DO BAT GANTRIES AND UNDERPASSES HELP BATS CROSS ROADS SAFELY?

Do bat gantries and underpasses help bats cross roads safely?

Major roads can reduce bat abundance and diversity over considerable distances.To mitigate against these effects and comply with environmental law, many European countries install bridges, gantries or underpasses to make roads permeable and safer to cross.However, through lack of appropriate monitoring, there is little evidence to support their eff

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Mean-Variance Efficiency of the Market Portfolio

The objective of this study is to answer the criticism to the CAPM based on findings that the Scissor market portfolio is far from the efficient frontier.We run a numeric optimization model, based on Brazilian stock market data from 2003 to 2012.For each asset, we obtain adjusted returns and standard deviations such that (i) the efficient frontier

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