Universidad Católica del Uruguay
Martín Egozcue is a Certified Public Accountant and Bachelor of Economics from Facultad de Ciencias Económicas, UdelaR. He also holds a Master and a Doctoral degree in Economics from Facultad de Ciencias Sociales, UdelaR. He has taught different courses at the University of Arizona, Universidad de Montevideo, Universidad de la República del Uruguay, and Universidad Católica del Uruguay. He also works as a Financial Consultant for several firms in different sectors such as: construction, educational, financial and pharmaceutical. His primary research is financial economics, but he is also interested in applied mathematics in economics, finance and social science.
In this paper, the authors present a general model of the recognition heuristic that assumes that objects’ recognition is random.
This paper develops optimal bounds of the expectation equity-to-asset ratio.