While the much more use of leverage could be effective in generating alpha o investment, the Kelly strategy is an attractive approach to capital creation and growth. It is originated from the Kelly criterion dubbed ¡§ fortunes formula ¡§ which maximizes the long run growth rate of wealth. There is a tradeoff of rate of return versus risk/volatility as a asymptotic function solution of leverage or position size determined by the application of EGARCH model in the different residual assumptions given by the Normal, Generalized Hyperbolic, and the Generalized Error distributions. No matter there is any timing ability in any strategy, risk management is much more important especially with many repeated trading. We present the performance and risk control of the leveraged ETFs tracked the S&P 500 index in the past ten years using optimal leverage strategy derived by the full Kelly and fraction Kelly criterion.

We study evolutionary models of financial markets. In particular, we study an evolutionary market model with short-lived assets and an evolutionary model with long-lived assets. In the long-lived asset market, investors are allowed to use general dynamic investment strategies. We find sufficient conditions for the Kelly portfolio rule to dominate the market exponentially fast. Moreover, when investors use simple strategies but have incorrect beliefs, we show that the strategy which is "closer" to the Kelly rule cannot be driven out of the market. This means that this strategy will either dominate or at least survive, i.e., the relative market share does not converge to zero. In the market with short-lived assets, we study the dynamics when the states of the world are not identically distributed. This marks the first attempt to study the dynamics of the market when the probability of success changes according to the relative shares of investors. In this problem, we first study a skew product of the random dynamical system associates with the market dynamics. In particular, we compute the Lyapunov exponents of the skew product. This enables us to produce a "surviving" investment strategy, i.e., the investor who follows this rule will dominate the market or at least survive. All the mathematical tools in the thesis lie within the framework of random dynamical systems.

Thesis advisor: James F. Keenan / Kevin T. Kelly takes to heart the pastoral approach to moral theology. A Roman Catholic priest of the Liverpool Archdiocese in England, Kelly has distinguished his long career by being both a moral theologian and a pastor at the same time. Through his moral theology, he strives to proclaim the good news of salvation not only to but also out of the experience of those who ordinarily are dismissed as sinners and hence excluded from the moral conversation. In more than forty years of ministry in seminaries and in parishes, he has devoted himself to such issues as those concerning the divorced and remarried, gays and lesbians, the unmarried but cohabiting, and those infected with HIV/AIDS. Throughout his writing, the question he unwaveringly puts before himself and his readers is: What is the Spirit saying in the lives of these people? Is it condemnation? Is it edification? Is it a cry for healing? Is it a call for justice? And what does this mean for the way we understand and practice moral theology? This study articulates Kelly's distinctively pastoral method of moral theology. Through an investigation primarily of his writings, it shows that his method, in responding to the demands of scripture and tradition, is infused with compassion and characterized by the interplay of experience and dialogue, with a keen interest in the perspective of those in the margins of the moral theological discourse. In the process, this research arrives at insights into the value of the pastoral character of moral theology and outlines some specific contours it takes as it engages the various moral issues that people face in their lives. There are four chapters to this dissertation. Chapter 1 presents what the pastoral character of moral theology means and what Kelly himself envisions as the role that moral theology plays in the church. To be pastoral is to be mindful of the needs of the community, particularly of people in distress. For moral theologians, this is a call to attend to the reciprocal relationship between moral principles and human experience. It therefore summons them to attend to the movement of the Spirit in the "messy and dirty" reality of everyday life and to teach in the church in a way that honors the never-ending process of learning from the Spirit through one another, a process which admits of and profits from disagreement even with the hierarchy. The next two chapters present the pastoral approach of Kelly at work. Chapter 2 offers a detailed treatment of his position on divorce and remarriage, an issue to which he devoted many of his earlier writings. Drawing from the personalist understanding of marriage enshrined in Vatican II and supported by contemporary scholarship on relevant scripture texts, Kelly argues that the church's ministry to the divorced and remarried cannot go forward and be truly pastoral unless the church modifies its stance with regard to the indissolubility of marriage and communion for the divorced and remarried. Chapter 3 follows Kelly as he grapples with human and ecclesial experiences through which the Spirit speaks. Responding to the diversity of teachings from the various Christian churches on such issues as contraception and in vitro fertilization, he explores the dignity of the human person as a common ground which these teachings uphold and on which moral theology can and should be constructed. Impelled to address in his capacity as a moral theologian the tragic phenomenon of the HIV/AIDS pandemic, particularly the structures of oppression that intensify the spread of this disease, he outlines basic features that Christian sexual ethics must have if it is to avoid collusion with such destructive and sinful structures. From Kelly's frameworks and foundations for the renewal of moral theology and sexual ethics, three themes stand out: the changing character of morality, the broader vision of wrongness beyond discrete self-contained acts by self-contained agents, and the re-thinking and re-configuring of sexual relationships. The study culminates with Chapter 4 in which I identify Kelly's pastoral method of moral theology as it emerges from all of the above. I portray it as being inspired by scripture and tradition, driven by compassion, and performed in the interlocking spheres of experience and dialogue. Furthermore, I elaborate on the three dimensions--communal, critical, and personal--of both experience and dialogue. Apart from providing a structure for the analysis of Kelly's legacy to moral theology, this articulation of his method offers a template for the pastoral practice of moral theology in the church. / Thesis (STD) — Boston College, 2010. / Submitted to: Boston College. School of Theology and Ministry. / Discipline: Sacred Theology.

