A new paper by Nadi Serhan Aydın (with Prof. Dr. Martin Rainer) titled “Asset-backed Stable Numéraire Approach for Sustainable Valuation” is accepted for publication in the Journal of Sustainable Finance and Investment. The article reveals the de-stabilizating effect on financial and non-financial asset prices of the conventional evaluation instruments in the field of financial engineering such as “stochastic short rate” and provides a new sustainability-based financial “benchmark” for asset valuation.
Faculty of Engineering and Natural Sciences