How much money should you put into stocks? A popular asset allocation by age model invites investors to let their age guide their investments. As the theory goes, younger investors should put more of ...
Journal of Health Services Research & Policy, Vol. 9, No. 4 (October 2004), pp. 237-245 (9 pages) We review the foundations of resource allocation rules based on cost-effectiveness information.
"105 minus your age" has long been the golden standard, or back of the envelope standard, for allocation. While the rule has some merit, it has some big flaws too, as the WSJ has pointed out today.
Like it or not, the one investment decision you cannot avoid is asset allocation. Whether you invest aggressively or choose to keep you money safely on the sidelines, any investment choice you make, ...
Asset allocation is the centerpiece of any investment plan, whether it's for an individual or an organization. People typically set their asset allocation based on traditional assumptions -- many of ...
Last week, we saw that stocks are for long-term growth, bonds for income and/or to lower volatility, and cash for emergency reserves. The next step -- the most important one in investing -- is ...
In December 2020, Congress passed the American Innovation and Manufacturing (AIM) Act, which gave the Environmental Protection Agency (EPA) the authority to phase down HFCs to 15% of their baseline ...
More than most developed countries, the US system for organ transplants is plagued by shortages of donor organs, long waiting lists and geographic inequities. For livers at least, authorities will ...
Motivated by a scheduling problem arising from serial sacrifice experiments, the asymptotic efficiency of irreversible adaptive allocation rules is studied. The asymptotic lower bound for the regret ...