The purpose of this study is to analyze how and why Kelly initially began interjecting political satire into his comic strip Pogo and how he was able to avoid being blacklisted during the time of the Red Scare. The scope of this study includes a history of the medium, a biography of the author, and a discussion of humor as a means of dissent and personal artistry. The methodology uses both historical documentation and semiotic analysis of Kelly’s work from high school, the Disney studios, The New York Star and Pogo. Case studies include gender racial, and political analysis. The findings resulted from an analysis of the archive. Conclusions reached were that Kelly’s work created a new form of political dissent that was less satirical than editorial cartoons of the day and more directed toward the enjoyment of the reader rather than at any political affiliation, a form of comedic writing that continues to be used today in such forms as the Daily Show, Colbert Report and Saturday Night Live. This new form of political satire is important to journalistic studies since it reveals a theme of parrhesia, a Socratic term for speaking truth to power, that was further developed in the twentieth century by Star columnist I. F. Stone and French philosopher Michel Foucault. The primary limitation of this study was that Pogo was an extremely personal work, one that could not be duplicated by others successfully after the author died.

This dissertation explores the gendered division of childcare in terms of concepts of the father and examines how these concepts have impacted on the production of women artists in the history of western art. The survey is restricted to western culture and is subdivided, according to changes in concepts of the father, into roughly three periods: the era of the pre-modern father, the era of the modern ideology regarding the mother, and the postmodern era, in which a new concept of the father was articulated. / Thesis (M.A.F.A.)-University of Natal, Pietermaritzburg, 2003.

Thesis (Ph. D.)--State University of New York at Binghamton, Department of English, General Literature and Rhetoric, 2007. / Free verse and prose poems. Includes bibliographical references.

Thesis (Ed.D.)--Teachers College, Columbia University. / Typescript; issued also on microfilm. Sponsor: Justin Schorr. Dissertation Committee: William J. Mahoney. Includes bibliographical references.

Although George Kelly's psychology of personal constructs was not originally designed to address and account for experiences of self-betrayal, as described by Warner (1986, 2001), Olson (2004, 2007), Olson and Israelson (2007), Williams (2005), and others (Arbinger, 2000), his theory (with minor modifications) may help illuminate the psychology behind the sudden gestaltic shifts and moral transformations experienced by individuals in Warner's (1986, 2001) stories, without undoing any of Warner's existing analysis of self betrayal.The end vision of the thesis is a structured theory of personality, so to speak, that borrows Kelly's insights and extends them to the phenomenon of self-betrayal. This approach allows us to (1) help others make their self-betraying constructs explicit, (2) measure and document them when we do, (3) communicate those constructs to others, (4) and do all of these things while conceptualizing human beings as moral agents responding to their moral sense, in addition to scientists seeking to predict and control their environment.

