graduate School of Management’s full-time MBA program has been ranked among the top six percent of AACSB International-accredited programs nationwide, according to U.S. News & World Report’s latest graduate business school rankings released today.