Duration And Change

This book studies various perspectives in the history of European philosophy on the relationship between time and movement. Ever since the pre-Socratic thinker Zeno of Elea linked time and space to understand bodily movement, his so-called paradoxes of motion have remained unsolved. One of his most important critics, the French philosopher Henri Bergson, criticized the usual connection between time and space and established a new way of understanding time as duration (durée). Whereas Zeno presented an objectivist understanding of time, Bergson emphasized its subjectivist meaning. Both contradictory positions seem incompatible, referring to pure intellect (Zeno) on the one hand or pure sensation (Bergson) on the other. Looking at Hegel's Phenomenology, this book shows that the outer and inner consciousness of time became crucial to his principle of movement and change. In his view, time is an integral part of dialectical processes that are historically substantiated. Hegel sought to subordinate pure concepts and ideas so that they would become indispensable moments of the self knowing spirit. Cassirer appreciated the idealism of coming into being but rejected Hegel's concept of the absolute. Instead, he established his philosophy of symbolic forms, in which the development of different perceptions and conceptions of time - from situational affective experience to the mathematical system of relations - determines the direction of the symbolic formation process. In the end, the sensitive concept of time is replaced by the relational concept of natural numbers, in which all here-and-now experiences are embedded. Finally, Bourdieu attempts to reintegrate symbolic forms into social processes. The book reflects on the concepts mentioned here by discussing their pros and cons in order to shed more light on the relationship between time and movement in European thought.

Time, Duration and Change in Contemporary Art presents a major study of time as a key aesthetic dimension of recent art practices. This book explores different aspects of time across a broad range of artistic media and draws on recent movements in philosophy, science, and technology to show how artists generate temporal experiences that resist the standardized time of modernity: Olafur Eliasson?s melting icebergs produce fragile temporal ecologies; Marina Abramovi??s performances test the durations of the human body; Christian Marclay?s The Clock conflates past and present chronologies. This book examines alternative frameworks of time, duration, and change in prominent philosophical, scientific, and technological traditions, including physics, psychology, phenomenology, neuroscience, media theory, and selected environmental sciences. It suggests that art makes a crucial contribution to these discourses not by?visualizing? time, but by entangling viewers in different sensory, material, and imaginary temporalities.

Duration, Convexity and other Bond Risk Measures offers the most comprehensive coverage of bond risk measures available. Financial expert Frank Fabozzi walks you through every aspect of bond risk measures from the price volatility characteristics of option-free bonds and bonds with embedded options to the proper method for calculating duration and convexity. Whether you're a novice trader or experienced money manager, if you need to understand the interest rate risk of a portfolio Duration, Convexity and other Bond Risk Measures is the only book you'll need.

The revised and updated fourteenth edition of Investments: Analysis and Management explains the essentials of investing and supports good investment decisions. More than a simple introduction to the subject, this comprehensive textbook prepares students to handle real-world investment problems and controversies in a clear and accessible manner. Emphasizing readability, Authors Charles Jones and Gerald Jensen minimize complex formulas and simplify difficult material—enabling students of all levels and backgrounds to follow the entire discussion and delve further into the subject. Ideally suited for beginning courses in investments, this textbook is designed as a practical guide to help students gain foundational knowledge of investing and develop the analytic skills necessary for deciphering investment issues. Carefully organized chapters guide students through fundamental investing concepts, portfolio and capital market theory, common stock analysis and valuation, fixed-income and derivative securities, the specifics of security analysis and portfolio management, and more. A broad range of pedagogical tools—including bulleted summaries, numbered examples, spreadsheet exercises, computational problems, and an extensive set of chapter review questions—strengthens student comprehension and retention.

A complete guide to investing in and managing a portfolio of mortgage- and asset-backed securities Mortgage- and asset-backed securities are not as complex as they might seem. In fact, all of the information, financial models, and software needed to successfully invest in and manage a portfolio of these securities are available to the investment professional through open source software. Investing in Mortgage and Asset-Backed Securities + Website shows you how to achieve this goal. The book draws entirely on publicly available data and open source software to construct a complete analytic framework for investing in these securities. The analytic models used throughout the book either exist in the quantlib library, as an R package, or are programmed in R and incorporated into the analytic framework used. Examines the valuation of fixed-income securities—metrics, valuation framework, and return analysis Covers residential mortgage-backed securities—security cash flow, mortgage dollar roll, adjustable rate mortgages, and private label MBS Discusses prepayment modeling and the valuation of mortgage credit Presents mortgage-backed securities valuation techniques—pass-through valuation and interest rate models Engaging and informative, this book skillfully shows you how to build, rather than buy, models and proprietary analytical platforms that will allow you to invest in mortgage- and asset-backed securities.

Wiley Elan Guides Level I CFA 2015 Eleventh Hour Guide is a highly effective and efficient CFA Level I exam preparation course that will meet your complete study needs. A condensed review book covering all important concepts and formulas to reinforce the learnings and instruction, the Eleventh Hour Guide is an essential component of your final review. As it becomes very difficult to go over so many books in the last few weeks before the exam, we have condensed the material for you and added comments and tips from our instructors that will help you optimize your performance.

The global pandemic restrictions, climate change, geopolitical tensions, and new artificial technologies have fundamentally impacted international financial markets and corporate strategy. Traditional finance theories have been questioned and their application to corporate decision-making has come under scrutiny like never before. The third edition of Financial Markets and Corporate Strategy provides students with comprehensive and engaging discussions on the strategic challenges facing companies and their financial decisions. Brought to life by real-world examples, international cases and insights from recent research, it guides students through the challenges of studying and practising finance from both an academic and practical viewpoint. Key Features: · Fully updated research of the most important topics, data and examples in every chapter. · Coverage of the impact of climate change, Brexit, the economic growth of China, and new financial technologies · A stronger emphasis on sustainability, ethics, and corporate governance. · Updates on accounting standards, bankruptcy laws, tax rules and tax systems. David Hillier is Professor of Finance, Executive Dean of Strathclyde Business School, and Associate Principal of the University of Strathclyde. Mark Grinblatt is the J. Clayburn LaForce Professor of Finance at the UCLA Anderson School of Management Sheridan Titman is Professor of Finance at the McCombs School of Business.

This book gives managers an integrative approach to project, program, and change management. It describes the differences between change in projects versus programs with case studies in both areas and the different life cycles. While the project and change comprise much of the book, it is up to date with its emphasis on agile, scrum, and benefits. The book also describes methods to both initiate and manage a change and what must be done for success and business value.