Submitted by (lucia.rodrigues@ufrpe.br) on 2016-11-08T13:57:59Z No. of bitstreams: 1 Jose de Arimatea Rocha.pdf: 1933479 bytes, checksum: ff657cd14adb011a65ec7e2ccad0ca6a (MD5) / Made available in DSpace on 2016-11-08T13:57:59Z (GMT). No. of bitstreams: 1 Jose de Arimatea Rocha.pdf: 1933479 bytes, checksum: ff657cd14adb011a65ec7e2ccad0ca6a (MD5) Previous issue date: 2006-08-08 / In this work, we study the learning of the resolution of combinatories problems for students of 4th period of the Course of Mathematics of the Universidade Federal Rural de Pernambuco. Our research was developed in two stages: In the first stage we investigate this learning when the pupils were submitted to a traditional education practice. In the second stage we use the Kelly Experience’s Cycle to organize action that the pupils were leading so that they planned education and they presented a lesson on Combinatories, acting as if teachers were. We evidence that in general the students have difficulties in the resolution of combinatories problems constructing little practical learning during the traditional practice. The results also show that the use of the kellyan cycle incorporates possibilities of practical that induce the reflective reasoning on the pupils and their interactive behavior. Yet, when leading the pupils to be acted as if teachers were elaborating a plan of theaching and a lesson on Combinatories, the CEK provided that they incorporated in significant way to the learning of resolution of combinatories problems. / Neste trabalho, estudamos a aprendizagem da resolução de problemas combinatórios por licenciandos do 4º período do Curso de Matemática da Universidade Federal Rural de Pernambuco. Nossa pesquisa se desenvolveu em duas etapas: na primeira etapa investigamos essa aprendizagem quando os alunos foram submetidos a uma prática tradicional. Na segunda etapa usamos o Ciclo da Experiência de Kelly para organizar ações que conduzissem os alunos ao planejamento do ensino e apresentação de uma aula em Combinatória agindo como se professores fossem. Constatamos que, em geral, os licenciandos têm dificuldades na resolução de problemas combinatórios construindo pouca aprendizagem durante a prática tradicional. Os resultados também mostram que o uso do ciclo kellyano incorporam possibilidades de práticas que induzem ao raciocínio reflexivo por parte dos alunos e a interação entre eles. Mais ainda, ao conduzir os alunos para agirem como se professores fossem, elaborando um plano de ensino e uma aula sobre Combinatória, o CEK proporcionou que eles incorporassem de modo significativo à aprendizagem de resolução de problemas combinatórios.

Submitted by (lucia.rodrigues@ufrpe.br) on 2016-10-21T12:13:53Z No. of bitstreams: 1 Alceu Domingues Alves.pdf: 2706251 bytes, checksum: b08b282eb347f2211c929e290db2c050 (MD5) / Made available in DSpace on 2016-10-21T12:13:53Z (GMT). No. of bitstreams: 1 Alceu Domingues Alves.pdf: 2706251 bytes, checksum: b08b282eb347f2211c929e290db2c050 (MD5) Previous issue date: 2008-08-29 / The present work of research proposes to teach the fractal geometry in high school classroom, with approach in the forms the objects natural and build by the man. Despite of the utility of the fractal geometry for description of the natural objects, this geometry is a subject that has been taught poor in the last series of the high school. The objective of the work is: i. to identify as the students conceive the geometric forms of objects and processes of the nature, without previous knowledge of fractal geometry; the procedure methodological is to carry the students for to apply the Euclidian and fractal in the description of the different shape natural an build by the man. Educational software of dynamic geometry will be used to work with the Euclidean and fractal geometry. The object used will be some students the last year of the high school from a public school of the state of Pernambuco. The theory of the Kelly personal constructs were be used in the analysis of the data. / O presente trabalho propõe introduzir o conceito e propriedades da Geometria Fractal no Ensino Médio, com enfoque numa abordagem baseada nas descrições das formas dos objetos construídos pelo homem e pela natureza. A Geometria Fractal é um tema que tem sido explorado de maneira bastante superficial nas séries finais do ensino médio, apesar da sua extrema utilidade na descrição das formas construídas pela natureza. O principal objetivo do trabalho é investigar como os alunos concebem as formas geométricas dos objetos e processos da natureza. A proposta metodológica para a realização da pesquisa consistiu em utilizar objetos construídos pela natureza e pelo homem e levar os alunos a descreverem suas formas a partir da geometria euclidiana (estudada previamente) e da geometria fractal (discutida numa oficina realizada durante a pesquisa). Softwares educacionais de geometria dinâmica foram usados para trabalhar com os alunos as duas geometrias. A amostra trabalhada foi constituída de alunos de uma turma de terceiro ano do ensino médio de uma escola pública da rede oficial de ensino do Estado de Pernambuco. A teoria dos construtos pessoais de George Kelly foi usada para analisar os dados.