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The Information Risk in the Latest Crisis: A Driver or a Driven Factor for Global Financial Markets Equilibrium?
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作者 Giorgio Bertinetti Guido Max Mantovani 《Journal of Modern Accounting and Auditing》 2012年第5期702-732,共31页
The latest financial crisis has been impressive for strength, impact, duration, and reduced efficacy of the economic and financial policies adopted by the authorities. We use an original information risk model to cont... The latest financial crisis has been impressive for strength, impact, duration, and reduced efficacy of the economic and financial policies adopted by the authorities. We use an original information risk model to contribute to the analysis of the crisis and to suggest some approaches for a possible early diagnosis. Using data referred to the three main financial markets and comparing the latest crisis with the previous one and with long-term quantitative evidence, we find out that the 2007-2009 crisis was very different in the information risk quality. That gap affected the market risk aversion and its equilibrium, reducing the efficacy of the authorities' intervention tools mainly based on payoff risk control and efficient market restoration. Since information risk is an endogenous element of the market dynamics that can be independent form contingent levels of market efficiency. Drivers of information risk in the European Markets differed strongly from the US and Japanese ones; that is why some global decisions had low impact while opportunities of local intervention were missed. 展开更多
关键词 financial crisis information asymmetries risk premium
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State-of-the-art developments in metal and carbon-based semiconducting nanomaterials: applications and functions in spintronics, nanophotonics, and nanomagnetics
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作者 Sergio Manzetti Francesco Enrichi 《Advances in Manufacturing》 SCIE CAS CSCD 2017年第2期105-119,共15页
Nanomaterials composed of metals and metal alloys are the most valuable components in emerging micro- and nano-electronic devices and innovations to date. The composition of these nanomaterials, their quantum chemical... Nanomaterials composed of metals and metal alloys are the most valuable components in emerging micro- and nano-electronic devices and innovations to date. The composition of these nanomaterials, their quantum chemical and physical properties, and their production methods are in critical need of summarization, so that a complete state of the art of the present and future of nanotechnologies can be presented. In this review, we report on the most recent activities and results in the fields of spintronics, nanophotonics, and nanomagnetics, with particular emphasis on metallic nanoparticles in alloys and pure metals, as well as in organic combinations and in relation to carbon-based nanostructures. This review shows that the combinatory synthesis of alloys with rare metals, such as scandium, yttrium, and rare earths imparts valuable qualities to high-magnetic-field compounds, and provides unique properties with emphasis on nanoelectronic and computational components. In this review, we also shed light on the methods of synthesis and the background of spintronic, nanomagnetic, and nanophotonic materials, with applications in optics, diagnostics, nanoelectronics, and computational nanotechnology. The review is important for the industrial development of novel materials, and for summarizing both fabrication and manufacturing methods, as well as principles and functions of metallic nanoparticles. 展开更多
关键词 METAL Alloy Nanoparticle SPINTRONICS NANOPHOTONICS NANOMAGNETICS Method Synthesis
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